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Goldin Financial Global Centre 2

PAG, Mapletree Confirm $713M Buy of Hong Kong’s Goldin Financial Global Centre

2023/01/12 by Christopher Caillavet Leave a Comment

PAG and Mapletree Investments said Thursday that they have agreed to form a joint venture to acquire Hong Kong’s Goldin Financial Global Centre from the property’s receivers for HK$5.6 billion ($713 million), confirming a Mingtiandi report from last month.

The… Read More>>

Sun Hung Kai Raymond Kwok

SHKP Wins Kowloon East Commercial Site for $38M

2022/11/25 by Iris Hong Leave a Comment

Sun Hung Kai Properties has bested three competing bidders to win a tender for a retail site in Hong Kong’s Kowloon East, at a price more than 50 percent less per square foot than what Link REIT paid in late… Read More>>

kristoffer harvey goodman

Goodman Said Planning Buy of a Floor in Kowloon Industrial Building for $46M

2022/09/28 by Pawara Laothamatas Leave a Comment

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>>

George Hongchoy, Executive Director & Chief Executive Officer, Link REIT

Link REIT Wins Kowloon East Commercial Site With $97M Bid

2022/09/01 by Christopher Caillavet Leave a Comment

If questions remained about Hong Kong-based Link REIT’s dedication to the hometown cause, they should be laid to rest after Asia’s largest listed trust bested four other bidders to clinch a Kowloon East commercial site for HK$766 million ($97.6 million).

… Read More>>

alkan au jll

Hong Kong’s URA Rejigs $5B Project in Kowloon

2022/08/03 by Pawara Laothamatas Leave a Comment

Hong Kong’s Urban Renewal Authority is preparing for a HK$46 billion ($5.8 billion) mixed-use project in Kowloon, having submitted an application to the Town Planning Board late last month revising a development plan for a site in Kwun Tong.

The… Read More>>

Wheelock's Peter Woo

Wheelock Closes in on $2.5B Residential Project in Kowloon Bay

2022/07/11 by Pawara Laothamatas Leave a Comment

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>>

Nick Tang Wang On

Wang On Reportedly Acquires Yau Tong Industrial Building for $74M

2022/01/19 by Pawara Laothamatas Leave a Comment

Wang On Properties looks set to add another suburban residential project to its pipeline as the Hong Kong-listed developer has been identified as the buyer behind the recent HK$580 million ($74.5 million) purchase of a more than 80 percent piece… Read More>>

damian green manulife

Manulife Puts Name on Third HK Tower After Signing City’s Biggest Lease of 2021

2021/12/13 by Pawara Laothamatas Leave a Comment

Canadian financial services firm Manulife now has a third office tower in Kowloon East bearing its trademarks as PAG’s International Trade Tower has been rebranded under the name of its anchor tenant.

“We are excited to broaden our footprint into… Read More>>

David-Chiu Far East Consortium

Far East Consortium Selling Kai Tak Commercial Project to CLP for $433M

2021/12/07 by Pawara Laothamatas Leave a Comment

Hong Kong-listed Far East Consortium has agreed to sell the commercial portion of a project on the former Kai Tak airstrip for a consideration of HK$3.38 billion ($433.3 million), just two weeks after joining with New World Development to acquire… Read More>>

Ma Ah-muk

Hong Kong’s Minibus King Sells Kwun Tong Industrial Building for 35% Off

2021/11/28 by Pawara Laothamatas Leave a Comment

Hong Kong’s local investors are taking advantage of the city’s accelerating industrial market, with “Minibus King” Ma Ah-muk recording an en-bloc disposal of a Kwun Tong industrial building this month for HK$390 million ($50 million), or HK$6,657 per square foot.

… Read More>>

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