FEC is an international developer and operator of residential, hospitality, and commercial ventures. Since expanding from its Hong Kong roots, the Group has launched operations in 10 countries, with particular focus on mixed-use and residential developments in the Asian and Australian markets.
Since it was listed on the Hong Kong stock exchange in 1972, FEC has gone from strength to strength, operating in 10 countries and taking on over 4000 employees internationally. The Group has accrued a diverse and highly acclaimed portfolio of quality residential properties across Australia, Mainland China, Hong Kong, Malaysia and Singapore. Its strategic “build-to-sell” approach capitalises on local demand in key Asian cities and has helped the Group rapidly realise its investment and strengthen its position in the market. Additionally, FEC also has extensive experience and success in the hospitality, car parking, gaming, and entertainment sectors.
FEC holds a strategic investment in Dorsett, one of Asia’s fastest growing hotel groups. Dorsett serves a variety of market segments through its three distinct brand identities: the boutique d.Collection, the upscale Dorsett Hotels & Resorts, and the value-led Silka hotels. This diverse strategic offering has made FEC a major name in the Asian hospitality sector.
Since expanding its operations into the Australian market in 1994, the Group has built a strong presence in Australia, starting with the development of Rockman’s Regency Tower, one of Melbourne’s first high rise residential buildings. Following the success of this project, FEC went on to develop mixed-use and residential sites in Melbourne, Perth and the Gold Coast, including The Towers at Elizabeth Quay in Perth, which sold a record-breaking $100 million of apartments on the first day.
In 2009, FEC diversified its Australian portfolio further by entering the car park business with the acquisition of a 74% stake in leading car park owner and operator, Care Park Group. Offering a full-service car parking service, Care Park currently boasts a combined value of over $350 million and represents a key milestone in FEC’s growth.
Since 2011, FEC has invested heavily in its UK and mainland Europe developments. The Group currently has over £600m committed expenditure allocated to its various UK sites, including the landmark redevelopment of the iconic Hornsey Town Hall in London’s Crouch End. This ambitious project comprises a collection of high quality residential units, a 67 key serviced aparthotel managed by Dorsett, and a community arts centre.
The Group’s other London developments include Dorsett Shepherd’s Bush and City hotels, with a combined capacity of over 600 rooms. It is also set to develop Consort Place, a mixed-use development located in Canary Wharf which comprises a collection of residential units alongside a hotel, school and health centre.
FEC is the Joint Venture partner of Manchester City Council, having been selected to develop the Northern Gateway, a regeneration scheme which will deliver up to 15,000 new residential homes across a range of typologies and bring significant growth to the city. Sites include MeadowSide, a collection of 756 high specification residential apartments, penthouses and townhouses, and Victoria Riverside, which is set to provide approximately 600 residential units. In addition to this, FEC will also develop a further 80 homes at New Cross Central, and also operates the UK’s first Care Park car parking site which provides approximately 2,000 parking spaces close to Manchester Airport.