Asia real estate and outbound investment news
An A$3.6 billion ($2.3 billion) Brisbane casino resort backed by a pair of Hong Kong heavyweights has secured financing that allows the controversial development to press ahead despite opposition from preservationists and design groups.
Australian gambling and entertainment company Star… Read More>>
Troubled mainland casino builder Landing International Development has been reshuffling its board this month, with an executive director having exited the company, and a non-executive director having been added to the developer’s top decision making body.
The board… Read More>>
The chairman of a Hong Kong-listed company building a casino on South Korea’s Jeju Island has replaced its chairman after the former company head became involved in an investigation in China, according to statements to the Hong Kong exchange and… Read More>>
Landing International Development, a Hong Kong-listed casino builder, reported to the Hong Kong Stock Exchange on Thursday that the company is unable to contact its 47-year-old chairman Yang Zhihui, who controls 50.48 percent of the company.
According to a report… Read More>>
An A$500 million ($365 million) hotel and condo project in Sydney backed by two of Hong Kong’s wealthiest families filed plans last week for a 61-storey tower incorporating the city’s only Ritz-Carlton hotel, as casino operator Star Entertainment Group expands a… Read More>>
India looms large in the region’s real estate world today as the subcontinent gets its first IKEA shop, and one of the country’s biggest landlords unveils a 1.1 million square metre lease just before it launches India’s first REIT with… Read More>>
Casino billionaire David Chow’s Macau Legend Development is poised to sell the Landmark Macau hotel and gambling complex for HK$4.6 billion ($590 million), shedding one of its two flagship properties in the gambling mecca.
The Hong Kong-listed firm has announced… Read More>>
China cracked down on James Packer’s Crown Resorts detaining 18 employees working for the billionaire’s mainland team. The Australian gaming magnate, who owns casinos in Macau and the Philippines, as well as in his home country, is estimated to have lost… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Home prices in major mainland cities will continue to rise… Read More>>
