TC Realty is wholly-owned by Tokyo Century Corporation, a Japanese non-banking financial services company listed on the Tokyo Stock Exchange. It developed and manages ANA InterContinental Beppu Resort & Spa and Hotel Indigo Karuizawa, and the upcoming Dorchester Collection set to open in 2028.
OUE has entered into a joint venture with TC Realty SG to develop Hotel Indigo Changi Airport which is expected to be completed and operational by 2028.
OUE was awarded the tender to lease and develop the new hotel in Changi Airport Terminal 2 on Apr 26, 2024, by Changi Airport Group.

