JULY 31, 2014
KSG GRABS HIDROCK'S SPRINGHILL SUITES FOR $82M
- Commercial Property Executive
Malaysian company KSG Enterprised Ltd. is expanding its presence in the U.S. with the purchase of SpringHill Suites New York Midtown Manhattan/Fifth Avenue. The subsidiary of Hong Kong based Keck Seng, which mainly owns hotels and offices, has made its debut into the Big Apple by snapping up the Midtown Manhattan hotel asset for $82 million from Hidrock Realty and Robert Finvarb Companies.
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