It has over operating serviced residences in key cities of the Americas, Asia Pacific, Europe and the Gulf region. Paul Constantinou, chairman of Quest Apartment Hotels, said Quest has the largest and fastest growing network of serviced apartments in Australia. Quest NewQuay Docklands will be Quest's largest property in its network.
The fund invests in serviced residences and rental housing properties with an initial focus on Asia-Pacific and Europe. The majority of guests purchase water when they stay at our properties, and so the Thankyou water partnership made sense to us as a way to make a significant impact, simply by swapping our existing bottled water supplier to Thankyou," he said. We are actively sourcing for opportunities particularly across the central business district and suburban areas of Sydney, Brisbane and Melbourne. Quest has more than properties with over 8, existing units in Australia, New Zealand and Fiji, and a further 1, units under construction. Ascott aims to hit 80, apartment units globally by Through our strategic partnership with Quest, we can combine our expertise to drive Ascott's expansion in Australia and enjoy stable income as Quest will provide fixed leases for the properties and operate them under its well-established franchise," said Mr Lee. The company boasts over 30 years of industry experience and operates three award-winning brands — Ascott, Citadines and Somerset. Quest NewQuay Docklands will be Quest's largest property in its network. During your stay, immerse yourself in the Ascott Lifestyle and live as you always have; with a selection of cultural, gastronomical, local and wellness experiences curated to your interests. Its serviced residence global fund was set up through a It has over operating serviced residences in key cities of the Americas, Asia Pacific, Europe and the Gulf region. Paul Constantinou, chairman of Quest Apartment Hotels, said Quest has the largest and fastest growing network of serviced apartments in Australia. This translates to over serviced apartments in the Americas, Asia Pacific, Europe and the Gulf region. In addition, Ascott acquired a 20 per cent stake in Quest, with an option to increase it to 30 per cent. Quest Apartment Hotels is proud to be in partnership with the following organisations: Quest will provide a lease for the properties, which will be operated under franchises using the Quest brand. Quest CEO Zed Sanjana said it was the first national initiative of this type for the business, and the company was determined to support a program that would inspire and educate guests — with the potential to make a real difference. At participating Quest properties, guests will receive a complimentary bottle of Thankyou water at the beginning of their stay, and be encouraged to purchase additional bottles to support developing nations gaining access to clean water, food, health and sanitation facilities. In Australia, Ascott currently manages five serviced residences with more than apartment units in Melbourne, Perth and Hobart under the Citadines and Somerset brands. In a filing to the bourse operator on Tuesday, CapitaLand said Quest will lease the serviced residence, which will be named Quest NewQuay Docklands, and operate it under Quest's franchise when the property opens in Ascott has a right of first refusal to acquire the properties sourced by Quest.
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