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 recently purchased Far East Shopping Centre via his investment firm Glory Property Development, an entity under Bright Ruby Resources. The purchase price of the mall was around $908 million, translating to $3,350 psf per plot ratio (psf ppr), based on the potential gross floor area of 290,574 sq […]