Singapore's The Ascott Ltd is buying serviced residence provider Oakwood Worldwide from Mapletree Investments for an undisclosed amount in a move that would boost its management portfolio by 11 percent with the addition of 81 accommodations globally, the firm announced... Read More>> The post CapitaLand's Ascott Buying Oakwood Serviced Apartment Business From Mapletree appeared first on Mingtiandi.
Oakwood is a Singapore-based hospitality firm that owns and operates serviced apartments, hotels, and studios for travelers and corporates across the world.