Hong Kong-based developer Far East Consortium (FEC) has been selected as lead developer on Manchester's £1 bn (€1.2 bn) Northern Gateway project, which aims to build 10,000 new homes in the UK's northwest.
Hong Kong-based developer Far East Consortium (FEC) has been selected as lead developer on Manchester's £1 bn (€1.2 bn) Northern Gateway project, which aims to build 10,000 new homes in the UK's northwest.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.