Ascott to upgrade on the Terrace

Wednesday, 10 Sep, 2013 0

CapitaLand’s wholly-owned serviced residence business unit, Ascott, has embarked on an A$5.1 million refurbishment of Somerset St Georges Terrace, located in Perth’s CBD.

The 85-unit property is undergoing refurbishment in phases that will be completed by mid-January 2014.

Upgrades will be made to all studio and one-bedroom apartments.

The property’s reception and common areas will be given a new contemporary look.

Kenneth Rogers, regional general manager for The Ascott Limited in Indonesia and Australia, said: "We see immense potential investing further in the Western Australia market."



 

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Ian Jarrett



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