VEGAS DEVELOPER SAID INTERESTED IN ANBANG HOTELS AND MORE ASIA REAL ESTATE HEADLINES

2018/08/26 BY MICHAEL COLE

At the top of today’s real estate a Las Vegas-based developer may be willing to gamble on acquiring a portfolio of hotels recently put on the market by China’s Anbang Insurance, and the earnings season continues with Hong Kong’s Henderson Land reported a 52 percent jump in profit on its core business. Plus Country Garden seems eager to make friends with Malaysia’s Dr M and there are even more stories from around the region if you keep reading.

VEGAS DEVELOPER SAID INTERESTED IN ANBANG HOTELS

A Las Vegas real estate developer and its partners have expressed interest in buying a 15-hotel portfolio from Beijing-based Anbang, The Post has learned.

The portfolio includes Manhattan’s Essex House — but Anbang, which owns a total of 18 US hotels, is being coy about whether the Central Park South property is to be sold, the developer said. Read More