Tag: Ascott

Frasers Hospitality Will Invest In China, India And Southeast Asia

June 24, 2008 – 1:26 am

Frasers Hospitality, Asia’s 2nd largest serviced-apartment operator, said it’s in talks to set up private equity funds to invest in China, India and Southeast Asia after delaying its planned share sale. The company, which expanded its portfolio eight fold to 3,287 apartment units in the past decade, is raising funds for new developments together with […]

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Ascott Group Enters Into Hyderabad Real Estate

April 28, 2008 – 7:48 am

The Ascott Group (Ascott) has acquired its first serviced residence with more than two hundred units in Ahmedabad. The investment is a joint venture with The Rattha Group (Rattha), a company in the field of exports, infrastructure development and leasing. Ascott has invested more than two hundred fifty million rupees for the project and will […]

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