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>>
Stanley Ho’s Shun Tak Pays $216M for 61% Stake in Orchard Road Commercial Complex
Billionaire Stanley Ho’s Shun Tak Holdings has made its first major commercial acquisition in Singapore after the Hong Kong-listed company acquired a 61 percent stake in a commercial project along the city’s famed Orchard Road commercial strip.
Shun Tak paid… Read More>>
Stanley Ho Buys Orchard Road Site for $105M and More Greater China Real Estate Headlines
The king of the Hong Kong casinos is branching out in Singapore malls as Shun Tak real estate buys a plot on Orchard Road, plus China City Construction, which was recently seen as a default risk has paid off an… Read More>>
China Resources Sells Hotel for RMB 700M – Goes Asset Light
China Resources Land, a giant state-run real estate firm, became the mainland’s latest developer to go asset light last week when the Beijing-based company sold the hotel portion of a Shanghai development to Stanley Ho’s Shun Tak Holdings for RMB… Read More>>