CapitaLand Wellness Fund managed by CapitaLand Investment Limited (SGX:9CI) and The Ascott Limited acquired lyf Bugis Singapore on January 9, 2024. Ascott and CapitaLand Wellness Fund will each hold a 50% stake in the property. The property will be upgraded and rebranded under Ascott?s award winning lyf brand. The property will remain operational throughout the renovation period and be unveiled as lyf Bugis Singapore in mid-2024.

CapitaLand Wellness Fund managed by CapitaLand Investment Limited (SGX:9CI) and The Ascott Limited completed the acquisition of lyf Bugis Singapore on January 9, 2024.