Wednesday, October 31, 2012

LVND Development buys Hotel Windsor

The acquisition is worth S$163 million.

LVND Development Pte Ltd has exercised an option to purchase Hotel Windsor located at 401 MacPherson Road Singapore 368125.

Hotel Windsor has 225 hotel rooms with an accompanying commercial retail podium block. It was completed in 1980s and upgraded in 2007.

The property sits on a freehold site with an estimated land area of 54,418 sq ft. LVND Development together with joint venture partners and consultants are evaluating possible development options.

Martin Koh | 86666 944 | R020968Z
Sherry Tang | 9844 4400 | R020241C
Senior Sales Director
DTZ Debenham Tie Leung (SEA) Pte Ltd (L3006301G)

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