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Property developer Concord loses appeal as tycoons clash over Vancouver icon

January 19, 2022 11:31 AM

VANCOUVER (BLOOMBERG) – A Canadian appeals court ruled against Concord Pacific Group, one of the country’s biggest property developers, in its long-running dispute with Singapore tycoon Oei Hong Leong over a failed US$1.1 billion waterfront deal in Vancouver. The future of the site – a singular, undeveloped swathe in the heart of one of the world’s most expensive cities – remains cloudy.

Source : https://www.straitstimes.com/business/property/property-developer-concord-loses-appeal-as-tycoons-clash-over-vancouver-icon

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