BPEA Real Estate
Baring Private Equity Asia (BPEA) Real Estate Closes Acquisition of the 587-room Sydney Hilton Hotel for $370 Million
BPEA Real Estate | August 4, 2022
4 August 2022, Sydney – Baring Private Equity Asia (“BPEA”), one of Asia’s largest private alternative investment firms, announced today that its affiliated real estate funds (“BPEA Real Estate”) have completed the acquisition of the Sydney Hilton hotel for A$530 million (US$370 million). The deal is the largest-ever single asset transaction in the Australian hospitality sector. The Sydney Hilton is a landmark 587-room, 5-star hotel in the heart of Sydney’s CBD, located at 488 George Street. The hotel boasts extensive events and conferencing facilities, as well as award-winning food and beverage offerings and luxury retail ou...
IHG Hotels & Resorts and BPEA Real Estate Launch Holiday Inn Express Brand in Japan With Opening in Osaka
IHG Hotels & Resorts | December 1, 2021
IHG Hotels & Resorts is bringing one of the world’s largest and most beloved brands, Holiday Inn Express, to Japan for the first time with the opening of Holiday Inn Express Osaka City Centre Midosuji in December this year. Following a landmark agreement with owner Baring Private Equity Asia, in what is their first ever hotel partnership globally, IHG is proud to add Japan to Holiday Inn Express’ growing list of global destinations, building on its globally-renowned status. IHG has worked towards bringing this iconic brand to Japan for several years, but has taken its time and has waited until it had the perfect asset, an AAA lo...