RealEstat.id (Jakarta) – One Global Capital, a Sydney-based global property development and investment platform, has announced the expansion of its One Global Resorts hospitality platform via the introduction of a curated boutique hotel offering to its portfolio, comprised of 36 premium serviced apartment-style units in Parramatta from May 2026.
The move marks a strategic expansion of One Global Capital’s hospitality portfolio under its One Global Resorts brand, following the success of One Global Resorts Green Square.
It sees One Global Resorts reposition a selection of larger-format residences within the building formerly known as SKYE Parramatta, marking the second hospitality asset under One Global Resorts’ direct operation and signalling the next phase of the group’s upmarket boutique hotel concept, focused on design-led, experience-driven accommodation in key urban locations.
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The Parramatta portfolio, valued at approximately AUD25 million, offers a flexible accommodation model suited to both short and extended stays.
Located a 5-minute walk from Parramatta Station and Parramatta Square, the property is also well positioned to service both business and leisure travellers in Sydney’s rapidly evolving second CBD.
Iwan Sunito, Chairman and Group CEO of One Global Capital, said the portfolio expansion reflects the group’s confidence in the region’s continued growth, as well as its long-standing relationship with Parramatta. Sunito’s involvement in the hotel sector in the suburb began over a decade ago.
“Parramatta is a suburb on the move and a critical part of Sydney’s future. Having delivered more than 750 apartments in the area in the past, with a value approaching half a billion dollars, we have a strong connection to this market and a clear understanding of its potential,” said Sunito.
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The offering will reflect One Global Resorts’ commitment to excellence in design, convenience and elevated guest stays, with the hospitality platform shaped around the concept of urban resorts, spaces that blend design, nature and human experience within the city.
The development features a striking foyer designed by Koichi Takada, who also led the interiors across the guest rooms, with this being Takada and Sunito’s first collaboration back in 2017.
As part of the transition, One Global Resorts will introduce automated check-in technology to enhance the arrival experience, guest convenience and operational efficiency.
Iwan Sunito explained, The Parramatta property holds much sentimental value, having been my first hotel project and the biggest building that I personally designed.
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“I am delighted to be able to build on the ongoing strong performance of our Green Square property as we see a clear opportunity to bring the same level of quality and service to Western Sydney, with our renewed presence in the area under One Global Resorts being a strategic evolution of the group’s hospitality platform,” he said.
Looking ahead, Sunito will lead a program of progressive upgrades to both the building and interiors, further refining the 36 units into an even more elevated boutique offering.
The upgrades will focus on elevating the in-room experience and overall guest comfort, while maintaining the flexibility of serviced apartment living and delivering a premium One Global Resorts stay.
“We’ve selected the larger-format apartments within the building, as they align closely with our brand standards and the experience we aim to deliver,” Sunito added. “Our focus has been on securing the right product rather than scale, ensuring a high-quality, consistent offering as we continue to grow our portfolio.”
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The introduction of the Parramatta property to the One Global Resorts portfolio forms part of a broader period of momentum for One Global Capital.
Over the past 12 months, the group has rapidly expanded its asset base and development pipeline, including the AUD120 million hotel asset at Green Square, an AUD70 million development in Macquarie Park, an AUD1.5 billion mixed-use precinct in Five Dock and the repositioning of its Eastlakes retail asset (One Global Gallery – The Grand Eastlakes) from AUD19.5 million to over AUD33 million in value.
The inclusion of the Parramatta property brings One Global Capital’s combined hotel portfolio to approximately AUD140 million and further strengthens its diversified investment strategy across residential, hospitality and retail sectors.
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