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China Resources Buys Hotel for Student Housing in Hong Kong

3/1/2026

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Story summary
  • China Resources (Holdings) has acquired the Hotel Cozi Oasis in Hong Kong for HK$953 million (US$122 million) to convert it into student housing.
  • The deal is the largest hotel transaction of 2026 and will provide about 900 beds.
  • The rise in demand is linked to policy allowing more non-local students, as Hong Kong raised the cap to 50% in September 2023 to broaden local perspectives.