OUE (SGX:LJ3) and Tokyo Century (TYO:8439) will jointly develop Hotel Indigo Changi Airport at Singapore's Changi Airport Terminal 2, aiming for completion by 2028, according to a Tuesday filing on the Singapore Exchange.
The 255-room hotel, featuring a rooftop pool and runway views, will incorporate solar panels, hybrid cooling, and rainwater harvesting, making it Singapore's "first zero-energy hotel."
OUE said the project aligns with its "asset right" strategy to grow third-party funds under management.
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