Established in May 1967, Roxy-Pacific Holdings Limited (“Roxy-Pacific”
or the “Group”), an established property and hospitality group with an
Asia-Pacific focus, was listed on the SGX Mainboard on 12 March 2008. The
Group is principally engaged in the development and sale of residential and
commercial properties (“Property Development”). The Group’s recurring
income streams are strengthened through its flagship hotel Grand Mercure
Singapore Roxy hotel, self-managed upscale boutique hotels, Noku Kyoto and
Noku Osaka, Japan, and first self-managed upscale resort Noku Maldives,
and other investment properties in Asia-Pacific (“Hotel Ownership and
Property Investment”).
The Group’s residential development projects typically comprise small-tomedium
sized residential developments such as apartments and condominiums
targeted at middle-to-upper income segments. Between 2004 and 2020, the
Group developed and launched 54 small-to-medium sized developments
comprising a total of more than 5,000 residential and commercial units in
Singapore, Malaysia and Australia.
Grand Mercure Singapore Roxy hotel, a major asset of the Group, is
self-managed under franchise agreement with international hotel operator,
Accor Group. Beyond Singapore, the Group has opened its upscale boutique
hotels under the Noku hotels brand name in Kyoto and Osaka, Japan, and
upscale resort in Maldives. The Group’s second upscale resort in Phuket,
Thailand, is targeted to operate in 2022.
For Property Investment, the Group owns 52 retail shops at Roxy Square
Shopping Centre in Singapore. In Australia, Roxy-Pacific owns a 45%
interest in a freehold six-storey commercial building at 312 St Kilda Road
on the fringe of the Melbourne CBD. The Group also owns a 40% interest
in a centrally-located, 10-storey commercial building at 33 Argyle Street,
Parramatta, New South Wales, and a 40% interest in a commercial tower
located at 350 Queen Street, Melbourne, Australia. In Auckland, the Group
owns NZI Centre and has a 50% interest in the office building at 205 Queen
Street. In Tokyo, the Group recently acquired 49% interest in a retail property
at renowned retail districts at Shibuya, expanding Roxy-Pacific’s hospitality
presence in Japan to the retail property sector.