CDL acquires 256-room Osaka hotel for $78.5 mil
CDL, or City Developments Limited, has acquired the Bespoke Hotel Osaka Shinsaibashi in Japan for the price of 8.5 billion yen ($78.5 million). The purchase was made via their indirect entity, M&C Sakura TMK. This marks their third hotel acquisition this year, following acquisitions of the Sofitel Brisbane Central in Australia during March and the […]