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Asia Pacific Hospitality Newsletter - Week Ending 05 August 2022

Development Consortium Led by Alibaba and Perennial Holdings are to Redevelop the AXA Tower in Singapore, Yanlord Land Obtains Approval to Redevelop CBD Office Tower into a Mixed-Use Project, Ascott acquires Lyf-branded Co-living Property in Tokyo, Thailand Government Approved to Grant THB5 Billion Soft Loans to Hotel Operators.
Gordan Tang Chip Eng Seng Corp Holding Ltd Ph Wilmar International Redevelopment Authority Hotel Operators Qatar Investment Authority

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Asia Pacific Hospitality Newsletter - Week Ending 03 June 2022

Rydges North Sydney was Acquired by High Street Holdings for AUD75 Million, Ascott to Acquire First lyf-Branded Co-Living Property in Sydney, Australia, Japan to Increase Daily Arrival to 20,000 and Further Ease Border Restriction, Visa-free to Enter Jeju Island and Yangyang-gun County in South Korea from 1 June 2022.
Jeju Island Cheju Do South Korea Hong Kong Kangwon Do Republic Of

Ascott Acquires First lyf Coliving Property in Sydney Through Its Serviced Residence Global Fund

CapitaLand Investment Limited’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) is acquiring its first lyf-branded coliving property in Sydney, Australia. The acquisition of the freehold asset is made via the Ascott Serviced Residence Global Fund (ASRGF)1, Ascott’s private equity fund with Qatar Investment Authority. This is ASRGF’s third investment in 2022, following the acquisition of Somerset Hangzhou Bay Ningbo and Citadines Canal Amsterdam in March 2022. To date,...
Kuala Lumpur United States France General Bondi Beach New South Wales Ho Chi Minh City

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