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Wee Cho Yaw

Far East Consortium Sells Singapore Project to UOL Group’s Kheng Leong for $158M

2021/09/19 by Christopher Caillavet Leave a Comment

Hong Kong-based Far East Consortium has sold a central Singapore apartment building at an 8 percent mark-up after acquiring the 10-storey property from US private equity giant Blackstone three years ago.

FEC offloaded 21 Anderson, a freehold apartment block in… Read More>>

Chiu and Hoong Far East Consortium

Far East Consortium Selling City of London Hotel to Cerberus, Highgate for $160M

2021/06/17 by Christopher Caillavet Leave a Comment

Hong Kong-based Far East Consortium, a frequent buyer of UK real estate, has turned seller with its latest deal by agreeing to offload a City of London hotel for £115 million ($160.4 million).

FEC expects to record a gain of… Read More>>

Robert Kuok

Kerry Properties’ Net Profit Drops to HK$5.4B and More Asia Real Estate Headlines

2021/03/18 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, Hong Kong developer Kerry Properties posts a 22 percent profit decline for 2020, China’s HNA conglomerate begins a monumental restructuring process, and GLP J-REIT issues the first ultra-long sustainability bond in the… Read More>>

Singapore Office Rents May Dip 5% in 2021 and More Asia Real Estate Headlines

2021/01/18 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Knight Frank issues a bearish forecast for Singapore office rents, official figures show a cooling China housing market, and Hong Kong’s first major property launch of the year draws a horde of eager… Read More>>

henry cheng chow tai fook

Chow Tai Fook, FEC Secure Financing for A$3.6B Brisbane Casino

2020/05/18 by James Hatton Leave a Comment

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>>

SG’s Fragrance Group Buys Aussie Hotel Project and More Asia Real Estate Headlines

2020/03/21 by James Hatton Leave a Comment

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>>

the m bugis

SG New Home Sales Jumped 114% in February and More Asia Real Estate Headlines

2020/03/17 by Michael Cole Leave a Comment

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>>

peng xinkuang sre group

SRE Group Directors Charged with Embezzlement and More Asia Real Estate Headlines   

2020/02/23 by James Hatton Leave a Comment

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>>

derek cheung fec

Far East Consortium Names CEO for Upcoming Hotel REIT

2020/02/17 by James Hatton Leave a Comment

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>>

FEC Chris Hoong

Far East Consortium Buys Canary Wharf Site for £250M Development 

2020/02/12 by James Hatton Leave a Comment

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>>

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