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Lin Tsz-Fung AKA Hugo Lam Chi-Fung

Best Mart 360 Boss Marketing Causeway Bay Building After Cutting Price 54%

2024/10/07 by Kevin He Leave a Comment

Mainland property investor Lin Tsz-Fung is marketing a commercial building in Hong Kong’s Causeway Bay area at less than half of what he was seeking for the property six years ago.

Lin, a co-founder of HKEX-listed retailer Best Mart 360… Read More>>

Sunac Guangzhou

Sunac China Sweetens Offshore Debt Deal and More Asia Real Estate Headlines

2023/03/29 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, developer Sunac China reaches a deal with holders of 30 percent of its offshore debt, and Best Mart 360’s co-founders enter an agreement to sell a large stake in the Hong Kong store… Read More>>

Hugo Lin Tsz Fung

Hugo Lam’s Best Mart 360 to Sell 49% Stake to State-Owned China Merchants Group

2022/08/28 by Christopher Caillavet Leave a Comment

Best Mart 360, the Hong Kong retail chain controlled by local property investor Hugo Lam (Lin Tsz Fung), revealed this week that it had entered into a tentative deal to sell a 49 percent stake in the company to state-owned… Read More>>

Hugo Lin Tsz Fung

China Resources Buying Mall in Hong Kong’s New Territories for $170M

2022/06/23 by Beatrice Laforga Leave a Comment

A unit of China Resources Group has picked up the group’s fifth major Hong Kong property over the past year with its purchase of a shopping complex in the New Territories from mainland investor Hugo Lam Chi-fung for a record… Read More>>

David chan ping chi

Unnamed Mainland Investor Buys Floor of Hong Kong’s the Center for HK$1.1B

2019/05/06 by Dorothy Ma Leave a Comment

Hong Kong tycoon David Chan Ping-chi has taken a step towards cashing out his holdings in the Center on Hong Kong’s Queen’s Road, selling a floor in the office building nearly two years after joining a consortium which acquired the… Read More>>

Hanison and Angelo Gordon Sell Sheung Wan Building to Hugo Lam for HK$1.1B

2018/05/15 by Shawna Kwan 2 Comments

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>>

LHart Causeway Bay

Hugo Lam Puts Causeway Bay Tower on the Market and More Hong Kong Real Estate Headlines

2018/05/08 by Shawna Kwan Leave a Comment

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>>

Lam Chi-fung

Hugo Lam Buys Kwun Tong Industrial Site for HK$1.6B With Plans for New Office Project

2018/04/21 by Shawna Kwan Leave a Comment

One of Hong Kong’s most aggressive real estate speculators is making good on a pledge of love for Kowloon East, as Hugo Lam Chi-fung has scooped up a Kwun Tong industrial site for HK$1.6 billion ($204 million).

This latest real… Read More>>

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MTD TV

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