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Macau luxury property The 13 Hotel sells for HK$600 million to a local buyer

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The 13 Hotel, touted as one of the world’s most expensive hotels, has been acquired for HK$600 million (US$76.43 million) by an unidentified investor in Macau, the city’s first such property transaction in eight years.The sale of the 22-storey lodging in Macau’s southernmost district of Coloane concluded a five-year search for a buyer, Savills Macau managing director Franco Liu said on Wednesday.The acquisition was Macau’s first hotel transaction since the fourth quarter of 2017, according to...




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