Asia Pacific real estate investment news and information
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’s property tycoons continue to fill the headlines for al the wrong reasons today, as the Hong Kong exchange rules that heavyweight contender Sun Hongbin needs some re-education on corporate governance. Naughtiness of other sorts is in the news in… Read More>>
At the top of the news, Fosun’s Guo Guangchang says China’s clampdown on some of the country’s biggest buyers of overseas assets is a necessary measure to deal with “irrational investment” – which presumably doesn’t include his own firm’s recent… Read More>>
James Packer is one of the world’s best known gamblers, but even Australia’s casino king may have found the odds a bit too long in Macau, according to a story in the Wall Street Journal today. Also in the headlines,… Read More>>
China’s economy may not be headed for a hard landing, but the high rolling days in Macau’s casinos seem to have already fallen off a cliff, as one of America’s biggest gaming companies puts the brakes on a $4 billion… Read More>>
A star-studded crew of celebrities, including actor Robert De Niro and singer Mariah Carey, stopped by Macau on Wednesday to open Macau Studio City, a new integrated resort that seeks to meld Hollywood themed entertainment with a 1,600-room hotel and… Read More>>
Fashion guru Karl Lagerfeld is going to design a hotel in Macau, as one of the fashion world’s iconic figures turns his attention to a new style sector.
The Chanel mogul is adding to his extensive list of talents – which already include drawing and helicopter design – by turning his hand to architecture and creating a 270-room hotel in Asia’s gambling mecca, Macau.
According to a recent press report, the fashion designer says that he’s turning to hotel design only because he was tired to buying more houses.
