Casino Boss Acquires Gold Coast Shopping Centre For $85m

It has been reported that Macau gaming billionaire Loi Keong Kuong has purchased the Gold Coast’s Soul Boardwalk shopping centre for approximately $85 million. The vendor is PricewaterhouseCoopers as receiver/managers for Juniper Property Holdings No.15 Pty Ltd, which went into receivership in October 2012.

According to Gold Coast Cityscope, the centre is the three-level plus basement, retail precinct of Soul, an $850 million hotel and residential building. The 6,938 sqm retail centre,…