05 Jul 2023

S$525 million acquisition of the PARKROYAL on Kitchener Road

Partners Loh Chun Kiat, Norman Ho and Benjamin Tay from Rajah & Tann Singapore advised on the S$525 million acquisition of the PARKROYAL on Kitchener Road by Worldwide Hotels Group by way of share sale. This deal marks the largest ever single hotel asset transaction in Singapore, as well as the second largest in Asia Pacific in 2023.