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.
Goodman Said Planning Buy of a Floor in Kowloon Industrial Building for $46M
Goodman Group is said to be conducting due diligence on a potential purchase of a floor of the Sunshine Kowloon Bay Cargo Centre in Hong Kong, in a deal, which would give the Australian developer ownership of more than a… Read More>>
Hong Kong’s Goldin Financial Global Centre Sold After Two Year Battle
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>>
Wheelock Closes in on $2.5B Residential Project in Kowloon Bay
Wheelock Properties is taking final steps toward building a HK$20 billion ($2.5 billion) residential project in Hong Kong’s Kowloon Bay, having reportedly submitted an application to redevelop an industrial property in the area into 1,782 new homes.
The developer controlled… Read More>>
Suit Filed as Receivers Relaunch Sale of Hong Kong’s Goldin Financial Global Centre
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>>
Goldin’s Pan Sutong Sells Kowloon Bay Project for HK$5B
Pan Sutong, chairman of Hong Kong’s Goldin Group, and the city’s 16th richest man, has sold a commercial site in the Kowloon Bay area for an estimated HK$5 billion ($640 million), according to an account in the Hong Kong press.
Swire Closes on HK$6.5B Sale of Kowloon East Office Project to Pollyanna Chu
Almost two years after agreeing to sell a Kowloon East office project to one of Hong Kong’s richest women, Swire Properties last week finally completed the 25-storey tower and closed the HK$6.5 billion deal.
The blue-chip developer announced to the… Read More>>
Nan Fung Said Poised to Sell Kowloon Bay’s Octa Tower for HK$8B
Nan Fung Group is reportedly close to selling an office tower in Hong Kong’s Kowloon Bay area for HK$8 billion ($1 billion) to a mainland Chinese consortium. The deal, if closed, would be the second-largest real estate transaction in the… Read More>>
Hugo Lam Puts Causeway Bay Tower on the Market and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, property flipping aficionado Hugo Lam has decided that 2018 is prime time to start marketing a ginza-style building in Causeway Bay for HK$1.3 billion, less than a year after purchasing it for HK$965… Read More>>
Mainland Developer Confirms $169M Purchase of Kowloon Space From CSI and Phoenix
Mainland developer Fullsun International has acquired five floors in a Kowloon East office project from CSI Properties and Phoenix Property Investors for HK$1.3 billion ($169 million), a filing by the company shows. Fullsun’s announcement of the deal comes just a week… Read More>>