News

Ovolo acquires Somerset property in Melbourne

31 Jan 2012

Hong Kong-based serviced apartment and hotel group, Ovolo, plans to open its first international property this year, in Melbourne, Australia. 

The group acquired the property – the former Somerset Gordon Heights - from The Ascott Residence Trust and will refurbish and rebrand it into Ovolo serviced apartments. Located on Little Bourke Street in the city's central business district, the property consists of 43 unites, including studios and one- and two-bedroom apartments, which can be rented out on either a daily or monthly basis. 

The reopening date of the rebranded property has not yet been confirmed but the group is aiming for mid-2012.

In Hong Kong, Ovolo has a total of six properties, with the newest one in West Kowloon, which opened in April last year (see story here).

For more information, visit www.ovologroup.com

Alisha Haridasani

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