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Real Estate Briefing - Categorized | Investment, Market Moves more

India is focus for world’s largest serviced residence operator

Posted on 08 August 2011

Ascott, which calls itself the world’s largest serviced residence owner-operator, is expanding its footprint in India in cities like Mumbai, Delhi and Pune, adding to its $250 million investment in seven upcoming properties.
“India is an important market for us. There is a big untapped demand but limited supply of serviced residences,” said Ronald Tay, the chief investment officer of the Singapore-based company………………………………………Full Article: Source


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