Genting signs deal to dispose of Miami land for RM5.4bil FMTNews FMTBusiness
Property prices have risen extensively since 2011 when Genting Malaysia invested in the four parcels of land in Miami.
The four parcels of land, on which the Miami Herald newspaper office was originally located, collectively have an area of 16 acres . An extensive land transport system connects the area to the Miami International Airport, South Florida’s financial centre Brickell, the South Beach as well as emerging hotspots such as Edgewater, Wynwood Art District and Design District, a luxury shopping destination in South Florida.
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