The Ascott, the wholly-owned lodging business unit of property giant CapitaLand and a member of The TAS Alliance, has strengthened its toehold in Japan by opening its first Citadines serviced residence in Osaka.
Located near Namba Station, Citadines Namba Osaka is set within the city’s popular entertainment and shopping district, and is surrounded by commercial buildings. The property offers 313 units with a selection of different apartment types for guests with different lengths of stay. While the studio apartment is designed for short-stay travellers, the studio executive apartment – which has a kitchen – is more suitable for guests on extended stay.
Conversely, the one- and two-bedroom apartments have separate living rooms and are ideal for long-stay guests and those who are travelling with their families, says Ascott. Common facilities include restaurants and meeting rooms as well as a gymnasium, a launderette, a children’s playroom and a residents’ lounge which comes with a kitchen. The property which now houses Citadines Namba Osaka has its roots as a departmental store. It is therefore fitting that Ascott is operating the property through a master lease agreement with Toshin Development Company, a subsidiary of Takashimaya Group, the established departmental store brand in Asia.