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Hong Kong's Far East Consortium sells student housing to JD.com for $95.6 million
HONG KONG, July 6 : Hong Kong property developer Far East Consortium (FEC) said in a filing published on Monday that it has agreed to sell a student accommodation project to a unit of JD.com for HK$750 million ($95.63 million). • This is the second property JD.com has bought in Hong Kong in less than a year
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caixinglobal.com
JD.com Enters Hong Kong Student-Housing Market With $96 Million Hotel Deal
The e-commerce firm secures guaranteed rental income through a leaseback agreement as mainland investors chase higher returns in a supply-starved market
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channelnewsasia.com
Hong Kong's Far East Consortium sells student housing to JD.com for $95.6 million
HONG KONG, July 6 : Hong Kong property developer Far East Consortium (FEC) said in a filing published on Monday that it has agreed to sell a student accommodation project to a…