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07/04/2016 14:24

FE Consort to develop hotel & apartment project in Australia

    Far East Consortium International (00035) said its Australian arm, Far East Consortium (Australia) Pty Ltd recently entered into two Memorandums of Understanding with its Queen's Wharf Brisbane partners, Hong Kong-based Chow Tai Fook Enterprises Limited and The Star Entertainment Group Limited through its
various related entities for the development of a 200-metre tower located on the ocean side of The Star's existing Jupiters Integrated Resort which would house around 700 hotel rooms and apartments and another 200-metre hotel/apartment tower at The Star in Sydney featuring a Ritz Carlton hotel and an extension with connectivity to the existing property that would include further food and beverage outlets.

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