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payson cha

Hanison Confirms Talks to Buy HK Hotel From CapitaLand at Reported HK$800M

2019/08/07 by Jan Kot Leave a Comment

Despite growing uncertainty over the US-China trade war and increasingly violent protests in Hong Kong, a real estate developer controlled by one of the city’s wealthiest families has been actively buying and selling assets.

Hanison Construction Holdings said in a… Read More>>

US Pension Fund Revealed as Backer of HK$420M Buy of HK Apartment Tower

2019/08/01 by James Hatton 2 Comments

The buyer of a serviced apartment building at 111 High Street in Hong Kong has been revealed by market sources as a recently formed private equity fund manager backed by a US pension fund.

Hong Kong-based Crane Capital has agreed… Read More>>

Johnson Place Chai Wan

Hong Kong Building Next to Hanison Acquisition in Chai Wan Sells for HK$948M

2019/07/31 by Jan Kot Leave a Comment

Johnson Electric has sold a converted industrial building in Hong Kong’s Chai Wan for HK$948 million ($121 million), after an attempt to sell the project for HK$1.2 billion via tender late last year failed to result in a sale.

The… Read More>>

Payson Cha Hanison

Hanison Selling Apartment Tower in Hong Kong’s Sai Ying Pun for HK$420M

2019/07/18 by Jan Kot Leave a Comment

Tycoon Payson Cha’s Hanison Construction Holdings has agreed to sell a serviced apartment building in the western district of Hong Kong island for HK$420 million ($53.7 million), earning a 66 percent mark-up on a property which it purchased less than… Read More>>

payson cha

Blackstone Sells HK Self-Storage Business to Hanison for HK$735M

2019/07/17 by Michael Cole Leave a Comment

A pair of funds managed by Blackstone are selling a Hong Kong-based self-storage company to a developer controlled by one of the city’s wealthiest families, according to a stock exchange announcement today.

Hanison Construction, which is majority owned by the… Read More>>

Payson Cha Hanison

Hanison Said to Offer HK$1.9B for Kingboard’s Hong Kong Office Block

2019/03/27 by James Hatton Leave a Comment

A 32-storey commercial building in Hong Kong’s Sheung Wan area is on the verge of being sold for HK$1.9 billion ($242 million) according to local media reports this week, despite the city’s office market during the first quarter of 2019… Read More>>

portrait-cha-mou-sing hanison tb

Hanison Buys Kowloon East Industrial Building for HK$489M

2019/03/14 by Michael Cole 2 Comments

Hanison Construction Holdings has agreed to purchase an industrial building in Hong Kong’s Kowloon East area just five months after the city’s government said it would reboot a program to encourage redevelopment of workshops, warehouses and go-downs for new uses.

… Read More>>

Payson Cha Hanison

CapitaLand Sells HK Serviced Apartment Building to Hanison for $93M

2018/10/04 by Emma Zhou Leave a Comment

Hong Kong real estate developer Hanison Construction on Wednesday announced to the Hong Kong Exchange that it has agreed to purchase a serviced apartment building in Hong Kong’s Sai Ying Pun area for HK$730 million ($93 million).

Hanison, which is… Read More>>

Payson Cha Hanison

Hanison, PAG Sell Kowloon Office Tower by the Floor and More Hong Kong Real Estate Headlines

2018/06/07 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, Hanison Construction is offloading an office building in Cheung Sha Wan, western Kowloon on a strata-titled basis for as much as HK$28.4 million per floor, less than four months after selling a 50… Read More>>

Hanison and Angelo Gordon Sell Sheung Wan Building to Hugo Lam for HK$1.1B

2018/05/15 by Shawna Kwan 2 Comments

Hanison Construction and Angelo Gordon have sold a commercial building in Sheung Wan to a joint venture between mainland investor Hugo Lam and Hong Kong-listed Asia Cassava Resources for HK$1.1 billion ($140 million).

The acquisition by the joint venture provides… Read More>>

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