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Asia’s SC Capital Raising USD1 Billion Investment Kitty

Category: Real estate, Posted:27 Sep 2016 | 09:07 am

Hello Kitty. Singapore’s SC Capital Partners have made public plans to raise USD1 billion based in surging demand by fund investors.

According to news on Bloomberg, SC’s Chairman and Founder Thai-national Suchad Chiaranussati “office buildings, hotels and other properties in the region” are likely targets.

Here in Phuket, SC Capital has been a substantial hospitality investor through affiliates in the acquisition and sale of the Laguna Beach Resort, and then buying the Manathai Surin and the upgraded luxury Nai Harn resort.

SC is planning to sell the leasing rights to Bangkok’s Mercury Tower which has undergone an extreme makeover  and will be trade into a REIT (Real Estate Investment Trust).

Other News

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From Spas to Longevity: Phuket Evolves into a Global Wellness Tourism Leader

Category: Hotels|Real estate|Tourism, Posted:29 Nov 2024 | 08:10 am Wellness tourism is in great shape. One of the fastest growing areas of the tourism industry, the sector has grown from a niche market for committed health seekers to become a THB 219 trillion (USD 6.3 trillion) global powerhouse. At the heart of this revolution is Asia Pacific, which accounts for 30% of the worldwide […]
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C9 Session Today On Phuket’s Wellness Sector for Hotels, Tourism and Real estate

Category: Hotels|Real estate|Tourism, Posted:27 Nov 2024 | 07:30 am There is still time to register for today’s C9 Session (Wednesday 27th November 2027, which will be held at the Amora Phuket Resort Bangtao. How is Longevity and a health-focused lifestyle changing the face of the wellness industry? Join us for a unique 90-minute learning session featuring experts from international medical wellness, tourism, resort and real […]
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New Onyx and Equatorial JV Hotel for Kata Phuket

Category: Hotels|Real estate|Tourism, Posted:19 Nov 2024 | 09:27 am A new 180-room branded property, the EQ Phuket has been announced for Kata Beach. The property, which is located next to Club Med, was developed by a joint venture between Thailand’s Onyx Hospitality and Malaysia’s Equatorial Group. Investment into the project is THB2.5 billion (approximately USD72 million). Equatorial Group, a legacy Asian hotel group, has […]
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