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NEWS RELEASE

CITADINES ON BOURKE MELBOURNE WINS APARTMENT/SUITE ACCOMMODATION OF THE YEAR AWARD FOR THE THIRD TIME

Australia, 27 May 2014 – The Ascott Limited’s (Ascott) first Citadines Apart’hotel in Australia, Citadines on Bourke Melbourne, has been named the ‘Best Apartment/Suite Accommodation of the Year’ at the 2014 Tourism Accommodation Australia (TAA) (Victoria) State Awards for Excellence. The pre-eminent awards by the TAA – a division of the Australian Hotels Association (AHA) representing the interest of the accommodation industry – recognise the best hotels, motels and serviced apartments.

This is the third year that Citadines on Bourke Melbourne has received the award for 'Best Apartment/Suite Accommodation of the Year', having clinched the title at the 2011 and 2012 awards and nationally at the AHA awards in 2011. The property, which opened in July 2010, also garnered the Silver Award in ‘New Accommodation Development’ at the National Accommodation Industry Awards for Excellence 2011 and was a finalist at the Victorian Tourism Awards for ‘New Tourism Development’ the same year.

Mr Kenneth Rogers, Ascott’s Regional General Manager for Australia and Indonesia, said: “We are proud that Citadines on Bourke Melbourne has won the ‘Best Apartment/Suite Accommodation of the Year’ award for the third time. This award, which is given out by esteemed hospitality industry members, is a strong testament of the high quality products and services that we offer.”

Citadines on Bourke Melbourne reflects the vibrancy of Melbourne. Inspired by the city’s distinctive laneways of boutiques, cafés and galleries, the lobby of the property is designed as a laneway connecting two renowned shopping strips. Citadines on Bourke Melbourne also showcases the works of Melbourne artists, providing a local contemporary edge to the property.

Citadines on Bourke Melbourne offers choices of studio, one- and two-bedroom apartments. All apartments boast floor-to-ceiling windows, with the apartments on the higher floors offering panoramic views of the city. In addition, guests can choose to enjoy a range of facilities including a swimming pool, sauna, gymnasium, outdoor sundeck, business corner and services such as room service, onsite bar and restaurant and complimentary WIFI.

Located in the heart of the city at 131-135 Bourke Street, Citadines on Bourke Melbourne is well served by public transport and is within walking distance to restaurants, cafés, cinemas, high-end shopping, parks and gardens. The property is also in the centre of Melbourne’s renowned theatre district and close to major office towers.

To experience Citadines on Bourke Melbourne’s award-winning brand of hospitality, visit www.citadines.com.auor call 1800 766 377 (Australia toll-free).

About The Ascott Limited

The Ascott Limited is a Singapore company that has grown to be the world's largest international serviced residence owner-operator. It has over 23,000 operating serviced residence units in key cities of Asia Pacific, Europe and the Gulf region, as well as over 10,000 units which are under development, making a total of more than 34,000 units in over 200 properties.

The company operates three brands – Ascott, Citadines and Somerset. Its portfolio spans 83 cities across 23 countries, 22 of which are new cities in Ascott’s portfolio where its serviced residences are being developed.

Ascott, a wholly-owned subsidiary of CapitaLand Limited, pioneered Asia Pacific’s first international-class serviced residence with the opening of The Ascott Singapore in 1984. In 2006, it established the world’s first Pan-Asian serviced residence real estate investment trust, Ascott Residence Trust. Today, the company boasts a 30-year industry track record and award-winning serviced residence brands that enjoy recognition worldwide.

Ascott’s achievements have been recognised internationally. Recent awards include World Travel Awards 2013 for ‘World’s Leading Serviced Apartment Brand’ and ‘Leading Serviced Apartment Brand’ in Asia and Europe, Business Traveller Asia-Pacific Awards 2013 for ‘Best Serviced Residence Brand’ and ‘Best Serviced Residence’, Business Traveller China Awards 2013 for ‘Best Serviced Residence Brand’, Business Traveller UK Awards 2013 for ‘Best Serviced Apartment Company’, TTG China Travel Awards 2013 for ‘Best Serviced Residence Operator in China’ and DestinAsian Readers’ Choice Awards 2014 for ‘Best Serviced Residence Brand’.

Visit www.the-ascott.comfor more information and connect with us on social media at www.the-ascott.com/connect.

About Ascott’s 30th Anniversary

2014 marks Ascott’s 30th Anniversary. To celebrate 30 years of hospitality excellence, Ascott has introduced a series of promotions to thank customers for their support. Customers can look forward to free stays and Ascott online members will enjoy at least 30% off Best Flexible Rates at participating properties in over 30 cities worldwide. Corporate clients who are members of Ascott’s rewards programme, The Link Club, can get 30% off redemption points where they will enjoy privileges such as dining, shopping and travel. For details on the promotions, terms and conditions, and reservations, visit www.the-ascott.com/30years.

About CapitaLand Limited

CapitaLand is one of Asia’s largest real estate companies. Headquartered and listed in Singapore, the company’s businesses in real estate and real estate fund management are focused on its core markets of Singapore and China.

The company’s diversified real estate portfolio primarily includes homes, offices, shopping malls, serviced residences and mixed-use developments. The company also has one of the largest real estate fund management businesses with assets located in Asia. CapitaLand leverages its significant asset base, real estate domain knowledge, product design and development capabilities, active capital management strategies and extensive market network to develop real estate products and services in its markets.

The listed entities of the CapitaLand Group include CapitaMalls Asia, Ascott Residence Trust, CapitaCommercial Trust, CapitaMall Trust, CapitaMalls Malaysia Trust and CapitaRetail China Trust.

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Issued by: The Ascott Limited         Website: www.the-ascott.com
168 Robinson Road, #30-01 Capital Tower, Singapore 068912

For more information, please contact:

Joan Tan, Assistant Vice President, Corporate Communications
Tel: (65) 6823 3280     Mobile: (65) 9743 9503     Email: joan.tanzm@capitaland.com

Jasmine Sim, Manager, Corporate Communications
Tel: (65) 6823 3249     Mobile: (65) 9686 2859     Email: jasmine.sim@capitaland.com

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