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David Chiu Far East Consortium

Far East Consortium Pays HK$2.45B to Win Kai Tak Site at 9% Discount

2019/08/13 by Jan Kot Leave a Comment

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>>

David Chiu FEC

Far East Consortium Site Buy Pushes Manchester Acquisitions Over £30M

2019/07/23 by James Hatton Leave a Comment

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>>

Henry Cheng New World

Sydney Casino Backed by Chow Tai Fook, FEC Files for $365M Ritz-Carlton Tower

2018/08/21 by Richard Meyer Leave a Comment

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>>

Chris Hoong FEC

Blackstone Sells Singapore Residential Project to Far East Consortium For $147M

2018/06/07 by Shawna Kwan Leave a Comment

Hong Kong-listed developer Far East Consortium (FEC) is making another move to bolster its portfolio in Singapore, buying a freehold residential project near the Orchard Road shopping district from a seller believed to be US private equity giant Blackstone for… Read More>>

Adrian Cheng New World

New World, FEC, SC Global Win Orchard Road Site for $309M

2018/05/20 by Shawna Kwan Leave a Comment

Hong Kong’s New World Development and Far East Consortium (FEC) have teamed up with Singapore’s SC Global Developments to win a luxury residential site near Singapore’s prime shopping area Orchard Road, after placing a record S$410 million ($309 million) bid… Read More>>

Yau Tong site bidding

MTR’s Yau Tong Site Lures SHK, Wheelock and More Hong Kong Real Estate Headlines

2018/05/05 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, the MTR Corporation’s tender for a residential site in Yau Tong, at the southeastern end of Kowloon ended at 2 pm on Friday with developers including Wheelock, Henderson Land Development and Albert Yeung’s… Read More>>

Asia Real Estate People in the News 2018-04-30

2018/04/30 by Greg Isaacson Leave a Comment

Leading today’s people moves, a top executive at CPPIB upgrades her title at the global investment giant with a significant Asian real estate portfolio. A plethora of agency pros are updating their name cards, with a CBRE exec in India… Read More>>

Cuscaden Road site

New World, FEC and SC Global in Record $309M Singapore Site Bid

2018/04/28 by Shawna Kwan Leave a Comment

Hong Kong developers New World Development and Far East Consortium have teamed up with their Singapore counterpart SC Global Developments to lodge a record S$410 million ($309 million) bid for a residential site near the city-state’s Orchard Road, according to an… Read More>>

Baoneng Yao Zhenhua

Vanke Says Baoneng Unit to Divest 10% Stake and More Asia Real Estate Headlines

2018/04/05 by Michael Cole Leave a Comment

One of China’s most watched corporate soap operas seems to have finally reached the series finale as a unit of one-time corporate raider Baoneng is said to be selling its 10.3 percent stake in China Vanke. The report appears to… Read More>>

Far East Consortium Building

FE Consortium Building Floor Sells for Record Price and More Hong Kong Real Estate Headlines

2018/03/29 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, a locally listed firm bought a floor in Central’s Far East Consortium Building for HK$20,000 ($2,548) per square foot, breaking the building’s record, and helping the former owner to turn a profit of… Read More>>

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