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>>
Hong Kong Building Next to Hanison Acquisition in Chai Wan Sells for HK$948M
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>>
Hanison Selling Apartment Tower in Hong Kong’s Sai Ying Pun for HK$420M
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>>
Blackstone Sells HK Self-Storage Business to Hanison for HK$735M
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>>
Hanison Said to Offer HK$1.9B for Kingboard’s Hong Kong Office Block
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>>
Hanison Buys Kowloon East Industrial Building for HK$489M
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.
CapitaLand Sells HK Serviced Apartment Building to Hanison for $93M
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>>
Hanison, PAG Sell Kowloon Office Tower by the Floor and More Hong Kong Real Estate Headlines
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
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>>
Kowloon Commercial Building Close to HK$2.5B Sale and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a commercial building in Jordan, one station north of Tsim Sha Tsui, is said to be close to be disposed of for HK$2.5 billion as investor interest in Kowloon commercial properties continues to… Read More>>