Capri, Citadines properties in advanced sale talks as hospitality returns to investors’ radar

With the return of travel, hospitality seems to be flavour of the month in the Singapore investment property sales scene.

The Business Times understands that Capri by Fraser, Changi City and Citadines Mount Sophia are among the assets for which potential buyers are undertaking exclusive due diligence.

An expression of interest is also said to have closed in the fourth quarter of 2023 for the 299-apartment Citadines Raffles Place, though a buyer has yet to be identified.