Hong Kong property investor Lai Wing-To has sold a serviced apartment block in the city’s Wan Chai area, as the “Ten Billion Shop King” continues to sell down his property portfolio amid plunging commercial real estate valuations in the Asian… Read More>>
Singapore Fund Manager Buys London Asset From Hong Kong’s Lai Wing-to for $46M
A recently established Singapore fund manager has made its maiden acquisition, picking up a commercial building in London’s Soho area from Hong Kong investor Lai Wing-To for around £35 million ($45.7 million), according to a statement on 21 August.
HECapital,… Read More>>
HK Investor Lai Wing-to Marketing London West End Buildings as Asset Sales Continue
Hong Kong investor Lai Wing-to is shopping a trio of mixed-use properties in London’s posh West End area, reversing a decade of acquisitions in the British capital as commercial property values decline and retail sales remain subdued both at home… Read More>>
Hong Kong Investor Selling Down $1.9B Property Portfolio as Commercial Slump Drags On
A Hong Kong investor who once estimated his direct property holdings at HK$15 billion (US$1.9 billion) has put his HK$460 million oceanfront mansion on the block and is marketing a pair of commercial assets in Causeway Bay and Central together… Read More>>