Jones Lang LaSalle Property Consultants Pte Ltd (“Jones Lang LaSalle’s Hotels & Hospitality Group”) has been retained by Park Hotel Group (the “Owner”) on an exclusive basis to offer for sale Park Hotel Clarke Quay, situated at 1 Unity Street, Singapore (the “Property” or “Hotel”).
Occupying a prominent site along the banks of the Singapore River in Clarke Quay, one of Singapore’s most prized and sought-after locations, the Property is situated within walking distance to the Central Business District, Orchard Road and Marina Bay. Opened in 2008, the Hotel features 336 well-appointed guestrooms and suites, a choice of two sumptuous food and beverage outlets, dedicated meeting and banqueting space, as well as attractive public areas and a range of recreational facilities.
Currently operated by Park Hotel Group, the Hotel is being offered with the benefit of vacant possession of brand and management, presenting an investor or an owner-operator the rare opportunity of taking full operational control of a prime hotel in one of the world’s most sought-after hospitality markets.
Detailed information on the Property, including financial, legal and building information, is available for review upon the execution of a confidentiality agreement.