Does any of our readers know what the lastest status on this is?

If all goes according to plan, the condos at Melco PBL’s City of Dreams Macau casino development will carry the Trump International brand name, enabling Melco to ask premium pricing for the units.

A few months back according to The Street, sources familiar with the local market say that Trump International has been looking to team up with Melco for a development in the region.

The possible partnership appeared to get more credence, when a sales call between Citigroup’s Hong Kong office and institutional investors mentioned the likelihood of a deal between the two parties, according a buy-side source on the call. Citigroup, Melco and Trump International, Donald Trump’s private real-estate development arm, could not be reached for comment.

City of Dreams, will be Melco’s second casino in Macau. It is set to open in early 2009. The company’s first local casino, Crown Macau, opened last May.
The condo-hotel units at City of Dreams will eventually total 1.3 million square feet. The 650 units are set for completion by the end of 2009, and the company plans to presell some units ahead of completion, according to The Street.

City of Dreams will sit right next door to the Venetian Macau, set to be the world’s largest casino when Las Vegas Sands opens the property this summer on the Cotai Strip.

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