{"id":120640,"date":"2021-06-17T06:30:00","date_gmt":"2021-06-16T23:30:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-firm-far-east-sells-four-star-dorsett-london-for-us162-million-in-what-could-be-british-capitals-biggest-hotel-deal-this-year\/"},"modified":"2021-07-18T17:03:44","modified_gmt":"2021-07-18T10:03:44","slug":"hong-kong-firm-far-east-sells-four-star-dorsett-london-for-us162-million-in-what-could-be-british-capitals-biggest-hotel-deal-this-year","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-firm-far-east-sells-four-star-dorsett-london-for-us162-million-in-what-could-be-british-capitals-biggest-hotel-deal-this-year\/","title":{"rendered":"Hong Kong firm Far East sells four-star Dorsett London for US$162 million in what could be British capital\u2019s biggest hotel deal this year"},"content":{"rendered":"


\nHong Kong-based Far East Consortium (FEC) has sold its four-star 267-room Dorsett City London Hotel in Aldgate High Street for \u00a3115 million (US$162.1 million), the company said.FEC units Mazuma Holdings and Dorsett Hospitality (UK) agreed to sell the property to Aldgate Hotel Bidco, a unit of US-based Highgate Hotels and Cerberus Capital Management. The sale is likely to give FEC, the largest operator of three-star hotels in Hong Kong, a recorded gain of about \u00a350 million. FEC started operating\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong firm Far East sells four-star Dorsett London for US2 million in what could be British capital\u2019s biggest hotel deal this year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong-based Far East Consortium (FEC) has sold its four-star 267-room Dorsett City London Hotel...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-120640","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vnO","jetpack-related-posts":[{"id":147320,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-investors-turn-to-japans-hotels-as-funds-tourists-soar-to-record-high\/","url_meta":{"origin":120640,"position":0},"title":"Hong Kong investors turn to Japan\u2019s hotels as funds, tourists soar to record high","date":"October 6, 2024","format":false,"excerpt":"\r Japan\u2019s low interest rates and booming tourism are attracting investors like the Chiu family and Dorsett Hospitality International.\r \r Source : South China Morning Post\r Read more...Hong Kong investors turn to Japan\u2019s hotels as funds, tourists soar to record high","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123100,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-firm-far-east-consortiums-mortgage-arm-eyes-market-down-under-acquires-stake-in-local-non-banking-lender\/","url_meta":{"origin":120640,"position":1},"title":"Hong Kong firm Far East Consortium\u2019s mortgage arm eyes market Down Under, acquires stake in local non-banking lender","date":"November 9, 2021","format":false,"excerpt":"\r The mortgage arm of Hong Kong-based developer Far East Consortium (FEC) has acquired a 53 per cent stake in Australian non-banking lender Mortgageport as part of a strategic partnership.Mortgageport has provided home loans to more than 15,000 customers and has more than A$1.5 billion (US$1.1 billion) of mortgage assets\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mystery-hong-kong-buyer-completes-us13-4-million-corinthia-hotel-london-penthouse-deal-in-just-72-hours\/","url_meta":{"origin":120640,"position":2},"title":"Mystery Hong Kong buyer completes US$13.4 million Corinthia Hotel London penthouse deal in just 72 hours","date":"September 19, 2019","format":false,"excerpt":"\r A Hong Kong multimillionaire has bought a penthouse at the Corinthia Hotel London for \u00a310.75 million (US$13.4 million) in a deal that was sealed in 72 hours, property agents Aston Chase on Thursday.The identity of the buyer remains unknown. Aston Chase said in a press release that the buyer\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73047,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-overtakes-london-as-the-worlds-most-expensive-urban-centre-for-renting-an-office\/","url_meta":{"origin":120640,"position":3},"title":"Hong Kong overtakes London as the world\u2019s most expensive urban centre for renting an office","date":"November 28, 2017","format":false,"excerpt":"\r It\u2019s official: Hong Kong, the world\u2019s most expensive city to live in, is also the planet\u2019s most expensive urban centre for renting an office. Hong Kong\u2019s office space rent, measured by workstation, surpassed London for the first time since 2013, as Britain\u2019s decision to withdraw from the European Union\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124490,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-are-betting-on-london-for-its-high-rental-yields-amid-bn-o-visa-scheme-says-kk-properties-boss\/","url_meta":{"origin":120640,"position":4},"title":"Hong Kong developers are betting on London for its high rental yields amid BN (O) visa scheme, says K&K Properties boss","date":"February 7, 2022","format":false,"excerpt":"\r Hong Kong developers are increasing their investments in London, betting on higher yields as more Hongkongers head to the UK under the British National (Overseas) visa scheme.There has been a surge of Hong Kong money going into the UK\u2019s property markets in the last two years, according to Kino\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adia-sells-off-a-slew-of-hotels-in-australia\/","url_meta":{"origin":120640,"position":5},"title":"Adia sells off a slew of hotels in Australia","date":"December 22, 2016","format":false,"excerpt":"\r The Abu Dhabi Investment Authority (Adia), the world's third-largest sovereign wealth fund, has sold 15 hotels in Australia to the French hotel owner and operator AccorHotels for AUD$200 million, the French hotel operator said yesterday.A wholly owned subsidiary of Adia involved in the transaction offloaded the Ibis and Ibis\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120640"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=120640"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/120640\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=120640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=120640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=120640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}