CapitaMalls Asia (China), a retail real estate arm of CapitaMalls Asia Limited (CapitaMalls Asia), is the shopping mall developer, owner and manager of quality retail real estate properties in China.
CapitaMalls Asia (China) has a diversified portfolio of 52 retail properties across 34 cities, covering over four million square meters in gross floor area. Landmark properties, owned or managed by CapitaMalls Asia (China), include Xizhimen Mall in Beijing, Jinniu Mall in Chengdu, Raffles City Beijing, and Raffles City Shanghai.
CapitaMalls Asia (China) has formed strategic alliances with Beijing Hualian Group, sixth largest retailer in China. It has also signed a co-operative agreement with China Vanke Co, Ltd, the largest residential developer in China, to jointly develop a portfolio of identified retail assets within Vanke’s residential township projects.
Ascott is the world's largest international serviced residence owner-operator with more than 26,000 serviced residence units in key cities of Asia Pacific, Europe and the Gulf region. Its portfolio spans more than 60 cities in over 20 countries. The company operates three brands - Ascott, Citadines and Somerset.
Ascott is also the largest international serviced residence owner-operator in China, operating 34 properties more than 6,300 units in Beijing, Chengdu, Chongqing, Dalian, Hangzhou, Ningbo, Shanghai, Shenyang, Shenzhen, Suzhou, Tianjin, Wuhan, Xi'an and Hong Kong. Today, the company boasts a 26-year industry track record and serviced residence brands that enjoy recognition worldwide.
Ascott is a wholly-owned subsidiary of CapitaLand (http://www.capitaland.com/ ) which is one of Asia's largest real estate companies. Headquartered and listed in Singapore, the multi-local company's core businesses in real estate, hospitality and real estate financial services are focused in growth cities in Asia Pacific and Europe.