Genting

Terra Group's David Martin and Genting Group's Lim Kok Thay with the site of the Miami assemblage

What Terra’s exit from record $1.2B Miami land deal signals for the market

Terra sought extension, amendments to purchase of Genting assemblage

David Martin and Genting Group's Lim Kok Thay with the site of the Miami assemblage

SCOOP: Terra’s $1.2B purchase of Genting’s Miami assemblage called off

Terra-led group was one of 5 bidders offering $1B+

A photo illustration of Terra's David Martin and aerial views of Genting Group's downtown Miami site (Getty, Terra, Genting Group)

David Martin’s $1.2B downtown Miami buy could rally the market

Pending purchase is boosting confidence among buyers and sellers, brokers say