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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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Registration Open For Asia’s Sustainable Hospitality Learning Event PHIST 2024

Category: Hotels|Tourism, Posted:04 Jul 2024 | 15:41 pm PHIST (Phuket Hotels for Islands Sustaining Tourism), Southeast Asia’s biggest sustainability event for the travel and hospitality sectors, will return to spark conversation and drive the green agenda this September, with an impressive line-up of key figures and industry innovators led by Peng Sum Choe, CEO of Pan Pacific Hotels Group. Led by the Phuket […]
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Direct Bali Phuket Flights Return in Phuket

Category: Hotels|Tourism, Posted:14 Jun 2024 | 08:15 am The once popular Phuket Bali flight route will see AirAsia restart direct flights from 10th August 2024. AirAsia Indonesia will be the carrier and flight frequency will be three times a week. Bali hosted nearly 600,000 international visitors in May with Australia ranking 22.5% share, followed by India with 11.3% and China on the rise […]
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Registration Open for Mind the Gap – Women & Diversity in Hospitality – A Learning Event

Category: Hotels|Tourism, Posted:13 Jun 2024 | 09:55 am Diversity, inclusiveness, and equality are core issues for the hospitality industry. C9 Hotelworks and the Phuket Hotels Association have organized a learning event titled ‘Mind the Gap, Women & Diversity in Hospitality on Saturday 31st August at the SAii Laguna Phuket. Join us in this unique, candid, and insightful half-day session that takes a closer […]
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