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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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How Urban Flight and Lifestyle Seekers Have Changed Phuket Real Estate

Category: Real estate, Posted:25 Sep 2022 | 10:44 am Urban flight and a continuous stream of incoming lifestyle residents to Phuket are dramatically shifting Southeast Asia’s leading resort real estate market landscape. The new island property mantra is dominated by surging demand for single-family homes and larger condominiums. Phuket has witnessed a sharp change from 2019 when over 9 million tourists sought a place […]
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Destination Group Transacts Khao Lak Hotel

Category: Hotels, Posted:21 Sep 2022 | 16:21 pm The Destination Group has acquired a partially completed beachfront 400-key hotel in Khao Lak, Phang Nga. What was named the Mora Resort which is under construction will see Destination fully complete and brand the property. An opening in late 2023 is planned for the hotel which is located near the JW Marriott. Access to Khao […]
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Soho House Bangkok Opening in December

Category: Hotels, Posted:21 Sep 2022 | 13:09 pm Uber global social brand Soho House will debut in Bangkok this December 2022. Located in the former Eugenia hotel in Sukhumvit Soi 31, the property has been reinvented. With three floors of facilities, food, beverage, and cultural events are also set to be showcased. Soho  House Bangkok membership is set at THB135,000 per year, with […]
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