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cityplaza one

Gaw Seeks to Refinance Hong Kong’s Cityplaza One and More Asia Real Estate Headlines

2024/12/09 by Michael Cole Leave a Comment

Fund manager Gaw Capital Partners tries to refinance the debt used to buy a Hong Kong office tower, with that story leading Mingtiandi’s headline roundup today. Also in the news, Citigroup takes a hit on a block trade in Goodman… Read More>>

Goldin Financial Global Centre 2

PAG, Mapletree Confirm $713M Buy of Hong Kong’s Goldin Financial Global Centre

2023/01/12 by Christopher Caillavet Leave a Comment

PAG and Mapletree Investments said Thursday that they have agreed to form a joint venture to acquire Hong Kong’s Goldin Financial Global Centre from the property’s receivers for HK$5.6 billion ($713 million), confirming a Mingtiandi report from last month.

The… Read More>>

Kapolei West, Oahu, Hawaii

Oceanwide Completes Sale of Hawaii Site and More Asia Real Estate Headlines

2022/12/29 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, China Oceanwide unloads a Hawaiian development site at an amended price, Goldin’s Guangzhou commercial project fails to sell at auction for a second time, and Singapore’s SPH REIT gets a rebranding.

Read More>>

Former Goldin chairman Pan Sutong

Goldin Financial Global Centre Sells Again, PAG-Mapletree JV Reported as Buyer

2022/12/18 by Pawara Laothamatas Leave a Comment

Following a series of failed tenders and cancelled sales of Hong Kong’s Goldin Financial Global Centre (GFGC) over the past two years, liquidators of the former headquarters of Goldin Financial Holdings are said to have reached a deal to sell… Read More>>

Former Goldin chairman Pan Sutong

Liquidators Take Control of Goldin Financial Holdings After Court Order

2022/11/17 by Christopher Caillavet Leave a Comment

Just weeks after the latest failed sale of the Goldin Financial Global Centre, joint provisional liquidators have taken full control of Hong Kong-listed Goldin Financial Holdings.

The firm’s security trustee, Deutsche Bank affiliate DB Trustees (Hong Kong) Ltd, on 30… Read More>>

pan sutong trophy

Fresh Lawsuit Said Filed Over Failed Sale of Goldin’s Hong Kong Tower

2022/11/07 by Christopher Caillavet Leave a Comment

Late September’s news that the Goldin Financial Global Centre had finally sold after a two-year struggle for the Hong Kong office tower appears to have been premature, according to local media reports of a new legal case involving the property.

… Read More>>

pan sutong trophy

Hong Kong’s Goldin Financial Global Centre Sold After Two Year Battle

2022/09/21 by Michael Cole Leave a Comment

Hong Kong’s Goldin Financial Global Centre has sold after a two year struggle over the Kowloon East office tower.

A social media post by Savills, which has been managing a tender of the 28-storey building on behalf of creditors stiffed… Read More>>

Pan Sutong

HK Court Orders Goldin’s Pan to Wind Up Holding Firm After $1B Default

2022/07/12 by Christopher Caillavet Leave a Comment

Hong Kong’s high court has ordered Pan Sutong to wind up his holding firm and file for bankruptcy after the mainland tycoon failed to repay HK$8 billion ($1 billion) borrowed five years ago to finance the privatisation of his Goldin… Read More>>

Goldin Financial Global Centre

Goldin Skyscraper Deal Falls Flat And More Asia Real Estate Headlines

2022/05/31 by McDowell Ramintas Leave a Comment

In today’s roundup of regional news headlines, the agreed sale of Goldin Financial’s Hong Kong skyscraper fails to culminate, mainland developer Jinke defaults on an onshore debt payment, and Singapore’s Mapletree Investments reports an annual profit increase.

… Read More>>

Pan Sutong

Suit Filed as Receivers Relaunch Sale of Hong Kong’s Goldin Financial Global Centre

2022/05/18 by Pawara Laothamatas, Michael Cole 2 Comments

A mysterious businessman who has been said to be in the process of buying the Goldin Financial Global Centre (GFGC) since late 2020 filed suit this week in an attempt to block the sale of the Kowloon East trophy tower… Read More>>

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