Friday, August 29, 2008

Swissotel Merchant Court Offered For Sale

Source : The Business Times, August 28, 2008

Swissotel Merchant Court in Singapore is being offered for sale by international tender through Jones Lang LaSalle Hotels.

The 476-room hotel also has three food & beverage outlets, conference facilities and an Amrita Spa and fitness centre.

'The incoming purchaser will also have the opportunity to further enhance the asset through the redevelopment of the prime riverfront space overlooking Clarke Quay,' said Jones Lang LaSalle Hotels senior vice-president Tom Oakden.

'The Hotel's ground floor space offers the ideal location for a new state-of-the-art indoor/outdoor food & beverage facility, tying in well with plans to revitalise the riverfront precinct and new signature events such as The Singapore River Festival,' he added.

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