A cross-border hospitality deal leads today’s news roundup, with Minor International, operator of 22 hotels in Thailand, buying a major stake in a 382-property European hotel chain. Also in the headlines, a pair of Chinese construction firms once blacklisted by… Read More>>
Leading today’s roundup, Philippine President Rodgrigo Duterte has opened the gates for offshore gambling operations and the result has been a Chinese-fuelled run on Manila property. And with casinos already firmly established in Singapore, the city-state’s residents are now continuing… Read More>>
Global real estate consultancy JLL is boosting its operations in the Philippines by scooping up a Manila-based project and construction management firm with over 40 staff.
JLL has acquired JCL International, which is led by senior partners John Morgan and… Read More>>
Global property brokerage Colliers International is turning to new leadership in a key Southeast Asia market, by appointing Richard Raymundo as managing director for the Philippines, effective January 1.
Raymundo succeeds David Young, who has headed the company’s business in… Read More>>
A mall developer controlled by the Philippines’ richest man is planning to list its China shopping centre holdings on either the Hong Kong or Singapore stock exchange, according to a recent statement from an official with SM Investments.
SM, a… Read More>>