Ascott has seven properties in Philippines pipeline

George Sell By George Sell
09 February 2017 | Updated 17 February 2017

Philippines: Ascott will open seven serviced apartment properties in the Philippines over the next six years, including one in Ortigas this quarter.

The properties will be under Ascott's Citadines and Somerset brands, and will comprise 1,826 units of various sizes.

The seven properties are Citadines Millennium Ortigas Manila (293 units, opening Q1 2017), Citadines Bay City Manila (212 units, opening 2018), Citadines Cebu City (180 units, open 2019), Somerset Valero Makati (176 units, opening 2020), Somerset Salcedo Village Makati and Somerset Place Salcedo (adjacent buildings, 270 units each, opening 2021), Citadines Greenhills Manila (280 units, opening 2021) and Citadines Benavidez Makati (145 units, opening 2023).

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