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WEAVE LIVING CEO Sachin Doshi tb

Weave Living in Talks to Add Two More Hong Kong Hotels Totalling 797 Rooms

2022/10/13 by Pawara Laothamatas Leave a Comment

Weave Living is looking to expand its Hong Kong portfolio with a pair of Kowloon hotels to add to the four it has already bought so far in 2022.

The rental apartment start-up’s potential acquisitions of the Hotel Cozi Harbour… Read More>>

Chio Kiat Ow Stamford Land

Singapore’s Stamford Land Selling Auckland Hotel to Alvarium Consortium for Record $94M

2022/10/11 by Beatrice Laforga Leave a Comment

Stamford Land is making New Zealand’s biggest ever divestment of a single hospitality asset by selling its sole five-star hotel in Auckland to a consortium led by local hotel owner and operator CP Group for NZ$170 million ($94.28 million),

In… Read More>>

Mr Kelvin Lim, Executive Chairman and Group Managing Director of LHN Limited

Singapore’s LHN Buys Two Hotels in One Week to Expand Co-Living Portfolio 

2022/09/26 by Beatrice Laforga Leave a Comment

LHN Group has made back-to-back acquisitions worth a total of S$36.4 million ($25.4 million) in Singapore within a week as the real estate firm takes on more hotel conversion projects to grow its co-living portfolio.

The SGX-listed asset manager entered… Read More>>

Eu Chin Fen FHT Frasers

Frasers Hospitality Trust Privatisation Fails as Vote Falls Just Short

2022/09/13 by Christopher Caillavet Leave a Comment

Frasers Property’s take-private scheme for Singapore-listed Frasers Hospitality Trust came up short by the barest of margins at a Monday vote, as unitholders representing 74.88 percent of the trust’s stapled securities approved the proposal, narrowly missing the 75 percent threshold… Read More>>

Wanda Group, Sunac And R&F Properties Group Hold Signing Ceremony In Beijing

R&F Selling Wanda Realm Beijing Hotel at a Loss

2022/09/11 by Iris Hong Leave a Comment

Guangzhou R&F Properties has renewed its efforts to sell off assets and pay down its liabilities as the mainland developer last week agreed to sell its Wanda Realm Beijing hotel to a unit of Beijing Pengrui Real Estate for RMB… Read More>>

Jeremy Aniere Pan Pacific

Pan Pacific Hotels Rejigs Operations Team, Promotes Jeremy Aniere to Singapore VP

2022/09/01 by Christopher Caillavet Leave a Comment

Pan Pacific Hotels Group has announced a reorganisation of its global operational leadership team, as the unit of Singapore-listed property conglomerate UOL Group looks to expand its hospitality portfolio spanning Asia Pacific, Europe and North America.

The group’s new appointments… Read More>>

nexus shantiniketan in bangalore

Blackstone Said Aiming for $500M India Mall IPO and More Asia Real Estate Headlines

2022/08/29 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, private equity giant Blackstone reportedly seeks a $500 million IPO of its India mall portfolio, Hong Kong home prices fall as interest rates creep higher, and two high-rise towers near New Delhi are… Read More>>

Chio Kiat Ow Stamford Land

Singapore’s Stamford Land Sells Sydney Hotel to Vietnam-Linked Group for $146M

2022/08/28 by Beatrice Laforga Leave a Comment

Singapore-listed Stamford Land is selling an Australian five-star hotel to a Vietnamese-backed developer and fund manager for A$210.5 million ($146.37 million) with the new owner set to redevelop the property in Sydney’s central business district into luxury apartments.

Noting that… Read More>>

Tim Blackburn Swire

Swire Developing Shenzhen Hotel in Expansion of House Collective Brand

2022/08/10 by Christopher Caillavet Leave a Comment

Swire Properties has revealed plans to open an ultra-luxury hotel in Shenzhen under The House Collective brand, marking the blue-chip developer’s second announcement of a new hotel in less than a month.

As the first entry in Shenzhen for the… Read More>>

Mandarin Oriental Selling DC Hotel to UK’s Henderson Park For $139M

2022/07/19 by Beatrice Laforga Leave a Comment

Hong Kong-based Mandarin Oriental International is selling its five-star luxury hotel in Washington DC to UK asset manager Henderson Park for $139 million as the Jardine Matheson-controlled firm continues to offload US assets on weak corporate bookings.

Mandarin Oriental told… Read More>>

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