Resort Cozi Harbour View Offered for HKD1.87 Billion in Hong Kong
Hong Kong-based Tang Shing Bor’s household has offered the 598-key Resort Cozi Harbour View to Hong Kong-based Nanyang Business Financial institution, Restricted for HKD1.87 billion. This interprets to roughly HKD3.13 million per key. The 32-storey property, with a gross ground space of roughly 21,860 sq. metres, was initially bought for HKD2.25 billion in 2017. Positioned in Kwun Tong, the resort is only a five-minute stroll from the closest MTR station and a 40-minute drive from Hong Kong Worldwide Airport. This sale is the newest in a sequence of divestments by the Tang household, who’ve been offloading their property belongings since 2023.
Mantra Nelson Bay Offered to at Resort Group in New South Wales, Australia
Australia-based operator, Saltwater Motels & Resorts, has offered the 110-key Mantra Nelson Bay to Australia-based resort administration firm at Resort Group for an undisclosed quantity. Located a 2.5-hour drive from Sydney, the resort options 75 two-bedroom flats, 26 three-bedroom flats, and 9 three-bedroom penthouses unfold throughout three buildings centred round a lagoon pool with a cascading waterfall. The property additionally features a spa, health centre, BBQ and recreation areas, in addition to convention and boardroom amenities. This property marks the primary resort acquisition exterior its North Queensland for at Resort Group.
Singapore Launches Intergenerational Co-Dwelling Areas at Former Henderson Main Faculty
The Singapore Authorities plans to launch intergenerational co-living serviced flats for each seniors and youthful crowd on the location of the previous Henderson Main Faculty. The redevelopment undertaking has been awarded to a three way partnership between Singapore-based lodging supplier TS Residence Non-public Restricted and Singapore-based co-living operator The Meeting Place. The 7,204-square-metre web site can be remodeled into an area that includes 107 totally outfitted condominium items, shared kitchen and lounges, sports activities amenities, multi-purpose corridor and leisure facilities, designed to help a community of hobby-focused areas and programmes. The location can have devoted neighborhood managers and full-time nurse aides.
Phuket’s East Coast Set for World-Class Marina Growth
Thailand-based Na-Ranong household is inviting traders to take part within the improvement of a world-class marina undertaking on the east coast of Phuket at Sapam Bay. The location contains adjoining land designated for residential, industrial and leisure amenities, providing a complete improvement alternative. With pre-approved Environmental Affect Evaluation and development permits, in addition to a marine working license, the location is able to enhance marine tourism in Phuket. This undertaking aligns with the Thai authorities’s strategic efforts to ascertain the nation as a number one regional marine tourism hub, with a powerful deal with marine and cruise liner port developments. Phuket, specifically, has skilled important development in nautical tourism over the previous decade, making it an excellent location for this enterprise.
HVS is the world’s main consulting and valuation companies group centered on the resort, restaurant, shared possession, gaming, and leisure industries. Established in 1980, the corporate performs greater than 4,500 assignments per 12 months for just about each main business participant. HVS principals are thought to be the main professionals of their respective areas of the globe. By means of a worldwide community of over 50 workplaces staffed by 300 skilled business professionals, HVS gives an unparalleled vary of complementary companies for the hospitality business. For additional info relating to our experience and specifics about our companies, please go to www.hvs.com.
