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Ascott enters Indian market

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Published on 01/07/13 - Updated on 17/03/22

Ascott Ireo City Gurgaon

Ascott Limited announced the signing of a management contract for the development of the Ascott Ireo City Gurgaon residence.

Ascott Limited is strengthening its international presence with the opening of its first Ascott brand residence in India. The Singaporean group has signed a management contract with IREO Private Limited, for the development of the Ascott Ireo City Gurgaon residence . Located near New Delhi, it has 160 apartments.

"The Ascott brand has recently expanded to Nanjing and Wuxi in China, and Riyadh and Jeddah in Saudi Arabia. This new residence in Gurgaon allows us to expand our global presence in more than 70 cities in over 20 countries. We are confident about the long-term economic fundamentals in India and continue to see potentiel for serviced apartments in this emerging country. with the Ascott Ireo City Gurgaon residence, we now have nine establishmentsand more than 1,900 apartments in India. our Ascott residences offer our clients highly personalized service in an exclusive environment", said Lee Chee Kon, CEO of Ascott.

Ascott International

Ascott International

Résidence de tourisme

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