Philippines – Last June 20, 2024 Somerset, a renowned brand of serviced residences catering to small groups and families along with being the brand lead for sustainability expands its presence with the opening of its newest property, Somerset Valero Makati, located in the heart of Salcedo Village of the Makati CBD. Its completion will usher in an exciting addition to Ascott’s esteemed portfolio in the city, which includes Ascott Makati, Somerset Millennium Makati, Somerset Central Salcedo Makati, Citadines Salcedo Makati, Citadines Benavidez Makati and Oakwood Makati Avenue.

Nestled in the prestigious Salcedo Village within country’s premiere Central Business District, Somerset Valero Makati enjoys a prime location surrounded by office buildings and a vibrant retail scene. This new serviced residence is designed to give guests a home away from home, offering an unparalleled family-friendly atmosphere and a level of comfort and relaxation.

With a total of 176 meticulously designed and spacious units, Somerset Valero Makati offers a range of studio, one-bedroom, two-bedroom, and three-bedroom apartments. Each apartment is thoughtfully furnished and equipped with modern amenities, ensuring guests have everything they need for a comfortable stay. Whether it’s a short visit or an extended stay, Somerset Valero Makati is the perfect choice for individuals, families, and business travelers seeking a peaceful and harmonious environment.

Somerset Valero Lobby

Guests at Somerset Valero Makati will have access to various facilities designed to enhance their well-being and leisure. The well-equipped gymnasium and swimming pool offer a refreshing escape from the urban hustle and bustle. The residents’ lounge also gives a welcoming and comfortable space for guests to relax, socialize, or catch up on work.

Somerset Valero Cubbies Playroom

For children and younger guests, the property also has a Cubbies Playroom for all-day fun and enjoyment. From interactive games to learning-focused activities, children can immerse themselves in a world of creativity and play while parents enjoy peace of mind knowing their kids are entertained and well engaged.

Somerset Valero Studio Twin

“We are delighted to introduce Somerset Valero Makati as the newest addition to our portfolio of serviced residences in the Philippines,” said Cecille Teodoro, the Ascott Limited’s Cluster General Manager. “With its strategic location in Makati’s vibrant business district and its focus on providing a tranquil and family-friendly environment, Somerset Valero Makati is not only positioned as the prime destination for business travelers, but also as an ideal haven for bleisure travelers seeking to seamlessly blend work commitments with leisure experiences. Its addition to Ascott’s esteemed portfolio in the area further expands the diverse options available to clientele seeking exceptional serviced residences. With the inclusion of different Ascott, Citadines, Oakwood and Somerset properties in the vicinity, guests can choose from a range of renowned brands, each offering a unique experience tailored to their preferences.”

The associates, who are called Guardians, not only exude warm and attentive characters, but also create a relaxed and welcoming environment for all guests. The Guardians embody Somerset Valero’s carefree and harmonious energy as they accommodate guests. With their genuine hospitality and friendly demeanor, they go above and beyond to ensure that every stay at Somerset Valero Makati is as comfortable and enjoyable as possible.

Somerset Valero, Makati, is set to open its doors in the 3rd quarter of 2024. Guests can reserve and advance and look out for updates by visiting the property’s official website and the following social media pages, Facebook and Instagram.

About The Ascott Limited

Since pioneering Asia Pacific’s first international-class serviced residence with the opening of The Ascott Singapore in 1984, Ascott has grown to be a trusted hospitality company with more than 930 properties globally. Headquartered in Singapore, Ascott’s presence extends across more than 220 cities in over 40 countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa, and the USA.

Ascott’s diversified accommodation offerings span serviced residences, coliving properties, hotels and independent senior living apartments, as well as student accommodation and rental housing. Its award-winning hospitality brands include Ascott, Citadines, lyf, Oakwood, Quest, Somerset, The Crest Collection, The Unlimited Collection, Preference, Fox, Harris, POP!, Vertu and Yello; and it has a brand partnership with Domitys. Through Ascott Star Rewards (ASR), Ascott’s loyalty programme, members enjoy exclusive privileges and offers at participating properties.

A wholly owned business unit of CapitaLand Investment Limited, Ascott is a leading vertically-integrated lodging operator. Harnessing its extensive network of third-party owners and in-market expertise, Ascott grows fee-related earnings through its hospitality management and investment management capabilities. Ascott also expands its funds under management by growing its sponsored CapitaLand Ascott Trust and private funds.

For more information on Ascott’s industry record of close to 40 years and its sustainability programme, please visit www.discoverasr.com/the-ascott-limited. Connect with us on Facebook, Instagram, TikTok, Twitter and LinkedIn.

About CapitaLand Investment Limited (www.capitalandinvest.com)

Headquartered and listed in Singapore, CapitaLand Investment Limited (CLI) is a leading global real estate investment manager (REIM) with a strong Asia foothold. As at 30 June 2023, CLI had S$134 billion of real estate assets under management, and S$89 billion of real estate funds under management (FUM) held via six listed real estate investment trusts and business trusts, and more than 30 private vehicles across Asia Pacific, Europe and USA. Its diversified real estate asset classes cover retail, office, lodging, business parks, industrial, logistics and data centres.

CLI aims to scale its FUM and fee-related earnings through fund management, lodging management and its full stack of operating capabilities, and maintain effective capital management. As the investment management arm of CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand’s development arm.

As a responsible company, CLI places sustainability at the core of what it does and has committed to achieve Net Zero emissions for scope 1 and 2 by 2050. CLI contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.