Chinese tycoon Du Shuanghua’s Glory Property buys Far East Shopping Centre en bloc for about $908 mil
Du Shuanghua, a Chinese steel tycoon, has bought Far East Shopping Centre for $908 million via his investment vehicle Glory Property Development. This deal sees the prime real estate in Singapore being purchased by Bright Ruby Resources, the Singapore-registered mining and resources company belonging to Du. The price equates to a floor area ratio of […]