Hong Kong development giant Far East Consortium International Ltd (FEC) says the acquisition of an additional 25% equity share in Destination Brisbane Consortium (DBC) from Australia’s Star Entertainment Group provides an opportunity to achieve “operational improvement” at DBC’s Queen’s Wharf Brisbane integrated resort – also known as The Star Brisbane.
Releasing its financial results for the year ended 31 March 2026 on Thursday, FEC said it “remains confident in its long-term growth prospects and value creation” that Queen’s Wharf Brisbane presents, “particularly in the light of the 2032 Olympic Games [in Brisbane]. ”
DBC was initially formed as a three-way partnership under which Star held 50% and both FEC and fellow Hong Kong investor Chow Tai Fook (CTF) each held 25%.
