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.
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