The national joint venture between Malaysia and Singapore, M+S Pte Ltd, on Tuesday announced it will sell the luxury hotel component of the signature Duo mixed-use project for S$475 million to Hoi Hup Realty. M+S said it agreed to the sale of all shares of its wholly-owned subsidiary, Ophir-Rochor Hotel (ORH), the developer and owner of Andaz Singapore, to the Singapore property developer. The...
Property developer M+S has roped in hotel operator Hyatt to operate a hotel in its upcoming DUO development. A management agreement was signed on Tuesday (Jan 27), under which Hyatt will launch its Andaz brand in Singapore. M+S is a joint venture between Singapore's Temasek Holdings and Malaysia's Khazanah Nasional. Expected to open in 2017, Andaz Singapore will be a boutique lifestyle concept...
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