Far East, Sino Land scoop up Westin Sydney for A$445.3m from GIC
Purchase takes Far East's acquisitions in Australia, including JVs, since 2013 to A$1.78b
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE'S Far East Organization has teamed up with its Hong Kong-listed sister company Sino Land for a A$445.33 million (S$467.72 million) acquisition of The Westin Sydney.
The two companies are taking equal stakes in the acquisition.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts