Oakwood, a subsidiary of Mapletree
Investments, has signed its first property in Melbourne,
Australia.
Scheduled to open in the first quarter of 2022,
Oakwood Premier Melbourne will be located along the southern banks
of the famed Yarra River, in close proximity to numerous corporate
office buildings and key international and regional financial
institutions, as well as the Melbourne Convention Centre.
The Crown Casino and Entertainment Complex, SEA LIFE
Melbourne Aquarium and the National Gallery of Victoria will be within a short walking distance
of the property.
Set within a newly developed 40-storey tower,
Oakwood Premier Melbourne will feature 392 hotel
rooms and serviced apartments.
154 hotel rooms will cater to
transient travellers on short stays, while the remaining 238
studio, one and two-bedroom apartments, ranging in size from 35 to 65
square metres, will be for mid to long-term stays.
Proposed facilities within Oakwood
Premier Melbourne include an all-day dining restaurant, a Sky Bar, meeting
venues, a lobby bar and fitness centre, as well as upscale retail
spaces.
“Oakwood Premier is ideal for C-suite
executives, well-established business owners and distinguished
travellers, defined by its uncompromising, tailored service
standards and prime downtown address. We are extremely proud to
have the opportunity to introduce this luxury product to
Melbourne’s prestigious Southbank Promenade, with the project
being part of Australia’s largest urban renewal project at
Fishermans Bend,” said
Dean Schreiber, interim chief executive
officer of Oakwood and managing director of Oakwood Asia Pacific.
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