Salter Brothers has partnered with Tokyo Century as its investment manager for the joint venture development of the Hotel Indigo Changi Airport with OUE Limited.
Tokyo Century’s investment will contribute to the development of the upscale lifestyle airport hotel with a focus on “cutting-edge design, immersive guest experiences, and sustainable hospitality practices”.
“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.
“This partnership aligns with our strategic plans to invest in high quality hospitality assets that are distinctly positioned and offer strong growth potential. Singapore continues to be a key market for us.”
Scheduled for completion in 2028, Hotel Indigo Changi Airport aims to meet the changing demands of travellers seeking boutique luxury and authentic local experiences.
“We are confident that Hotel Indigo Changi Airport will provide exceptional value to both travellers and investors alike,” said Salter Brothers Managing Director and Head of Asia, Rahul Ghai.
Tokyo Century, Deputy President and Executive Officer, Yoichiro Nakai, said the group is pleased to partner with Salter Brothers in this strategic joint venture with OUE Limited.
“This development reflects our continued commitment to expanding our hospitality footprint in dynamic and high-growth markets,” Nakai said.
“We look forward to working closely with our esteemed partners to create a landmark property that embodies excellence and innovation.”