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Stan Tang

Stan Group Sells Hong Kong Industrial Building to China Resources for $290M

2021/07/29 by Christopher Caillavet Leave a Comment

In Hong Kong’s biggest en-bloc industrial transaction this year, local property firm Stan Group has sold the East Asia Industrial Building (Phase One) in the New Territories for HK$2.24 billion ($290 million).

The asset sale is the fourth in less… Read More>>

Tang Shing-Bor farwell pic

Hong Kong ‘Shop King’ Tang Shing-bor Dies at 88

2021/05/17 by Christopher Caillavet Leave a Comment

Tang Shing-bor, a property tycoon whose sprawling portfolio of retail assets brought him fame as the “Shop King” of Hong Kong, has died at age 88.

According to a statement released by his family, Tang died peacefully in Hong Kong… Read More>>

Global Switch HK HQ

Data Centre Player Global Switch Fishes for Buyers and More Asia Real Estate Headlines

2021/01/06 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a UK data centre operator’s Chinese owners consider selling out, a Korean sovereign wealth fund shakes up its leadership, and Hong Kong’s “Shop King” is sued over an unpaid debt.

… Read More>>

Uherské Hradiště

Cromwell E-REIT Buying Euro Sheds for $137M and More Asia Real Estate Headlines

2020/12/13 by Michael Cole Leave a Comment

A European industrial acquisition leads today’s set of real estate news from around the region, as a Singapore-listed REIT expands its holdings on the Continent.

Also in the news, a Blackstone-backed Indian REIT is aiming to raise… Read More>>

Redevelopment Specialist Lofter Buys Kowloon Project for HK$347M

2020/11/26 by Elizabeth Kerr Leave a Comment

Hong Kong’s investment sector may be reeling from nearly two years of turmoil, but local developer Lofter Group envisions a bright future. On 24 November, the redevelopment specialist and partner Alphalex Capital agreed to acquire 1-7 Ki Lung Street in… Read More>>

Tang-Shing-bor-1

Hong Kong’s Shop King Puts Wanchai Asset on Market for HK$450M

2020/08/05 by Diana Li Leave a Comment

Hong Kong’s ‘Shop King’ Tang Shing-bor has put a building in Wanchai up for sale at HK$450 million ($58 million), marking the fourth time this year that one of the city’s most prolific property investors has put assets on the… Read More>>

tang shing bor

China Resources Unit Said Buying HK Industrial Asset for HK$820M

2020/07/13 by Diana Li Leave a Comment

A branch of one of China’s largest state-owned conglomerates is growing its footprint in Hong Kong with the HK$820 million ($106 million) purchase of an industrial asset in the eastern New Territories, as mainland players return to the Hong Kong… Read More>>

tang shing bor

Hong Kong Shop King’s Try at HK$1.5B Sale Signals Shift to Senior Living

2020/05/25 by Stephanie Li Leave a Comment

Hong Kong’s “Shop King”, Tang Shing-bor, has put a portfolio of commercial and residential properties on the market for a combined HK$1.5 billion ($190 million), according to a local news report.

Property consultancy Savills, which is marketing the Kowloon and… Read More>>

tang shing bor

Shop King Buying 3 Retail Units for HK$1B and More Hong Kong Real Estate Headlines

2020/05/05 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, “Shop King” Tang Shing-bor has braved the property market downturn to buy a trio of retail properties for $HK1 billion ($130 million), while an investor consortium is said to have backed out of… Read More>>

H1 Hotel

Tang Shing-bor Bails on HK$328M Hotel Buy and More Hong Kong Real Estate Headlines

2020/04/18 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, evidence of a downturn continues to dominate as “Shop King” Tang Shing-bor is said to have forfeited a HK$32.8 million ($4.23 million) initial payment in order to back out of Kowloon hotel purchase.

… Read More>>

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