NEWS
SC Capital Partners Secures Prime Asset in Parramatta
SC Capital Partners, on behalf of its SCORE+ Fund has exchanged binding contracts to purchase Two Wentworth Street, Parramatta for A$105.3 million. Located within Parramatta’s central business district, the property comprises an A Grade office tower in proximity to Parramatta Square, Parramatta Transport Interchange and Westfield Parramatta shopping centre. The tower is fully leased and houses predominantly government tenants, with an NLA of over 10,000sqm.
SC Capital Partners and Fortius buy Central Park Retail, Sydney
SC Capital Partners, on behalf of its RECAP Fund series, and Fortius Funds Management (“Fortius”) have jointly acquired the three final retail assets in the mixed- used community development of the award winning A$2 billion Central Park in Sydney CBD for A$174.5 million from Frasers Property Australia and Sekisui House.
SC Capital’s pre-sell plan
Singapore-based SC Capital will pre-sell its planned $700m mixed-use hotel and office tower in the heart of Sydney in what is being pitched as the marque offer of this half.
SC Capital Partners – $750 million Sydney hotel moves to next stage
SINGAPOREAN SC Capital Partners’ dream of developing a $750 million 55-storey luxury hotel in Sydney is a step closer to reality. Planning Minister Rob Stokes said the project has now progressed to State Significant Development state and it will update the City of Sydney’s Local Environment Plan.
SC Capital Partners secures landmark planning approval
After months of delays, state planning minister Rob Stokes has finally pushed a new $750 million 55-storey hotel a step closer to reality. The government will today update the City of Sydney’s Local Environment Plan to allow a 440-room luxury hotel at 4-6 Bligh Street to enter the detailed planning phase.
SC Capital’s core fund bets on education, tech across Asia Pacific
Singapore-based SC Capital Partners’ SCORE+ fund is doubling down on real estate linked to education, urbanisation and technology across Asia Pacific, as it prepares to reopen for subscriptions later this year.
SC Capital Partners hires Felix Chan for RECAP Fund Series
SC Capital Partners Group (“SC Capital Partners”) has appointed Mr Felix Chan as a Managing Director for its RECAP Fund series. Based in Singapore, Mr. Chan will focus on RECAP acquisitions across the Asia-Pacific region.
Grasping the opportunities brought about by Japan’s touristic boom
With more than 40 million travellers expected to visit the country in 2020, Japan’s tourism sector is living an incredible surge. On the back of such extraordinary numbers, Japan Hotel REIT Advisors Co., Ltd., the largest hotel specialized J-REIT, is offering a path for foreign entities to invest in this booming real estate segment.
SC Capital Partners announces US$850 Million for RECAP V Fund
SC Capital Partners Group (“SC Capital Partners”), a Singapore-based institutional real-estate investment management firm, today announced the final closing of its fifth discretionary real estate private equity fund, Real Estate Capital Asia Partners V L.P. (“RECAP V”).
SC Capital Partners hires Emi Wakizaki for SCORE Fund
SC Capital Partners Pte. Ltd (“SC Capital Partners”) has appointed Ms. Emi Wakizaki as Executive Director for its SC Core Fund (“SCORE”). Based in Hong Kong, she will be responsible for investments in Japan, South Korea and Hong Kong.