Oakwood Asia-Pacific bags first management contract in S'pore
It is now looking to extend the new Oakwood Studios product-tier to other cities like London, New York and Tokyo
Singapore
OAKWOOD Asia Pacific has secured a management contract from Newfort Realty Pte Ltd to manage its freehold property off Orchard Road as a serviced residence - marking its first property in Singapore, since its regional management office opened in Singapore 20 years ago.
The management contract covers a period of 10 years, which is renewable for another 10 years.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Luxury private home rents jump in Q1 amid wider market slump: Huttons Asia
Evictions surge in Arizona with housing shortage and rising prices
China property shares firm after Politburo highlights clearing inventory
Dubai billionaire’s children plan to revive troubled world islands
UK commercial real estate lending plunges to lowest in a decade
Hybrid, flexible working set to curb Singapore office usage and rents