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Welcome to Ministry of Wealth and Gifts for your loved ones!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down


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Tuesday, 19 April 2011

CapitaLand's Ascott says to buy Frankfurt property for 28 mln euros

SINGAPORE, April 19 (Reuters) - Singapore real estate company CapitaLand said on Tuesday its serviced residence arm, the Ascott Limited, will acquire a property in Frankfurt for 28 million euros ($40.4 million).


The new 165-unit Citadines Messe Frankfurt, which is slated to open in 2014, will increase Ascott's Europe portfolio to over 5,300 apartment units in 48 properties across 22 cities.

"Europe is a key market for Ascott in its international  expansion. With this acquisition, we are on track to achieve 7,000 apartment units in Europe by 2015," said Ascott's CEO
Posted by Createwealth8888 at 13:25
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