ASCOTT OPENS ASIA’S FIRST UNIQUE LUXURY PROPERTY UNDER THE CREST COLLECTION – METROPOLE BANGKOK

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Online PR News – 15-November-2016 – Singapore – Singapore, 14 November 2016 – CapitaLand’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has opened Metropole Bangkok, Asia’s first unique luxury serviced residence under The Crest Collection. Each property in The Crest Collection has a distinctive character which epitomises European elegance and grandeur. rnrnLocated in Thonglor, Bangkok’s most sought-after residential district, Metropole brings a touch of European charm to the heart of Bangkok. The exclusive serviced residence features a colonial architecture and an infusion of neoclassicism design with Thai elegance.rn rnMr Jean Keijdener, Ascott’s Country General Manager for Thailand, said: “Metropole is the only property in Asia and one of four in the world handpicked to be part of the prestigious Crest Collection. Choosing Bangkok to debut our first Crest Collection property in the region is testament to Ascott’s commitment to Thailand. Bangkok is one of Asia’s most dynamic cities and Thonglor is its most vibrant area, home to the city’s trendiest dining and entertainment options. Metropole is a masterpiece that combines period elegance with contemporary comforts while offering expatriates and travellers unprecedented personalised service. Staying in Metropole is an experience like no other.” rnrnMr Keijdener added: “After operating in Thailand for more than 10 years with our three well-known brands - Ascott, Citadines and Somerset, we found this unique beauty that is befitting of The Crest Collection. Metropole is a landmark addition that will elevate the living experience of serviced residences in Bangkok. With Ascott’s strong expertise in managing award-winning properties in some of the finest locations worldwide, I am confident that Metropole will be an extraordinary place for our guests to call home.” rnrnMetropole is surrounded by trendy restaurants and cafés, fashionable retail outlets, popular lifestyle malls as well as glamorous bars and clubs. Sukhumvit Road, Bangkok’s main business and entertainment district, and Bangkok Hospital, an international medical centre, are a short drive away. Thonglor skytrain station is a 10-minute drive away, providing residents with easy access to various tourist attractions and major industrial estates in Eastern Thailand. rnrnThe luxury serviced residence offers 116 spacious apartments with a choice of studio or one-bedroom apartment and some units also come with a private balcony. The apartments provide the ultimate in homely comfort, where residents can enjoy a quiet respite in the privacy of their room, lounge and entertain guests at the living and dining areas, or whip up some home-cooked meals at the fully-equipped kitchen. Meticulously designed with sophistication, luxurious furnishings and fine amenities, each apartment features high ceiling and most of them have large floor-to-ceiling windows that offer remarkable views of the city. rnrnTo relax and unwind, Metropole provides guests with facilities such as a swimming pool, a fitness centre with cold onsen, a restaurant with an outdoor dining area and residents’ lounge. For guests’ convenience, the serviced residence also offers additional services including laundry, dry cleaning and meal delivery. rnrnBesides Metropole in Bangkok, Ascott’s three other serviced residences under The Crest Collection are located in Paris, France. La Clef Louvre and La Clef Tour Eiffel are operational while La Clef Champs-Élysées is slated to open in 2018. rnrnIn Thailand, Ascott is the largest international serviced residence operator, with 17 properties and more than 3,000 units across Bangkok, Pattaya and Sri Racha. Seven of the serviced residences are scheduled to open progressively from next year till 2024. rnrnAbout The Ascott Limited rnrnThe Ascott Limited is a Singapore company that has grown to be one of the leading international serviced residence owner-operators. It has over 29,000 operating serviced residence units in key cities of the Americas, Asia Pacific, Europe and the Middle East, as well as over 19,000 units which are under development, making a total of more than 49,000 units in over 300 properties. The company operates three award-winning brands – Ascott, Citadines and Somerset. Its portfolio spans more than 100 cities across 27 countries. rnrnAscott, 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. Today, the company boasts over 30 years of industry track record and award-winning serviced residence brands that enjoy recognition worldwide. rnrnAscott’s achievements have been recognised internationally. Recent awards include World Travel Awards 2016 for ‘Leading Serviced Apartment Brand’ in Asia, Europe and the Middle East; Business Traveller Asia-Pacific Awards 2016 for ‘Best Serviced Residence Brand’; Business Traveller Middle East Awards 2016 for ‘Best Serviced Apartment Company’; Business Traveller UK Awards 2016 for ‘Best Serviced Apartment Company’; TTG China Travel Awards 2016 for ‘Best Serviced Residence Operator in China’; DestinAsian Readers’ Choice Awards 2016 for ‘Best Serviced Residence Brand’ and Business Traveller China Awards 2015 for ‘Best Serviced Residence Brand’ and ‘Best Serviced Residence’. For a full list of awards, please visit http://www.the-ascott.com/ascottlimited/awards.rnrnAbout CapitaLand Limited rnrnCapitaLand is one of Asia’s largest real estate companies headquartered and listed in Singapore. The company leverages its significant asset base, design and development capabilities, active capital management strategies, extensive market network and operational capabilities to develop high-quality real estate products and services. Its diversified global real estate portfolio includes integrated developments, shopping malls, serviced residences, offices and homes. Its two core markets are Singapore and China, while Indonesia, Malaysia and Vietnam have been identified as new growth markets. The company also has one of the largest real estate fund management businesses with assets located in Asia. rnrnCapitaLand’s listed real estate investment trusts are CapitaLand Mall Trust, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust and CapitaLand Malaysia Mall Trust. rnrnVisit www.capitaland.com for more information. rnrnIssued by: The Ascott Limited Website: www.the-ascott.com rnrn168 Robinson Road, #30-01 Capital Tower, Singapore 068912

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Contact Information
Joey Wong
The Ascott Limited
168 Robinson Road, #30-01 Capital Tower
Singapore Singapore, Singapore

(65) 6713 2865