Casino operator Las Vegas Sands Corp has earmarked US$1 billion for Phase II of The Londoner Macao property on Cotai, Macau. The redevelopment is scheduled to start in November 2023 and targeted to be …
Typhoon Talim: Hong Kong and Macao brace as powerful storm heads for China coast
At least 2,000 commuters in Hong Kong faced flight delays and cancellations in the wake of typhoon Talim, reported local media, while “a state of immediate prevention” was issued from 5.30am on Monday …
Evergrande creditors seized a $2 billion Hong Kong tower they can’t sell
HONG KONG – Nothing symbolizes the demise of China Evergrande Group like the Hong Kong tower that it bought for a record US$1.6 billion (S$2.1 billion). Once a jewel in the developer’s crown, …
Third Georgia city sued for censoring ‘God bless the homeless vets’ sign
A third city in Georgia has been sued over its decision to arrest a free speech activist who peacefully stood outside their city hall and held a God bless the homeless vets sign …
Singapore says foreigners need approval to buy mixed commercial and residential properties, land
The government made changes to the Residential Property Act to ‘safeguard residential land for Singaporeans’ Mixed commercial and residential developments were previously part of the list of land use …
Americans oust Chinese as Singapore’s top homebuyers
SINGAPORE: Americans replaced Chinese as the top foreign buyers of private apartments in Singapore, according to OrangeTee & Tie. Mainland Chinese have been the largest foreign buyer group in the …
IHG Hotels & Resorts continues expansion in Saudi Arabia with Hotel Indigo in NEOM’s Oxagon
The franchise agreement cements IHG’s commitment to both Saudi Vision 2030 and its role in growing the region’s hospitality sector.
IHG to open dual-brand property in Dubai
A 275-key Holiday Inn and residential-style Staybridge Suites hotel in Business Bay will both be operational later this year …
Foreign investors flock to Vietnam’s real estate market
Vietnam’s real estate sector has emerged as a highly desirable destination for international investors, ranking second only to the manufacturing and processing industry, with over 1,100 projects …
Property sector risks to Vietnam’s sovereign credit reduced: Fitch Ratings
Uncertainty has eased over the possible fallout for Vietnam’s sovereign credit from real estate sector stresses, Fitch Ratings said Tuesday.