The world's biggest serviced-apartment operator and Qatar's sovereign wealth fund have teamed up to acquire a new $71 million Quest apartment hotel, to be built at Melbourne's Docklands.
Ascott Limited, a subsidiary of Singapore-listed real estate giant CapitaLand and the $337 billion Qatar Investment Authority will jointly acquire the new 221-room Quest NewQuay Docklands apartment hotel being developed by private developer MAB Corporation at its New Quay waterfront precinct...............................................Full Article: Source
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