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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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Go Ahead. Get Your Ya-Ya’s Out

Category: Tourism, Posted:17 Jan 2021 | 06:00 am Close your eyes. Go ahead. Remember a time when you were young. The magic as a kid, taking blankets, sheets, or even boxes and creating a fantastical tent or unique crazed getaway in the house. Letting your imagination go wild and take you on a journey to incredible places. Or pitching a tent in the […]
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Is Thailand Ready For Legalized Gambling?

Category: Tourism, Posted:16 Jan 2021 | 13:38 pm Topping Thailand’s economic news are comments by the Prime Minister that he is willing to consider opening up gambling, according to the Bangkok Post. With the Thai economy struggling at funding an economic recovery process that has been under extreme duress by Covid-19, the question now will the pandemic be an accelerator of a long-lasting […]
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Phuket’s World Class Creative Mad Metal Men

Category: Tourism, Posted:15 Jan 2021 | 09:15 am The Underwood Art Factory with its crazy, cool, innovative metal sculptures and fabrication is one of the island’s best global exports to some of the leading design hotels around the globe. Founder John Underwood’s long-term work with renowned design guru Bill Bensley has seen his work showcased in countless iconic locations and properties. The Underwood […]