(2007-04-14) Property management China Chinese Macau beats Vegas to be world's favorite flutter
When US billionaire Steve Wynn opened the latest addition to his casino empire in Macau, next to some of the top China holiday apartments complexes in September, he made sure the residents of the former Portuguese colony in southern China got a show they wouldn't forget in a hurry. A massive fireworks display erupted around the Wynn Macau hotel and casino on the stroke of midnight, while Frank Sinatra's "Luck Be A Lady" boomed out across the man-made lake in the front of the luxury resort.
Wynn, who is credited with pioneering the transformation of Las Vegas from a seedy haunt of gamblers and mafia-types into an all-American family destination, won't have to wait long to see a profit on his £628m Macau investment. Last week, the tiny territory overtook Las Vegas as the world's top gambling destination. Macau's 23 casinos generated £301.8m in revenue in September, £10.4m more than Las Vegas's 30 casinos, according to leisure industry consultants Globalysis.
(2007-04-14) China ski property Chinese Shunde developer to list in Hong Kong
China\'s Country Garden Co, a leading privately owned rural property in China developer, is seeking to raise funds for its project operation and reserving land resources by listing i...
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(2007-04-14) China property land for sale Sands banks on making Chinese Macau a shopping mecca
The former Westfield and Lend Lease executive has signed deals with more than 400 up-market retailers who will lease over 80,000 square metres of shops in the $2.3 billion Venetian ...
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(2007-04-14) Chinese properties land for sale China Real Estate: The Japanese Touch
Japan\'s Mori is bringing its mixed-use style to the mainland with the development of the off plan property in China Shanghai\'s World Financial Center. Clean, green and glassy, the R...
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(2007-04-14) Land plot for sale in China China: Real Estate Boom Attracts Investors
Investors are keen to participate in off plan property China\'s real estate boom. In the second part of the interview Arjuna Mahendran, Head Research Asia Pacific Credit Suisse, look...
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(2007-04-14) Land investment in China Gulf deals with China boom
Examples of the booming trade and land investment in China and the Arab countries of the Gulf, compiled by the Dubai-based Gulf Research Center:\r\n-- Saudi Ara...
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(2007-04-14) Land for sale in China On assembling a giant China retail empire
Huang Guangyu, said to be the richest man in China and owner of Gome (China\'s biggest retailer with 850 outlets in 200 cities), has formed an US$500 million real estate fund this mo...
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(2007-04-14) Golf in China China Mundell: fast growth in economy
The Nobel laureate for economics Robert Mundell asserted in his talks with readers of People\'s Daily Online that China\'s economy and cheap property in China would grow by at least 7...
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(2007-04-14) China property management China Shanghai's real estate prices fall significantly
Property prices have dropped in Shanghai, the most active cheap Chinese property market, as government measures such as raising taxes and restrictions on sales begin to be felt....
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(2007-04-14) Property management China Chinese Macau beats Vegas to be world's favorite flutter
When US billionaire Steve Wynn opened the latest addition to his casino empire in Macau, next to some of the top China holiday apartments complexes in September, he made sure the re...
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(2007-04-14) Property management in China Look to south-east China for new markets, buyers told
Overcrowding in rural property China market has prompted overseas buyers to look to other countries in south-east Asia, according to Property Frontiers.\r\nFore...
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