Oakwood has signed a management agreement with
OUE Limited for its second property in Singapore.
The Oakwood Premier OUE Singapore will be
located at OUE
Downtown and is scheduled to open by mid-2017.
OUE Downtown is an integrated mixed-use
development that is expected to inject vibrancy to the financial
corridor between Raffles Place and Tanjong Pagar. It comprises
serviced residences, retail and premium office space.
Oakwood Premier OUE Singapore will feature 268 serviced residences, a swimming pool, fitness centre,
daily housekeeping, a concierge and more.
Schreiber, managing director of Oakwood Asia Pacific, said,
“The opening of Oakwood Premier OUE Singapore will be our second
property in this great city. This has been an amazing year for
Oakwood Asia Pacific. Our accelerated pace of development saw us
adding 26% to the existing portfolio of Oakwood Asia Pacific in
2016 alone, and we expect to continue on this blistering pace over
the next few years.”
Tasos Kousloglou, JLL Hotels & Hospitality's
Executive Vice President, Asset Management, added, “We are
delighted to have acted as a strategic advisor for OUE, helping to
bring the Oakwood Premier brand to Singapore and further
contributing to solidifying Singapore's reputation as the region's
premium business and tourist destination."
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