KSA: Ascott has been awarded a contract to manage a Citadines-branded property at Al Khobar in the eastern province of Saudi Arabia.
Citadines Al Khobar will be located in central Al Khobar, between King Salman and Prince
Fawaz streets on the 4th main street in Al Khobar Al
It will comprise 54 one-bedroom apartments with various layouts.
Managed and operated by Ascott, facilities will include a breakfast area, residents' lounge and fully equipped gym.
"We are delighted to have signed an agreement to manage Citadines Al Khobar," remarked Vincent Miccolis, Ascott's country general manager for the Middle East and Turkey.
"Citadines Al Khobar is the third property, together with Citadines Abha and Somerset Al Khobar, that we will be working with developer AREIC (the real estate arm of Al Mutlaq Group) and we are pleased to strengthen our partnership with them," he added.