Salter Brothers partners with Tokyo Century as investment manager for the Hotel Indigo Changi Airport development

Whats Happening:

Salter Brothers has announced a partnership with Tokyo Century to serve as the investment manager for the joint venture development of Hotel Indigo Changi Airport with OUE Limited in Singapore. This strategic move aligns with Salter Brothers' focus on premium hospitality investments in key gateway cities and marks Tokyo Century's first real estate investment in Singapore.

Key Moves:

• Salter Brothers partners with Tokyo Century as investment manager for Hotel Indigo Changi Airport

• Tokyo Century makes its first real estate investment in Singapore

• Joint venture development with OUE Limited for an upscale lifestyle hotel at Changi Airport

By The Numbers:

• Hotel Indigo Changi Airport scheduled for completion in 2028

• Salter Brothers has acquired 42 hotels since December 2015

• Salter Brothers group assets under management exceed A$4 billion

Key Quotes:

• "We are delighted to partner with Tokyo Century in executing their first real estate investment in Singapore," said Paul Salter, Managing Director of Salter Brothers.

• "We are confident that Hotel Indigo Changi Airport will provide exceptional value to both travellers and investors alike," stated Rahul Ghai, Managing Director and Head of Asia at Salter Brothers.

• "This development reflects our continued commitment to expanding our hospitality footprint in dynamic and high-growth markets," said Yoichiro Nakai, Deputy President and Executive Officer at Tokyo Century.

Bottom Line:

The partnership between Salter Brothers and Tokyo Century for the Hotel Indigo Changi Airport development signifies a strategic move in the premium hospitality sector. This collaboration not only expands Salter Brothers' portfolio in key gateway cities but also marks Tokyo Century's entry into Singapore's real estate market, potentially setting the stage for future growth and investment opportunities in the region.

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