Sebel Melbourne Ringwood Resort Acquired by Serene Capital
Australia-based Amber Property Group have bought the 103-key Sebel Melbourne Ringwood Resort to Australia-based Serene Capital, marking it because the 13th asset in Serene Capital’s flagship resort fund, Serene Capital Resort Fund 1. The property is positioned at 96 Maroondah Freeway, Melbourne. It options each visitor rooms and suites, on-site restaurant & bar, convention and occasion areas, a health centre, and on-site automobile parking. Vacant possession of resort administration was additionally included as a part of the settlement.
CHI 120 Serviced House in Hong Kong Offered for HKD188 Million
Hong Kong’s CHI 120 Serviced House has been acquired for HKD 188 million. The property is positioned a 2-minute stroll from the Sai Ying Pun MTR Station and boasts a harbour entrance location. It options 19 whole-floor, 1,050-square-foot one-bedroom residences and a retail podium of 8,824 sq. toes. The property has the potential to be redeveloped right into a business constructing to maximise its gross ground space. 
Aqualand Lodges Request to Construct Combined-Use Tower in North Sydney
After not too long ago finishing the event of AURA by Aqualand, Australia-based Aqualand Australia (“Aqualand”) has lodged a request with native governing our bodies for permission to construct a 40-storey mixed-use growth on the website of an present business constructing in 132 Arthur Avenue, North Sydney. The deliberate growth will embody a 240-key resort spanning twelve tales; and round 225 built-to-rent residences spanning 25 tales above the resort. The event may even embody meals and beverage choices on the bottom ground, in addition to a resort foyer and convention house. The property will probably be located near the prevailing North Sydney Metro Station, and the upcoming Victoria Cross Metro Station slated to open in August 2024. 
Bangkok Airways is Growing Koh Samui Infrastructure to Appeal to extra Vacationers
Thailand-based airline Bangkok Airways PLC (“Bangkok Airways”) has introduced plans to develop its Koh Samui Airport over the following two to a few years with an funding of THB 1.5 billion. 4 boarding gates and ten extra check-in counters will probably be added to the airport. The purchasing space of the airport may even be enlarged. Moreover, Bangkok Airways has expressed curiosity in bidding for the development and possession of two new tasks on Koh Samui: a cruise terminal and a sea airport. Whereas a feasibility research is required earlier than dedication, Bangkok Airways has acknowledged that the tasks align with the airline’s pursuits in enlargement and attracting vacationers to the island.
About HVS
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 yr for nearly each main trade participant. HVS principals are considered the main professionals of their respective areas of the globe. By a worldwide community of over 50 workplaces staffed by 300 skilled trade professionals, HVS gives an unparalleled vary of complementary companies for the hospitality trade. For additional info concerning our experience and specifics about our companies, please go to www.hvs.com.
