GIC, SAMHI Hotels Launch Rs 22 Billion Platform for Upscale Properties
ECONOMY & POLICY

GIC, SAMHI Hotels Launch Rs 22 Billion Platform for Upscale Properties

GIC, a leading global institutional investor, has partnered with SAMHI Hotels to create an investment platform focused on upscale and higher-category hotel assets in India.

The platform will be seeded with five SAMHI hotels comprising over 1,000 rooms, valued at around Rs 22 billion. GIC will acquire a significant minority stake in the underlying SPVs. These assets are located in prime office hubs of Bengaluru and Pune, offering strong demand potential and limited new supply.

The seed portfolio includes:

Hyatt Regency Pune, Nagar Road: 301 rooms with 22 upcoming apartments

Courtyard by Marriott Bengaluru, ORR: 176 rooms

Fairfield by Marriott Bengaluru, ORR: 160 rooms

Trinity Hotel Bengaluru, Whitefield: 142 rooms, to be repositioned under Marriott’s Tribute Portfolio

Under-development Westin Hotel: 220 rooms, to be integrated with Trinity Hotel in Bengaluru

The capital infusion will fund property upgrades, future acquisitions, and debt reduction across the portfolio. SAMHI will continue to manage all operational and development assets under the platform.

The move will not only bolster SAMHI’s balance sheet but also support its growth through a proven 'category conversion' strategy, further expanding its premium hotel portfolio.

Image source:indianretailer

GIC, a leading global institutional investor, has partnered with SAMHI Hotels to create an investment platform focused on upscale and higher-category hotel assets in India. The platform will be seeded with five SAMHI hotels comprising over 1,000 rooms, valued at around Rs 22 billion. GIC will acquire a significant minority stake in the underlying SPVs. These assets are located in prime office hubs of Bengaluru and Pune, offering strong demand potential and limited new supply. The seed portfolio includes: Hyatt Regency Pune, Nagar Road: 301 rooms with 22 upcoming apartments Courtyard by Marriott Bengaluru, ORR: 176 rooms Fairfield by Marriott Bengaluru, ORR: 160 rooms Trinity Hotel Bengaluru, Whitefield: 142 rooms, to be repositioned under Marriott’s Tribute Portfolio Under-development Westin Hotel: 220 rooms, to be integrated with Trinity Hotel in Bengaluru The capital infusion will fund property upgrades, future acquisitions, and debt reduction across the portfolio. SAMHI will continue to manage all operational and development assets under the platform. The move will not only bolster SAMHI’s balance sheet but also support its growth through a proven 'category conversion' strategy, further expanding its premium hotel portfolio.Image source:indianretailer

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code