INSUBCONTINENT EXCLUSIVE:
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...
