Stamford hotel empire on the block in $1bn portfolio play
Singaporean tycoon CK Ow is bringing his portfolio of Stamford hotels around Australia to market with hopes of reaping about $1bn, in the largest portfolio to hit the block in more than a decade. The legendary investor, who owns and runs the hotels through the Singapore-listed Stamford Land Corporation, is hoping to find a buyer willing to keep his famed brand on the hotels.