Crowne Plaza Changi Airport - SOLD

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Sold for 250,000,000 SGD Date of Sale: April 2011
Rooms: 320
Price Per Room: 781,250 SGD
Property Id : 29247

Jones Lang LaSalle Property Consultants Pte Ltd (“Jones Lang LaSalle Hotels”) has been retained by Runway 38 Limited (the “Owner” or “Vendor”) on a sole and exclusive basis to offer for sale either a 50% or 100% interest in LC Airport Hotel Pte Ltd (“Interest”), the holding company of Crowne Plaza Changi Airport Hotel, Singapore (the “Property”, “Hotel” or “CPCA”).

Occupying a prominent site adjacent to Singapore’s Changi International Airport (“Changi Airport”) and connected by a direct link bridge to Changi Airport’s Terminal 3, the award winning 320-key Crowne Plaza Changi Airport Hotel has never before been offered to the market.

Detailed information on the Property and the Interest, including financial, legal and building information is available for review upon the execution of a confidentiality agreement.

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