Chinese tycoon Du Shuanghua’s Glory Property buys Far East Shopping Centre en bloc for about $908 mil
Du Shuanghua, the Chinese steel tycoon, has purchased Far East Shopping Centre en bloc via his investment vehicle, Glory Property Development, which is registered under Bright Ruby Resources. The purchase price for the property was noted to be around $908 million; this translates to about $3,350 psf ppr (per plot ratio), according to the potential […]