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Ixora Ho Tram by Fusion – million-dollar amenities boost property value

Ixora Ho Tram by Fusion â million-dollar amenities boost property value
08:00 | 22/04/2021
The post-COVID-19 era marked the rise of coastal urban complexes with a wealth of amenities, creating an ideal ecosystem of hospitality, entertainment, and investment opportunities. Ixora Ho Tram by Fusion â a component project of the world-class 164-hectare Ho Tram Strip integrated resort possessing a series of classy internal and external facilities â has proved to be a valuable investment property for savvy investors.
More than just a stand-alone hotel or resort with basic amenities to meet the needs of relaxation, coastal real estate projects are now being developed in an integrated complex module, including condotels and villas, with a wide range of facilities. However, in such a rapidly growing market, not all developers can turn the concept of high-class resort complexes with such synchronous facilities into reality. ....

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Oaktree Investments proposes to buy back James Packer's stake in Crown Resorts

Oaktree Investments proposes to buy back James Packer s stake in Crown Resorts
19 Apr, 2021 12:43 AM
2 minutes to read
James Packer. Photo / Getty Images
news.com.au
By: Gerard Cockburn
An investment firm has pledged to fund a buyout of James Packer s stake in Crown Resorts, potentially paving a way for the casino giant to obtain its Sydney gaming licence.
Crown acknowledged that it had received a non-binding and indicative proposal from Oaktree Investments to fund a buy back of shares owned by the billionaire s private company Consolidated Press Holdings (CPH).
Oaktree s proposal details an investment funding of nearly A$3 billion ($3.2b) to Crown in order to buy back some or all of the shares held by CPH. ....

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Crown Resorts : Blackstone tweaks conditions for $6 billion Australia Crown Resorts buyout

Australian casino operator Crown Resorts Ltd said private equity giant Blackstone Group Inc modified the conditions of a proposed $6 billion buyout, saying the target must not lose further state. | April 13, 2021 ....

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Blackstone adds conditions for Crown Resorts buyout

By Reuters Staff
Slideshow ( 2 images )
(Reuters) - Crown Resorts said on Tuesday Blackstone Group set further conditions for its proposed buyout of the casino operator, including that the Australian company not loose further state licences.
Crown has already been found to be unfit to hold a gambling licence for its Sydney casino, and currently faces Royal Commission inquiries in Western Australia and Victoria, the two other states it operates in.
Last month, U.S. private equity firm Blackstone offered to buy shares in Crown that it does not already own for A$11.85 each, in a deal that valued the Australian company at A$8.02 billion ($6.11 billion). ....

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Blackstone sets further conditions for Crown Resorts buyout

Crown Resorts said on Tuesday Blackstone Group set further conditions for its proposed buyout of the casino operator, including that the Australian company not loose further state licences. ....

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