REAL ESTATE & HOSPITALITY

INVICTUS DEVELOPMENTS & KINN HOSPITALITY CONCEPTS
Invictus Developments Pte Ltd | 2020

Invictus Developments Pte Ltd is a real estate investment company based in Singapore, and privately owned by the family of the Musim Mas Group. The company focuses on investments in tourism, residential and industrial sectors, with a geographical focus on the Asia Pacific region, particularly Singapore, Indonesia, Australia and Japan.

Food & Beverage
House of Tan Yeok Nee

House of Tan Yeok Nee

Quest Woolloongabba

Quest Woolloongabba

KINN

KINN

Habour Rocks

Habour Rocks

The Standard

The Standard

PRESS

Indonesian Palm Oil Billionaire Bachtiar Karim’s Son Is Building A Property Group To Diversify The Family’s Business Empire

The purchase of the house is part of the family’s strategy to diversify out of palm oil, the main source of their wealth, and add a new money-spinner to a group of carefully curated properties across the Asia-Pacific. Sitting in a room that overlooks the koi pond, Bachtiar’s 31-year-old son, Chayadi Karim, outlines his vision for Invictus: To build a portfolio of high performing and bespoke accommodation assets across the gateway cities in Singapore, Australia and Japan, with a focus on the hospitality sector.

Source: Forbes

Invictus Developments continues to build hotel portfolio with Sydney acquisition - Colliers

The acquisition follows Invictus Developments’ recent $25 million purchase of The Inchcolm by Ovolo Hotel at Spring Hill in Brisbane and $52.5 million purchase of an office building at 39 York Street in Sydney – to be refurbished into an upper upscale hotel. Invictus Developments also purchased of the Harbour Rocks Hotel in Sydney and Quest Woolloongabba in Brisbane in 2022.These five acquisitionsand planned refurbishments are to date worth around $270 million of the $500 million earmarked by Invictus Developments for investments in the Australian hotel sector.

Source: The Hotel Conversation

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