“We Define Global Living” NEWS RELEASE ASCOTT LAUNCHES

Ascott International Management Dubai PTE LTD (Dubai Branch) Park Place Tower, Level 7, Sheikh Zayed Road, PO Box 333497, Dubai, United Arab Emirates t (971-4) 326 6643 f (971-4) 386 4418 www.the-ascott.com

NEWS RELEASE

ASCOTT LAUNCHES ‘FREE NIGHT’ PROMOTION Offers are available to guests, from 1st April to 30th September 2019

Middle East, 1st April 2019 – The Ascott Limited (Ascott) has announced special offers across participating properties in the Middle East and beyond during the spring and summer months. The ‘free night’ promotion is available at serviced residences across the UAE, KSA, Bahrain, Oman, Turkey and Ghana. Guests staying between 1st April and 30th September 2019 can avail two or four night stays and receive an extra night complimentary.

Each of the featured properties is conveniently located close to restaurants and shopping attractions, while the serviced residences promise a wide range of leisure facilities and amenities to further enhance guests’ stay, from fully equipped gymnasiums, swimming pools and residents’ lounges, to parking and meeting facilities for business travellers.

Ascott Park Place Dubai, an exclusive property on Sheikh Zayed Road, boasts spacious residences from one to three bedrooms. Soak up the majestic views across the city and Arabian Gulf or relax in the temperature-controlled 40m swimming pool.

Boasting comfortable and modern studios and one-bedroom apartments, Citadines Metro Central Dubai is conveniently located opposite the Dubai Internet City metro station an ideal choice for guests staying overnight or for an extended stay.

Ideally located for city living in style, Ascott Tahlia Jeddah is within easy reach of Jeddah’s main commercial and shopping districts, with numerous fashion boutiques, cafes and restaurants close by.

Boutique-sized Ascott Sari Jeddah is located in the fashionable Sari neighbourhood next to Stars Avenue Mall and within easy reach of the international airport. With spacious rooms and outdoor pool, this hotel apartment offers high-class living for the discerning traveller.

Citadines Al Salamah Jeddah is located in the north of the city with luxury brand shopping and fine dining options on its doorstep. Each of the fully-furnished apartments are tastefully decorated with separate living and dining areas.

Spectrums Residence Jeddah on Prince Sultan Road offers travellers a prime position in

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which to enjoy balanced living in the heart of the city, conveniently located opposite Centrepoint shopping centre and close to international schools.

Poised amidst central downtown and Riyadh’s International airport, Ascott Rafal Olaya Riyadh offers luxurious accommodation with exceptional city views – all within easy access of a wide variety of restaurants and shops.

Somerset Panorama Muscat embodies sophisticated Omani hospitality. Located above the exclusive Panorama Mall, this deluxe residence is close to the diplomatic area and located midway between Muscat’s CBD and international airport.

Centrally located in Manama’s stylish Juffair neighborhood is Somerset Al Fateh Bahrain, an elegant urban serviced residence, just minutes away from the capital’s historical and cultural attractions.

Situated in Europe’s largest lifestyle development Maslak 1453, Somerset Maslak Istanbul is surrounded by lifestyle facilities and amenities, providing an oasis of calm within the busy city of Istanbul.

For visitors venturing out of the Middle East, Kwarleyz Residence Accra promises an exclusive living experience in the heart of the Ghanaian capital, just a short drive from Kotoka International Airport and within easy reach of Marina Mall.

For bookings and information, please visit: www.ascottmea.com

ENDS

About The Ascott Limited

The Ascott Limited is a Singapore company that has grown to be one of the leading international lodging owner-operators. It has more than 58,000 operating units in key cities of the Americas, Asia Pacific, Europe, the Middle East and Africa, as well as over 42,000 units which are under development, making a total of more than 100,000 units in over 660 properties.

The company’s serviced residence and hotel brands include Ascott, Citadines, Somerset, Quest, The Crest Collection, lyf, HARRIS, FOX HARRIS, YELLO, POP!, Préférence and HARRIS Vertu. Its portfolio spans more than 170 cities across over 30 countries. Ascott’s properties can be found in cities including New York, London, Paris, Brussels, Berlin and

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Barcelona in Europe; Singapore, Bangkok, Hanoi, Kuala Lumpur, Tokyo, Seoul, Shanghai, Beijing and Hong Kong in Asia; Melbourne and Perth in Australia, Bangalore and Chennai in India; Dubai, Doha and Manama in the Middle East as well as Ghana in Africa.

Ascott, a wholly owned subsidiary of CapitaLand Limited, pioneered Asia Pacific’s first international-class serviced residence with the opening of The Ascott Singapore in 1984. In 2006, it established the world’s first Pan-Asian serviced residence real estate investment trust, Ascott Residence Trust. Today, the company boasts over 30 years of industry track record and award-winning brands that enjoy recognition worldwide.

Ascott ’ s achievements have been recognised internationally. Recent awards include World Travel Awards 2018 for ‘Leading Serviced Apartment Brand’ in Asia, Europe and the Middle East; DestinAsian Readers’ Choice Awards 2018 for ‘Best Serviced Residence Brand’; TTG China Travel Awards 2018 for ‘Best Serviced Residence Operator in China’; Business Traveller Asia-Pacific Awards 2018 for ‘ Best Serviced Residence Brand ’ ; Business Traveller UK Awards 2018 for ‘Best Serviced Apartment Company’ and Business Traveller China Awards 2018 for ‘Best Luxury Serviced Residence Brand’. For a full list of awards, please visit https://www.the-ascott.com/ascottlimited/awards.html.

About CapitaLand Limited

Ascott’s parent company, CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, it is an owner and manager of a global portfolio worth over S$92 billion as at 30 September 2018, comprising integrated developments, shopping malls, lodging, offices, homes, real estate investment trusts (REITs) and funds. Present across more than 160 cities in over 30 countries, the Group focuses on Singapore and China as core markets, while it continues to expand in markets such as Vietnam and Indonesia.

CapitaLand’s competitive advantage is its significant asset base and extensive market network. Coupled with extensive design, development and operational capabilities, the Group develops and manages high-quality real estate products and services. It also has one of the largest investment management businesses in Asia and a stable of five REITs listed in Singapore and Malaysia – CapitaLand Mall Trust, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust and CapitaLand Malaysia Mall Trust.

Visit www.capitaland.com for more information.

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For media enquiries, please contact:

Cindy Blaser Mobile: +971 55 631 0028 Email: [email protected]

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