Cebu Landmasters, Inc. Inked Partnership with The Ascott Limited to Managed Citadines Cebu City

Cebu Landmasters, Inc. inked partnership with The Ascott Limited, the world’s largest international serviced residences owner- operator to managed Citadines Cebu City which is set to opened in 2019.

The Ascott Limited currently operates three award- winning brands: Ascott, Citadines and Somerset, each catering to different travelers’s needs. Ascott offers luxurious living homes with excellent services for business travelers while Citadines is an ideal vibrant home in the city with flexible services for individuals on the go and Somerset is known for its stylish apartments for executives and their families.

Citadines Cebu City is Ascott’s first property outside Manila and Mr. Arthur Gindap, The Ascott Limited’s Regional General Manager for Philippines and Thailand said, “The Ascott Limited has set its sights on expanding outside of Manila, primarily to thriving key cities with a high demand for premier serviced residences. Cebu, considered as the country’s second major business and commercial capital, has a robust business climate and high tourism arrivals, as well as a steady influx of local and foreign visitors or those who are here on business assignment, making it an ideal location for our next property. Ascott will be managing Citadines Cebu City, which marks our entry in the progressive Visayas region.”

The third Citadines International serviced residence in the Philippines, Citadines Cebu City will be built at the former site of Base Line, a Cebuano landmark that dates back to 1973. In the past, Base Line has been a favorite go- to destination of Cebuanos, popular for its various recreational and sports facilities. The contemporary serviced residence will be part of a mixed- use development that will also comprise offices, retail and private residential units- the ideal second home for discerning international businessmen and leisure travelers.

The 180- apartment development will feature a range of studio and one- bedroom apartments, as well as exclusive lofts, complete with all modern conveniences of home. All units will come wit a well- equipped kitchen, separate work and living areas, home entertainment and broadband internet connection. Business travelers staying at Citadines Cebu City can also utilize the meeting and function rooms.

For work- life balance, the property owned by Cebu Landmasters, Inc. will feature a recreational floor complete with a swimming pool and fitness center. There will likewise be a commercial spaces on the ground floor, including a supermarket, dining and retail outlets.

Citadines Cebu City is easily accessible from major thoroughfares – Osmeña Boulevard, Escario Street and Mango Avenue. Within walking distance are key establishments, malls, restaurants, hospital, churches, government offices, commercial establishments and universities.

The Ascott Limited, a member of CapitalLand, is an international serviced residence owner- operator with more than 250 properties in over 92 cities spanning more than 25 countries across the Americas, Asia. Pacific, Europe and the Gulf region.