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Ascott Expands Citadines Portfolio In Europe With New Islington Apart’hotel

September 10, 2020


CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has opened Citadines Islington London – the newest addition to its Citadines’ Apart’hotel portfolio in Europe. The prime property in the heart of Islington was acquired in April 2016 through Ascott’s serviced residence global fund with Qatar Investment Authority.

The 108-unit serviced residence has been delivered by privately held real estate investment firm Cain International. It is located in London’s exciting new Islington Square, a new multi-faceted destination and heritage site that includes shops, residences, offices, an upscale cinema, gym and more – all spaciously distributed across newly formed ‘streets’ conceived by award-winning architect Piers Gough of CZWG.

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