HVS Asia Pacific Hotel Transactions Bulletin Week Ending 17 April 2026

In Rapid: HVS studies on key hotel sales and funding project across Asia Pacific for the week ending 17 April 2026

Hoshino Divests Sol Vita Hotel Naha for JPY4.65 Billion in Okinawa, Japan

Japan-based fully mostly Hoshino Hotels REIT Inc (“Hoshino”) has agreed to divest 200-key Sol Vita Hotel Naha within the Matsuyama district of Naha in Okinawa for JPY4.65 billion to Japan-based fully mostly Samty Co., Ltd. This translates to roughly JPY23.3 million per key. The hotel supplies services and products at the side of an on-residing restaurant, internet corner, a comfort store, and a self-carrier laundrette. Opened in 2007, the eight-storey asset is located roughly a 5-minute stroll from Miebashi Field on the Okinawa Urban Monorail (Yui Rail). The property is additionally within finish proximity to key tourist sights, at the side of Kokusai Avenue and Tomari Port whine. The property used to be closing appraised at JPY3.56 billion as at 31 October 2025, with the sale translating to an approximate 30.6% maintain over its most up-to-date valuation. 

Belmo Community Secures Administration Rights for Royal Albert Hotel in Brisbane, Australia

Australia-based fully mostly hotel and residential management community, Belmo Community, has obtained the management rights of the 73-key Royal Albert Hotel in Brisbane’s central industry district for an undisclosed mark. First and most well-known built in 1913, the heritage property is positioned as a boutique hotel offering a combination of earlier guestrooms and prolonged-stop items, alongside with an on-residing restaurant. The hotel is located within the coronary heart of Brisbane’s Central Enterprise District, roughly a 5-minute stroll from Brisbane Metropolis Hall. The acquisition strengthens Belmo Community’s presence in Queensland and aligns with its technique to amplify a portfolio of urban hotels in key Australian markets. The funding is additionally supported by Brisbane’s evolving tourism panorama, underpinned by most well-known traits such as the Queen’s Wharf Brisbane precinct and the metropolis’s role as host of the 2032 Olympic Games. 

ibis Funds Coffs Harbour Divested in Fresh South Wales, Australia

Australia-based fully mostly Iris Capital has divested 70-key ibis Funds Coffs Harbour, in Fresh South Wales, for an undisclosed sum. The property sits on a 3,205 square metres (“sqm”) residing at 1A Maclean Avenue, located just off the Pacific Freeway, and comprises a restaurant, swimming pool, laundrette, and on-residing parking. The asset used to be within the origin obtained in 2021 as half of a portfolio from Luxembourg-based fully mostly Essendi, is called AccorInvest previously for AUD2.52 million. The property is roughly a 10-minute force from Coffs Harbour Airport, and within finish proximity to key leisure and tourism sights, at the side of The Big Banana Stress-free Park and the Coffs Harbour Jetty. Following the acquisition, a construction approval used to be secured for a 9,800 sqm blended-use scheme, comprising 98 residential items alongside industrial parts. 

CLI Closes USD320 Million for 2nd APAC Real Property Credit ranking Fund ACP II

Singapore-based fully mostly CapitaLand Investment Tiny (“CLI”) has carried out the closing finish of its Asia Pacific Credit ranking Program II (“ACP II”), securing entire equity commitments of USD320 million (roughly SGD403 million). ACP II is CLI’s 2d Asia-Pacific precise property credit fund, bringing the total capital raised below its regional credit platform to roughly USD600 million. The fund specializes in senior secured, asset-backed precise property credit investments, with capital already deployed into 5 first mortgage loans backed by residing, logistics, and build of industrial belongings in Sydney, Australia, and Seoul, South Korea. The contrivance is positioned to address rising seek data from for different financing amid tightening bank lending instances and institutional trail for food for precise property-backed credit, which supplies downside protection thru collateral. ACP II’s investor nefarious comprises each fresh and present institutional companions, basically from APAC, with CLI contributing around 20% of sponsor capital. The fund supports CLI’s transition in direction of an asset-gentle, payment-based fully mostly fund management model and reflects the rising institutional hobby in precise property credit instead to earlier equity investments. 

Irama Debuts in Kuala Lumpur with Repositioning of Historical Gargantuan Seasons Hotel Kuala Lumpur

Malaysia-based fully mostly Irama Hotel & Hotels (“Irama”) is effect of residing to debut its flagship label with the repositioning of the former Gargantuan Seasons Hotel Kuala Lumpur into Irama Kuala Lumpur, a 766-key hotel located in Titiwangsa Sentral alongside Jalan Pahang in Kuala Lumpur. Derive of residing to originate in Q2 2026, the hotel’s services and products are effect of residing to embody ten F&B outlets, two huge ballrooms, 12 meeting rooms, 300-seat auditorium, a fitness centre, a spa, young of us’ membership, an exterior swimming pool, a devoted pool whine for young of us. Irama is a newly established company specialising in buying and developing hotels and hotels across the effect of residing, with a 5-star seashore resort within the pipeline. All Irama properties are operated by Malaysia-based fully mostly Accomplice Resorts & Hotels, which used to be the earlier supervisor for the former Gargantuan Seasons Hotel Kuala Lumpur.

HVS is the sector’s leading consulting and valuation services and products organization smitten by the hotel, restaurant, shared possession, gaming, and leisure industries. Established in 1980, the corporate performs extra than 4,500 assignments per year for nearly every most well-known alternate participant. HVS principals are thought relating to the leading experts in their respective areas of the globe. By a worldwide network of over 50 offices staffed by 300 experienced alternate experts, HVS affords an unparalleled vary of complementary services and products for the hospitality alternate. For extra knowledge concerning our experience and specifics about our services and products, please talk to www.hvs.com.