Friday 25 May
Powered by Ajaxy
Apr 25, 2016 @ 7:55

Razon to build new casino in QC


Bilyonaryo Enrique K. Razon Jr.’s Bloomberry Resorts Corp. plans to build a hotel with casino in a 1.5-hectare property in Quezon City.

“We will probably start developing that property next year. It will be a mixed-use development similar to Solaire with hotel and casino,” Razon said referring to the Solaire Resorts & Casino in Pagcor Entertainment City in Paranaque.

Surestre Properties Inc., the hotel and resort development arm of Bloomberry, acquired a 1.56-hectare property within Vertis North, an Ayala-led development, in Quezon City for P1.97 billion last year.

Sureste bagged the property after submitting a negotiated offer to the National Housing Authority, after two failed bids where the Bloomberry unit was the lone bidder.

Vertis North is a 45-hectare master planned development in the North Triangle property, including Trinoma mall.
Apart from the $1.2-billion Solaire Resort & Casino, Bloomberry has since ventured overseas, including a hotel and casino project on Jeju Island, a 20.96-hectare property in Silmi Island, and a 12.20-hectare property on Muui Island, all South Korea.

It also plans to put up a new integrated resort in Cyprus, Argentina, Taiwan and Japan.

Tags: , , , , , ,

Related Stories
The country’s top bilyonaryos came together on a rare occasion to sign a historic construction
From real estate development, Mariana Zobel now takes part in retail and finance.
The Ayala group, SM Prime Holdings, and San Miguel Corp. are in talks to put


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.