Information: Ascott stengthens international portfolio with Oakwood acquisition

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Ascott is buying Oakwood Worldwide, the premier international serviced residence supplier, in a deal which can enhance Ascott’s international portfolio by 81 properties and about 15,000 items. Oakwood’s roughly 8,500 operational items are anticipated to right away contribute to Ascott’s recurring payment earnings streams upon completion of the transaction in autumn 2022.

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