Asian Billionaires Kwek Leng Beng, Sukanto Tanoto In Talks To Pursue Real Estate Opportunities
Southeast Asian billlionaires Kwek Leng Beng and Sukanto Tanoto are in talks to pursue real estate opportunities in the U.K.
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Southeast Asian billlionaires Kwek Leng Beng and Sukanto Tanoto are in talks to pursue real estate opportunities in the U.K.
Pacific Eagle Real Estate has bought a Shanghai luxury hotel from cash-strapped Chinese developer Dalian Wanda Group as the Singapore-based family office expands its property investments.
The cash-strapped Dalian Wanda Group sold its luxury hotel in Shanghai to Indonesian pulp and paper billionaire Sukanto Tanoto, at a reported price of between 1.44 billion and 1.66 billion yuan (US$204 million and US$234 million).
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