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>>
Tang Shing-bor Bails on HK$328M Hotel Buy and More Hong Kong Real Estate Headlines
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.
Hong Kong’s Shop King Wins Retail Assets From Unlucky Gambler
As the Hong Kong property market stalls under the pressure of five months of protests, the Asian financial hub’s economic storm has become hunting season as the city’s “Shop King” makes his second opportunistic purchase in three months.
Tang Shing-bor,… Read More>>
Hanison, China Merchants Capital Sell Industrial Project to HK Shop King for HK$1.1B
Hong Kong “Shop King” Tang Shing-bor has entered into a sale and purchase agreement with a joint venture between Hanison Construction Holdings and a fund managed by China Merchants Capital to buy a Kwai Chung industrial building for HK$1.1 billion… Read More>>
HK’s Shop King Swaps Wan Chai Hotel for Sai Kung Site in HK$1.4B Deal
Hong Kong billionaire Tang Shing-bor, known as the city’s “Shop King”, is trading an 80-room hotel in Wan Chai in exchange for a potential housing site in Sai Kung, a suburban area of the city, in a deal that involves… Read More>>
Investors Leong and Tang Put HK$12.5B in Hong Kong Properties Up for Sale
Two of Hong Kong’s best known real estate investors were revealed this week to have put a total of over HK$12 billion ($1.5 billion) worth of local properties on the market, leading to speculation over the market outlook of the… Read More>>
Shop King Said Buying Kwai Chung Asset for HK$1.6B and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city’s “Shop King” Tang Shing-bor seems to be snapping up another shed, with reports that the veteran real estate investor paid HK$1.6 billion for a 13-storey industrial building in the Kwai Chung… Read More>>
Tang Shing-bor Buys Tsim Sha Tsui Hotel For HK$330M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Shop King Tang Shing-bor snapped up a commercial building leased to a hotel in Tsim Sha Tsui for HK$330 million ($42 million). Also in the headlines, the city’s office rents are poised to… Read More>>
Jiangsu Developer Jiayuan Enters Hong Kong Market via $334M JV with Tang Shing-bor
Mainland property developer Jiayuan International is venturing into Hong Kong’s residential market by buying a majority stake in three projects from Tang Shing-bor for a combined HK$2.62 billion ($334 million).
According to a statement to the Hong Kong stock exchange,… Read More>>
City Sees HK$56B of Property Sales in Jan and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city has sold HK$56.4 billion worth of properties in just 26 days in January. Also in the headlines, a Hong Kong property tycoon says the city’s real estate market will be dominated… Read More>>