Asia Real Estate Tracker (05-Mar-2025): HK's Far East Consortium sells UK hotel project for $57M.
SUMMARY
- Far East Consortium sold a UK hotel to AMTD IDEA Group for $57M, expanding the latter's presence in the hospitality industry.
- Qingjian and CCCC made a joint bid of $234M for a Singapore site, highlighting the competitive nature of real estate acquisitions in the region.
- C&W reports that the APAC data center market will require a substantial $116B in funding to support its growing pipeline of projects.
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