Dream Tower

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    Jeju Dream Tower to be built by Chinese construction company

    China State Construction Engineering Corporation (CSCEC) has been selected as the main builder for the 700 billion won high rise resort in Jeju Island, local media reports. The multi-complex resort, owned by Lotte Tour and Chinese real estate company Greenland Group will also include a casino for foreigners, shopping malls and 1,626 hotel rooms. The […]

    Lotte Tour set to develop Jeju’s second IR

    South Korea’s Jeju Island looks set to get a second major foreigners-only integrated casino resort after Lotte Tour Development took over the Dream Tower Resort from privately held affiliate Dongwha Investment and Development Co.  Lotte agreed to pay out 5.7 million shares, worth about $85 million for the injection of the IR.  According to Union […]