Singapore Investor CapitaLand Acquires Sunnyvale Hotel for $60MM

Ascott Acquires Freehold Hotel in Silicon Valley to be Rebranded as Citadines Cupertino Sunnyvale Gathers momentum in the U.S. with fourth acquisition in the country within five months; more than triples last year’ s portfolio to over 2,900 units CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), is investing S$81.5 million (US$60 million; […]