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[ Kuala Lumpur, MALAYSIA ] Qatar Holding LLC (Doha) and Jerantas Sdn Bhd (Malaysian) have reached an agreement to develop a Harrods Hotel in the Bukit Bintang shopping district in Kuala Lumpur (Malaysia). Both Qatar Holding and Jerantas will fund the project evenly. The site selected for the Harrods Hotel covers approximately 5.5...
Orchard Parade Holdings is proposing a transaction that would set up a hospitality property trust, involving 3,400 hotel room and serviced apartments in Singapore, and plans to develop aggressively throughout Asia. The deal would give Orchard Parade Holdings a hotel management company with three hotel brands, Village, Oasia and Quincy....
[ Abu Dhabi, UAE ] Aabar Investments PJS, a sovereign wealth fund of Abu Dhabi, and Industrial and Commercial Bank of China Ltd. (“ICBC”) have entered into an agreement that includes 2 billion USD in initial construction commitments. Aabar Investments has a diversified investment strategy including real estate. The company...
Hotels are an interesting product in our built environment, at once a commodity (everyone needs a place to stay when away from home) but subject perhaps to more attempts at differentiation than any other form of built product. Facility Ownership – The attempts at differentiation start with the wide variation...
StoneCreek Partners edits Global Players Brief, the premier international real estate news source, tracking the places, projects, and players creating the next global trends. StoneCreek Partners is a real estate investment and development advisor, active in support of client and owned projects in most world regions. For more information...
