Colony to sell iconic hotel for $275m

Fairmont Raffles Hotels International, the hospitality company taken private by Colony Capital and Kingdom Holding Company, is reportedly preparing to sell the legendary Raffles Hotel in Singapore to Qatari Diar. The Qatar sovereign wealth fund has yet to decide on the amount of money required to refurbish the colonial icon.

To view this content, you need to sign in.


You should only be asked to sign in once. Not the case? Click here


Register now to access this content and more for free.

Share this