SC Capital Partners Pte Ltd., Goldman Sachs Asset Management (Hong Kong) Limited and Abu Dhabi Investment Authority acquired 27-hotel portfolio in Japan from Daiwa House Industry Co., Ltd. for $900 million.
July 18, 2023
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SC Capital Partners Pte Ltd., Goldman Sachs Asset Management (Hong Kong) Limited and Abu Dhabi Investment Authority acquired 27-hotel portfolio in Japan from Daiwa House Industry Co., Ltd. (TSE:1925) for $900 million on July 19, 2023.
SC Capital Partners Pte Ltd., Goldman Sachs Asset Management (Hong Kong) Limited and Abu Dhabi Investment Authority completed the acquisition of 27-hotel portfolio in Japan from Daiwa House Industry Co., Ltd. (TSE:1925) on July 19, 2023.
Daiwa House Industry Company is a building and civil engineering works group organized around 5 areas of activity:
- construction and sale of business real estate assets (42.4% of net sales): offices, industrial sites, distribution centers, etc.;
- rental housing (25.4%);
- construction and sale of residential real estate assets (20.2%);
- renovation services (3.4%);
- other (8.6%): primarily production of building materials and logistic services.
SC Capital Partners Pte Ltd., Goldman Sachs Asset Management (Hong Kong) Limited and Abu Dhabi Investment Authority acquired 27-hotel portfolio in Japan from Daiwa House Industry Co., Ltd. for $900 million.
DAIWA HOUSE INDUSTRY CO., LTD. 
