Kamehameha Schools to Sell Royal Hawaiian Center in Waikiki

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Kamehameha Schools announced Tuesday that it is selling the historic Royal Hawaiian Center in Waikiki.

The charitable trust is selling the buildings that make up the iconic Waikiki mall but not the underlying land.

Dee Jay Mailer, CEO of Kamehameha Schools, said in a press release the sale would help diversify the trust’s endowment. 

Click here to read the announcement.

According to its website, Kamehameha Schools is Hawaii’s largest private landowner and owns more than 365,0000 acres across five Hawaii islands.

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Photo: A statue of Bernice Pauahi Bishop sits in the Royal Hawaiian Center in Waikiki. Courtesy of Wendy Cutler via Flickr.

— Anita Hofschneider 

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