Deals in focus
The Standard Maldives
Thailand Serviced Apartments Portfolio
Travelodge Harbourfront
Location:
Harbourfront, Singapore
Location:
Raa Atoll, Maldives
Location:
Bangkok, Thailand
Keys:
328
Keys:
115
Keys:
1,809
Ticket Size:
SGD 320 M / AUD 365 M
Ticket Size:
≈ USD 60 M / AUD 91 M
Ticket Size:
Confidential
Price Per Key:
SGD 975 K / AUD 1.1 M
Price Per Key:
≈ USD 521 K / AUD 791 K
Price Per Key:
Confidential
Indicative Yield:
3.2% (Y1), 4% stabilized
Indicative Yield:
11% stabilized
Indicative Yield:
11.3% stabilized (Y4)
Vacant Possession or new management contract by Travelodge Hotels (Asia)
Management:
Management:
Encumbered with Management
Management:
Encumbered with Management
Buyer Depth • 28 NDAs signed:
Buyer Depth • 7 NDAs signed:
Buyer Depth • 19 NDAs signed:
• 30% Developers • 28% HNWIs • 26% Private equity • 13% Owner-operators • 2% REITs • 2% Sovereign wealth fund
• 43% Private equity • 14% REITs • 14% Institutional • 14% Corporates • 14% Developers
• 48% Private equity • 26% Corporates • 26% HNWIs
• Investor composition consists entirely of international investors, with ~79% of the investors are from Asia (excluding domestic) and the remaining 21% are global investors • 1 EOI received
• Investor composition is divided between 29% domestic and 71% international investors, with ~90% of the investors are from Asia (including domestic), while the remaining 10% are global investors • 3 EOIs received
• Investor composition is divided between 71% domestic and 29% international investors, with ~96% of the investors are from Asia (including domestic), while the remaining 4% are global investors • 7 EOIs received
28 | © 2024 Jones Lang LaSalle IP, Inc. All rights reserved.
Made with FlippingBook Digital Proposal Creator