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Choo Chong Ngen

Singapore Hotel Group Acquires Oakwood Serviced Apartments in Bangkok for $30M

2022/12/01 by Pawara Laothamatas Leave a Comment

Worldwide Hotels Group has acquired a newly completed serviced apartment complex along Bangkok’s Sukhumvit Road for THB 1.1 billion ($30.6 million), adding to a string of Thai hospitality acquisitions by the Singaporean budget hotel investor and operator.

Worldwide Hotels, which… Read More>>

Ascott chief executive officer Kevin Goh

CapitaLand’s Ascott Buying Oakwood Serviced Apartment Business From Mapletree

2022/07/04 by Beatrice Laforga Leave a Comment

Singapore’s The Ascott Ltd is buying serviced residence provider Oakwood Worldwide from Mapletree Investments for an undisclosed amount in a move that would boost its management portfolio by 11 percent with the addition of 81 accommodations globally, the firm announced… Read More>>

David Chiu FEC

OUE Sells Oakwood Apartments in SG to Far East Consortium-AMTD JV for S$289M

2019/09/19 by Jan Kot Leave a Comment

OUE has agreed to sell the hotel and serviced residence component of its OUE Downtown project, along with the associated business operations, to a pair of joint ventures between Far East Consortium and Hong Kong investment bank AMTD Group for… Read More>>

Oakwood Arlington

Mapletree Buys DC-Area Serviced Apartments for $70M and More Asia Real Estate Headlines

2019/01/19 by Michael Cole Leave a Comment

Singapore keeps churning out the headlines today as China and Hong Kong slow down as the city-state’s Mapletree Investments makes another US purchase and a major real estate agency names a new MD in the Southeast Asian financial hub. Meanwhile… Read More>>

Mapletree Oakwood

Mapletree Acquires Oakwood Serviced Apartment Chain

2017/02/19 by Michael Cole Leave a Comment

Singapore’s Mapletree Investments has purchased Los Angeles-based serviced apartment provider Oakwood Worldwide for an undisclosed sum.

The sylvan-themed deal gives the Temasek Holdings-backed firm control over a network of corporate housing and serviced apartments with properties in more than 95… Read More>>

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