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Andrew Moore, Schroders

Schroders Marketing Commercial Floor at Kowloon Complex After Cancelled Auction

2025/01/05 by Christopher Caillavet Leave a Comment

Fund manager Schroders is having another crack at selling a Hong Kong commercial floor after a planned auction last year failed to take place.

The third floor of the Harbourfront Landmark, a residential and commercial complex in Kowloon’s Hung Hom… Read More>>

Chen Hongtian of Cheung Kei

Receivers Sell Former Cheung Kei Hong Kong HQ at 62% Off as Banks Take Haircut

2024/11/27 by Kevin He Leave a Comment

Hong Kong Metropolitan University (HKMU) has agreed to buy a Kowloon office building that once served as the Hong Kong headquarters building of defaulted mainland property firm Cheung Kei Group, after the asset lost nearly two thirds of its value… Read More>>

Chen Hongtian of Cheung Kei

Sale of Kowloon Office Block Faces Hurdles as $385M China Mobile Offer Reported

2024/11/18 by Kevin He Leave a Comment

China Mobile is reportedly in talks to acquire the former Hong Kong headquarters building of defaulted mainland property firm Cheung Kei Group, after the grade A office asset lost nearly two thirds of its value over the past two years.

… Read More>>

Chen Hongtian of Cheung Kei

Receivers Field Offers for Former Cheung Kei Hong Kong HQ After 64% Drop in Value

2024/08/23 by Kevin He Leave a Comment

Receivers for creditors of Cheung Kei Group have received at least two offers for the defaulted mainland property firm’s former Hong Kong headquarters after the grade A property lost nearly two-thirds of its value over the past two years.

Market… Read More>>

Hong Kong Metropolitan University president Paul Lam Kwan-sing

University Buys Hong Kong Hotel for $128M as Mainland Enrollment Surges

2024/07/01 by Kevin He Leave a Comment

Hong Kong Metropolitan University (HKMU) has acquired a 255-key hotel in Kowloon’s Hung Hom area for use as student housing, as the educational institution seeks to expand its accommodation space amid an influx of mainland Chinese students in the city.

… Read More>>

Creditors Marketing Mainland Developer’s $890M Hong Kong HQ After Default

2023/05/09 by Christopher Caillavet Leave a Comment

A Hong Kong commercial building seized from China’s Cheung Kei Group in March has been put up for sale by the company’s creditors, adding to the list of distressed trophy assets being marketed in the city.

Savills is the sole… Read More>>

Chen Hongtian of Cheung Kei

Creditors Seize Cheung Kei Hong Kong HQ, Chairman’s Luxury Homes

2023/03/30 by Beatrice Laforga Leave a Comment

China’s Cheung Kei Group is adding to the grand mainland investor fire sale in Hong Kong with market sources confirming that the group’s corporate headquarters in Kowloon is being repossessed by Hang Seng Bank, while two luxury residences belonging to… Read More>>

AEW, Jason Lee

AEW Buys Hong Kong Hotel From Chuang’s Consortium for $210M

2021/12/21 by Beatrice Laforga Leave a Comment

AEW Capital Management has agreed to purchase a Kowloon hotel from Chuang’s Consortium International Ltd for HK$1.65 billion ($210 million) as hospitality to rental residential conversions come into vogue amid Hong Kong’s extended travel slump.

The Boston-based fund manager has… Read More>>

HDL representative at JLL auction event

Henderson Acquires Kowloon Building for $62M to Sew Up 1M Sq Ft Project

2021/03/25 by Christopher Caillavet Leave a Comment

Henderson Land Development has completed a more than decade-long consolidation of a site for a redevelopment project in Hong Kong’s Hung Hom area as it bought up the last pieces of an eight-storey building for HK$482 million ($62 million).

After… Read More>>

WONG Ho Ming, Augustine Henderson

Compulsory Sale Moves Henderson Closer to 1M SqFt Kowloon Project

2019/08/04 by Jan Kot Leave a Comment

Henderson Land Development has moved a step closer to consolidating a site for a 1 million square foot mixed-use project in Kowloon’s Hung Hom area, thanks to a judicial ruling last week.

Hong Kong’s Lands Tribunal last week approved an… Read More>>

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