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2021-05-07 13:06:06 GMT2021-05-07 21:06:06(Beijing Time) Xinhua English
MACAO, May 7 (Xinhua) Macao s overall residential property price index in the period from January to March 2021 decreased by 0.7 percent to 261.2 from the previous period from December 2020 to February 2021, the special administrative region s (SAR) statistics service said on Friday.
The latest report from the Statistics and Census Service (DSEC) showed that the indices for the Macao Peninsula, and Taipa and Coloane dropped 0.8 percent and 0.4 percent from the previous period to 260.7 and 263.5, respectively.
The index for existing residential units went down by 0.6 percent from the previous period to 280.5, with that for the Macao Peninsula falling 0.8 percent to 271.8 and that for Taipa and Coloane staying flat at 316.5.
What The $6.25 Billion Deal For The Las Vegas Venetian, Sands Expo Means For Gaming
03/03/21 AT 11:39 AM
Las Vegas Sands Corp. (LVS) has entered into a $6.25 billion deal to sell off its Las Vegas property and operations, including the Venetian Resort and Sands Expo and Convention Center, just weeks after the death of its founder.
The deal with Apollo Global Management will include about $1.05 billion in cash and $1.2 billion in seller financing in the form of a term loan credit and security agreement. VICI Properties will acquire the real estate and related assets of The Venetian for about $4 billion cash.
The news of the sell-off of the Las Vegas properties comes just after Las Vegas Sands founder Sheldon Adelson’s death in January. Sheldon bought the Sands hotel and casino for $110 million in 1988 and launched a massive renovation and expansion project, The Wall Street Journal reported.