CapitaLand Unit The Ascott to Manage Istanbul Property
January 29 2015 - 11:30PM
Dow Jones News
By Gaurav Raghuvanshi
SINGAPORE--CapitaLand Ltd.'s (C31.SG) serviced residence
business unit The Ascott Ltd. said Friday it has won a contract to
manage its first serviced residence in Turkey.
Slated to open in 2016, the 159-unit Somerset Maslak Istanbul
will be located in one of Istanbul's main business and leisure
districts, Ascott said in a statement.
Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@wsj.com
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