Asia real estate and outbound investment news
Just weeks after the latest failed sale of the Goldin Financial Global Centre, joint provisional liquidators have taken full control of Hong Kong-listed Goldin Financial Holdings.
The firm’s security trustee, Deutsche Bank affiliate DB Trustees (Hong Kong) Ltd, on 30… Read More>>
Hong Kong’s high court has ordered Pan Sutong to wind up his holding firm and file for bankruptcy after the mainland tycoon failed to repay HK$8 billion ($1 billion) borrowed five years ago to finance the privatisation of his Goldin… Read More>>
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>>
Receivers controlling the Goldin Financial Global Centre (GFGC) in Hong Kong on Monday struck back at a Friday statement by Goldin Financial Holdings suggesting that it would continue to market the 28-storey tower.
Corporate restructuring firm Borrelli Walsh, which is… Read More>>
While not every developer can own Hongkong Land’s blue-chip portfolio or boast of China Evergrande’s ability to defy financial gravity, Goldin Financial Holdings has gained distinction in its own right this year by becoming perhaps the region’s most unpredictable real… Read More>>
Goldin Financial Holdings is continuing its efforts to pay off past-due debts as the Hong Kong-listed company announced on Friday that it had reached a deal to dispose of a financing business for just over HK$2 billion ($260 million).
In… Read More>>
Last week Pan Sutong’s Goldin Financial Holdings announced that creditors had seized its Kowloon East headquarters, now local media reports indicate the billionaire real estate boss has had to remortgage his mansion and borrow against his shares in the Hong… Read More>>
Goldin Financial is abandoning its HK$11.1 billion ($1.41 billion) purchase of a commercial site on the former runway of Hong Kong’s Kai Tak airport, citing the city’s economic and social instability as motivation for its decision.
The aborted land buy… Read More>>
Working on a short week Hong Kong’s real estate investors and operators still managed to complete a number of high profile investment and leasing deals before the Easter holiday, including major transactions in the Kai Tak area. The largest deal… Read More>>
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.
