A consortium completed the acquisition of a portfolio of 27 resort hotels in Japan from Daiwa House for $900m.

A consortium formed by SC Capital Partners, Goldman Sachs Asset Management and the Abu Dhabi Investment Authority completed the acquisition of a portfolio of 27 resort hotels in Japan from Daiwa House, a homebuilder, for $900m. “This is a rare opportunity to acquire one of the largest and most prominent hotel portfolios in Japan. The extensive platform and network we have built in Japan over the last 13 years, particularly in the hospitality space, puts us in a unique position to capitalise on the long-term relative value of this highly sought-after sector,” Suchad Chiaranussati, SC Capital Founder and Chairman.