CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) announced it is acquiring Oakwood Worldwide (Oakwood), a premier global serviced apartment provider, from Mapletree Investments Pte Ltd.
Mapletree Investments on March 25 inaugurated its first Mapletree-developed serviced apartment in Viet Nam and unveiled the design for its grade A office twin towers, V Plaza.
Oakwood Worldwide, wholly owned by Mapletree Investments, has announced the opening of its second property in HCM City and the first Oakwood serviced apartment developed by Mapletree in the country.
