Ascott appoints head of business development for Europe

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UK: The Ascott Limited has appointed Christian Desira as head of business development and investment for Europe.

Before joining Ascott, he held various transactional and hotel development roles, including at LHG in London, DeVono Cresa in London, Q Hotels & Residences in Singapore, HVS International in San Francisco and Jones Lang LaSalle (JLL) in London.

He will play an integral role in driving the company’s growth plans to reach 10,000 units in Europe and 160,000 units globally by 2023.

Desira will have overall responsibility for business development of the European division of The Ascott Limited and CapitaLand Limited (Ascott’s parent company).

Ngor Houai Lee, managing director Europe for The Ascott Limited, said: “We’re delighted to welcome Christian to Ascott. He has a fantastic track record in the hospitality and real estate industries and is hugely skilled in acquisitions, negotiations and asset management. Ascott has ambitious plans for growth and we are confident that Christian’s expertise and leadership will help us achieve those.”

Desira said: “Ascott is one of the largest players in this industry with a fantastic portfolio of properties and I’m excited to be working with what is an extremely talented and committed team. It’s an exciting time for the business – the company has enjoyed record expansion in recent years, and I look forward to working with the team here to continue on this upward trajectory.”

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