CAPITALAND'S serviced residence unit, The Ascott, is introducing the Citadines brand to the Gulf region.
Starting in Jeddah, the 166-unit Citadines Tahlia Jeddah and the 136-unit Citadines Al Salamah Jeddah are expected to open within the first quarter of next year.
The management contracts are awarded by the Abdul Samad Al Qurashi Group, one of the leading conglomerates in Saudi Arabia with operations throughout the Gulf region and in Europe.
The addition of the two new serviced residences will raise Ascott's portfolio in the Gulf region to more than 1,500 serviced apartment units across nine properties in Bahrain, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
Ascott chief executive officer Lee Chee Koon said the Citadines brand is "extremely popular in Europe and Asia and many in the Gulf region who travel frequently to Europe are very familiar with Citadines".
Citadines Tahlia Jeddah is situated in the heart of the city, along the popular Tahlia Street.
The property is also next to Le Mall, one of Jeddah's most prominent shopping centres with more than 200 stores.
Citadines Al Salamah Jeddah is located at the north of Jeddah and is within 15 minutes of the King Abdulaziz International Airport.
The property is close to many dining and shopping options, financial institutions, hospitals and schools such as the International American School of Jeddah.
The Iceland theme park and Stationary Fantasies Water Park nearby will also provide great fun for the little ones, said Ascott.