RB Capital
RB Capital is a Singapore-based, privately-held real estate acquisition and development firm founded in 2006 by Kishin RK, targeting complex, illiquid hospitality, commercial office, and retail properties across Asia Pacific, primarily Singapore and Malaysia.
- Company typePrivate
- Founded2006
- HeadquartersSingapore, Singapore
- Headcount251–500
- GTM typeB2B
- OfferingServices
What RB Capital does
RB Capital is a Singapore-headquartered, privately-held real estate acquisition and development company founded in 2006 by Kishin RK. The firm targets complex, illiquid real estate transactions across the Asia Pacific region — primarily Singapore and Malaysia — where size, complexity, or illiquidity impedes other investors. Post-acquisition, the company applies a curated approach to restructuring, redeveloping, and intensively managing each asset to maximize long-term value, with multi-disciplinary capabilities spanning hospitality, commercial office, and retail.
The portfolio is organized into three business engines. RB Capital Hotels operates approximately 967 keys across InterContinental Singapore Robertson Quay (225 rooms, 2017), Holiday Inn Express Singapore Clarke Quay (442 rooms, Southeast Asia's largest, 2014), and Park Hotel Farrer Park (300 rooms, 2016), under brand agreements with InterContinental Hotels Group, IHG, and Park Hotel Group. RB Capital Office owns Grade A office properties including RB Capital Building above Raffles Place MRT (acquired 2001), EFG Bank Building in Singapore's civic district (2009), Farrer Square Medical Suites (2016), and HSBC Building in Kuala Lumpur's Bukit Bintang (acquired 2006). RB Capital Retail holds Quayside at Robertson Quay, the redeveloped Cuppage Terrace on Orchard Road, and strata positions in Lucky Plaza, Far East Plaza, Coronation Plaza, and Queensway Shopping Centre.
Revenue is generated through rental and lease income from office and retail tenants, hospitality operations under brand partnerships, and capital appreciation through asset repositioning. Anchor tenants include DBS Bank, HSBC Bank, and international F&B operators. Pricing is quote-based and individually negotiated per transaction; no pricing tiers are disclosed. The company operates without disclosed proprietary technology, AI capabilities, or institutional capital backing, with Kishin RK serving as founder and principal financial backer. Headcount is 251–500.
RB Capital firmographics
Firmographics- Name
- RB Capital
- Legal name
- RB Capital Pte Ltd
- Website
- https://rbcapital.com.sg
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- RB Capital is a Singapore-based, privately-held real estate acquisition and development firm founded in 2006 by Kishin RK, targeting complex, illiquid hospitality, commercial office, and retail properties across Asia Pacific, primarily Singapore and Malaysia.
- Ownership category
- akta.pro rank
RB Capital industry classification
Industry- Product category
- Real Estate Investment & Development
- SIC
- Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)
Keywords
Where RB Capital is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices2 records
Markets served
RB Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain, Others, Technology or R&D
Revenue model
- Real Estate Investment and Development: RB Capital generates revenue through acquisition, development, and management of hospitality, commercial office, and retail properties across Asia Pacific. Revenue is derived from rental income from tenants across hotel, office, and retail portfolios, as well as capital appreciation through property repositioning and value enhancement.
- Hospitality Operations: Revenue from hotel operations including InterContinental Singapore Robertson Quay, Holiday Inn Express Clarke Quay, and Park Hotel Farrer Park, encompassing room rentals, food and beverage outlets (Publico, Summerlong), and event/meeting spaces.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom real estate transactions |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
RB Capital product offering
Product offeringCore offering
RB Capital directly acquires, restructures, redevelops, and intensively manages real estate assets across the hospitality, commercial office, and retail sectors in Asia Pacific, with primary operations in Singapore and Malaysia. It operates three integrated business engines — RB Capital Hotels, RB Capital Office, and RB Capital Retail — through which it invests in long-term opportunities where size, complexity, or illiquidity may impede other investors, then curates properties to maximize value and tenant mix.
Product overview
RB Capital is a real estate acquisition and development company founded in 2006 by Kishin RK, operating as a unified platform with three distinct business units: RB Capital Hotels (hospitality properties including InterContinental Singapore Robertson Quay, Holiday Inn Express Clarke Quay, and Park Hotel Farrer Park), RB Capital Office (commercial office properties including RB Capital Building, EFG Bank Building, Farrer Square Medical Suites, and HSBC Building Kuala Lumpur), and RB Capital Retail (retail properties including Quayside, Cuppage Terrace, and strata properties at Lucky Plaza, Far East Plaza, Coronation Plaza, and Queensway Shopping Centre). The company invests in long-term opportunities where size, complexity, or illiquidity may impede other investors, then takes a curated approach to restructuring, redeveloping, and managing properties across the Asia Pacific region.
Differentiator
Problem solved
Functional benefit
Brands
- RB Capital Hotels: Hospitality division managing hotel properties including InterContinental Singapore Robertson Quay, Holiday Inn Express Clarke Quay, and Park Hotel Farrer Park.
- RB Capital Office
- RB Capital Retail
Products and services
- RB Capital Hotels Branded hospitality division of RB Capital that develops, owns, and manages hotel assets in Singapore under partnerships with international hotel operators such as InterContinental Hotels Group, IHG (Holiday Inn Express), and Park Hotel Group.
- RB Capital Office Commercial office division of RB Capital that develops high-quality, curated Grade A office space in prime Singapore locations and in Kuala Lumpur's Bukit Bintang CBD, leasing to banks, law firms, private equity groups, and medical practices.
- RB Capital Retail Retail division of RB Capital that acquires, repositions, and owns prime retail assets and strata units across Singapore, including waterfront lifestyle destinations, heritage shophouses, and strata units in major Orchard Road and neighbourhood malls.
- InterContinental Singapore Robertson Quay Five-star, 225-key luxury hotel at Robertson Quay in Singapore, designed by SCDA Architects and operated under the InterContinental brand by InterContinental Hotels Group, with on-site dining including the award-winning Publico restaurant.
- Holiday Inn Express Singapore Clarke Quay 442-room Green Mark Platinum select-service hotel under the IHG Holiday Inn Express brand, positioned as Southeast Asia's largest property in the brand, located in central Singapore near Clarke Quay.
- Park Hotel Farrer Park 300-room hotel managed by Park Hotel Group within RB Capital's Farrer Square mixed-use development above Farrer Park MRT station, catering to business, leisure, and medical travellers linked to the adjacent Farrer Park Hospital.
- RB Capital Building Grade A office building in the heart of Singapore's CBD directly above Raffles Place MRT station, housing DBS Bank alongside law firms and private equity groups as tenants.
- EFG Bank Building Grade A office building at the prominent junction of High Street and North Bridge Road in Singapore's civic district, designed by RSP Architects and completed in June 2009, offering views of the Singapore River, Raffles Place, and Marina Bay.
- Farrer Square Medical Suites Medical suites within a dedicated medical tower at the Farrer Square development above Farrer Park MRT station, leased to medical practices serving business, leisure, and medical tourists and linked to Farrer Park Hospital (Connexion).
- HSBC Bank Building Kuala Lumpur 26-storey Grade A office building in Kuala Lumpur's Bukit Bintang CBD (formerly Menara Genesis), repositioned by RB Capital with HSBC Bank as anchor tenant.
- Quayside Curated waterfront collection of restaurants and bar outlets at Robertson Quay in Singapore, featuring SuperLoco (The Loco Group), Summerlong (The Dandy Partnership), and Decker BBQ, with the InterContinental Singapore Robertson Quay as anchor hotel.
- Cuppage Terrace Heritage retail and F&B destination on Orchard Road comprising seventeen two-storey Peranakan Shophouses redeveloped by RB Capital to host F&B outlets and co-working space.
- Strata retail portfolio (Lucky Plaza, Far East Plaza, Coronation Plaza, Queensway Shopping Centre) Portfolio of strata retail units owned by RB Capital across major Singapore shopping centres — Lucky Plaza (Orchard Road electronics, fashion, and medical hub since 1981), Far East Plaza (Orchard Road boutique and youth-oriented mall since 1982), Coronation Plaza (Bukit Timah retail podium anchored by Starbucks and HSBC), and Queensway Shopping Centre (Singapore's Sports Mall specialising in sporting goods, held since the late 1980s).
Quantifiable outcome
- Southeast Asia's largest Holiday Inn Express property
- +1 more outcomes
Companies that use RB Capital
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles3 records
RB Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
RB Capital partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- InterContinental Hotels GroupcoreInterContinental Hotels Group operates the InterContinental Singapore Robertson Quay, a 225-key luxury hotel opened in 2017 at RB Capital's Robertson Quay development. The hotel features award-winning restaurant Publico and is the first residential-inspired InterContinental in Singapore. The partnership represents RB Capital's flagship hospitality project.
- Park Hotel GroupminorPark Hotel Group manages the Park Hotel Farrer Park, a 300-room hotel opened in 2016 as part of RB Capital's Farrer Square development above Farrer Park MRT station.
- IHG (Holiday Inn Express)coreIHG operates the Holiday Inn Express Singapore Clarke Quay, Southeast Asia's largest Holiday Inn Express with 442 rooms. The Green Mark Platinum Hotel opened in 2014 as part of RB Capital's hospitality portfolio. RB Capital developed the property which is managed under the Holiday Inn Express brand.
- SCDA ArchitectscoreSCDA Architects designed the Robertson Quay development including the InterContinental Singapore Robertson Quay hotel. The design blends elements from the district's industrial past with sleek contemporary finishes, creating an intuitive design concept for the waterfront Quayside F&B outlets.
- RSP ArchitectsminorAward-winning RSP Architects designed the EFG Bank Building in Singapore's civic district. The building, completed in June 2009, enjoys sweeping views of the Singapore River, Raffles Place, and Marina Bay.
Scale indicators3 records
Recent moves6 records
Expansion highlights3 records
RB Capital competitors and assessment
Company assessmentDirect peers
- CapitaLand Investment: Singapore-listed real estate investment manager with lodging, office, retail, and integrated development assets across Asia. Direct competitor in Singapore prime real estate acquisition, development, and asset management.
- Mapletree Investments: Temasek-backed Singapore real estate investment and development company with office, retail, hospitality, and industrial assets across Asia. Operates in similar prime SG locations with a comparable institutional asset-management approach.
- Far East Organization: Singapore-based private real estate developer with hospitality (Far East Hospitality), office, retail, and strata properties including Far East Plaza and Orchard Road assets where RB Capital holds strata units.
- Frasers Property: Singapore-listed multi-segment real estate group with hospitality, office, retail, and serviced residences across Asia Pacific. Comparable integrated platform with similar asset categories to RB Capital.
- GuocoLand: Singapore-listed developer focused on integrated mixed-use developments including office, retail, and residences. Competes for prime Singapore real estate with comparable luxury positioning.
- City Developments Limited (CDL): Singapore-listed developer with hospitality (Millennium/Copthorne hotels), commercial office, and residential assets across Asia. Closely comparable multi-engine platform anchored in Singapore prime locations.
Regional players
- IOI Properties Group: Malaysia-listed real estate developer with commercial office, retail, and integrated developments, particularly in KL. Comparable to RB Capital's KL HSBC Building/Menara Genesis strategy.
Broad incumbents
- Pan Pacific Hotels Group: UOL Group's hospitality arm operating luxury and upscale hotels across Asia Pacific including Singapore. Comparable to RB Capital's hotel ownership/operator partnership model, though at a much larger institutional scale.
- Hongkong Land: Asia-focused luxury-grade commercial real estate investment and development company with prime office and retail assets across gateway Asian cities. Comparable institutional-quality Asian prime real estate operator with trophy asset focus.
Others
- Royal Holdings: Singapore real estate group referenced via RB Capital's website footer ('RoyalHoldings.com.sg') suggesting a related-party/affiliated entity likely sharing founder Kishin RK, with overlapping hospitality and commercial real estate exposure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
RB Capital social profiles
Digital presenceRB Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
RB Capital leadership team
Management profileNumber of profiles
Profiles1 record
RB Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RB Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RB Capital
What does RB Capital do?
RB Capital directly acquires, restructures, redevelops, and intensively manages real estate assets across the hospitality, commercial office, and retail sectors in Asia Pacific, with primary operations in Singapore and Malaysia. It operates three integrated business engines — RB Capital Hotels, RB Capital Office, and RB Capital Retail — through which it invests in long-term opportunities where size, complexity, or illiquidity may impede other investors, then curates properties to maximize value and tenant mix.
Is RB Capital a public or private company?
RB Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was RB Capital founded?
RB Capital was founded in 2006. It employs 251 to 500 people.
Where is RB Capital based?
RB Capital is headquartered in Singapore, Singapore, in the Asia region.
How does RB Capital make money?
Two revenue lines are on record. Real Estate Investment and Development is the primary driver. The others are hospitality Operations.
Who are RB Capital's main competitors?
Direct peers on record are CapitaLand Investment, Mapletree Investments, Far East Organization, Frasers Property, GuocoLand and City Developments Limited (CDL). IOI Properties Group is listed as a regional player. Broad incumbents are Pan Pacific Hotels Group and Hongkong Land. Royal Holdings is listed as an others.
Does RB Capital have an API?
No public API is recorded for RB Capital.
What industry is RB Capital in?
RB Capital's product category is Real Estate Investment & Development. Its primary akta.pro industry code is BPAJAMAJ, Real Estate Portfolio & Fund Management (Institutional/REIT/PE). Its SIC code is 6532.