Hong Kong-based builder Hanison Construction Holdings has put up for sale a 55-unit serviced apartment building in the city’s Sheung Wan district, as the firm controlled by the Cha family behind local developer HKR International seeks to boost its liquidity.
Brookfield Buys More Space to Expand RedBox Self-Storage Portfolio in Hong Kong
Brookfield is beefing up its self-storage portfolio with an acquisition in eastern Hong Kong Island from local builder Hanison Construction which marks its third reported investment in the sector so far this year.
The Canadian investment giant this week took… Read More>>
Brookfield Buys Hong Kong Storage Space From Hanison for $27M After Acquiring RedBox
Brookfield has agreed to acquire industrial assets in Hong Kong’s New Territories from Hanison Construction for HK$211.3 million ($26.9 million), following closely behind the Canadian asset management giant’s under-the-radar purchase of local self-storage operator RedBox.
The assets comprise workshops 1… Read More>>
Hanison Selling Hong Kong Building Stake to AEW as Disposal Streak Continues
Hanison Construction Holdings has agreed to sell a half-stake in an eastern Hong Kong Island logistics asset and its full ownership in a Kowloon East industrial building for a combined HK$933 million ($120 million).
Hanison, controlled by the Cha family… Read More>>
Hanison Sells Half-Stake in Kowloon Project to Angelo Gordon as HK Market Revives
A set of deals announced at the end of March points to a continued thawing of Hong Kong’s property investment market and heightened prospects for urban redevelopment projects in the city.
Hanison Construction, controlled by the Cha family behind developer… Read More>>
HKRI, Hanison Chairman Payson Cha Said to Pass Away at Age 77
Tycoon Payson Cha is reported to have passed away at age 77 due to a recurrence of pancreatic cancer, according to an account in Hong Kong’s Sing Tao daily.
Cha, who chaired developers Hong Kong Resorts International (HKRI) and Hanison… Read More>>
Hanison Seeks Buyer for HK$370M Kowloon Commercial Tower
Hanison Construction Holdings is seeking a buyer for a newly refurbished commercial property in Kowloon valued at HK$370 million ($48 million) – more than double the price the company paid for the property in 2017.
Payson Cha’s Hong Kong-listed firm… Read More>>
Hanison Said Offering Pamfleet HK$930M for Hong Kong Hotel
Hanison Construction Holdings is said to be in due diligence on a Travelodge hotel in Hong Kong’s most expensive district, after offering a reported HK$930 million ($120 million) for the mid-scale hotel, according to two people familiar with the matter.
Hanison Seals HK$741M Deal to Buy Hong Kong Tower From CapitaLand
Despite the impact on Hong Kong’s hotel industry after months of escalating social unrest, a select number of players are doing some bargain hunting in the Asian financial hub.
Among the most active purchasers this year has been Payson Cha’s… Read More>>
Hanison, China Merchants Capital Sell Industrial Project to HK Shop King for HK$1.1B
Hong Kong “Shop King” Tang Shing-bor has entered into a sale and purchase agreement with a joint venture between Hanison Construction Holdings and a fund managed by China Merchants Capital to buy a Kwai Chung industrial building for HK$1.1 billion… Read More>>