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>>
A Singapore developer leads the way in Mingtiandi’s roundup of Asia real estate headlines as the company controlled by billionaire Koh Wee Meng is braving the global downturn to snap up an Aussie hotel project for A$40 million.
In other… Read More>>
Singapore condo sales lead Mingtiandi’s collection of real estate news today, with fresh government figures showing the city state selling its second-highest number of new homes in the past eight years. In other news, Korea’s institutional investors are expected to… Read More>>
Embezzlement leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the chairman of SRE Group, who was detained in January, has now been formally charged with embezzlement, along with an executive director of… Read More>>
Hong Kong-based real estate investment firm Far East Consortium International has appointed Derek Cheung as chief executive officer of a hotel trust that the group plans to list in the coming months.
Cheung, who started his new role as head… Read More>>
Far East Consortium has zeroed in on London for a £250 million residential development, as the UK housing market picks up after Britain’s divorce with the EU.
The Hong Kong-listed residential and hotel developer, which has built out a global… Read More>>
Hong Kong developer Far East Consortium International Ltd (FEC) is reportedly mulling a Singapore listing for a real estate investment trust that could raise up to S$500 million ($365 million). The potential sale of trust units, which could occur as… Read More>>
Hong Kong’s Lands Department announced on August 12 that Far East Consortium International won a tender for the smallest plot of commercial land at Hong Kong’s former Kai Tak airport at a price of HK$2.45 billion ($312 million).
The local… Read More>>
Far East Consortium has acquired a 20 acre (81,000 square metre) residential plot in central Manchester that brings the developer’s land investment in the city to more than £30 million ($37.3 million) since 2017 and boosts its development pipeline to… 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>>
