Swissotel Merchant Court put up for sale by international tender

The Swissotel Merchant Court Hotel in Singapore is being offered for sale by international tender.

The sale is managed by Jones Lang LaSalle Hotels.

The 476-room hotel is located on the banks of the Singapore River and is within walking distance to the city’s business and financial districts.

Jones Lang LaSalle Hotels expects investor interest in the property to be strong from regions such as Europe and the Middle East, as well as from markets in Asia.

Source : Channel NewsAsia – 28 Aug 2008