Just one month after taking over from his father Li Ka-shing, Victor Li has signed his first high profile deal for CK Asset, snapping up the UBS headquarters in London from GIC and British Land for £1 billion ($1.3 billion).
Redevelopment of CK Asset’s Hutchison House in HK Could Bring $4B Valuation
CK Asset Holdings is said to be planning the redevelopment of Hutchison House in Hong Kong’s Central district, an effort that could quadruple the 44-year-old office tower’s valuation to as much as HK$32 billion.
The property arm of the CK… Read More>>
Midea Real Estate Seeking $1B Listing in The City and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the real estate arm of the home appliance company Midea is seeking an initial public offering in Hong Kong Stock Exchange.
Also in the headlines, CK Assets’ Victor Li is urging the government… Read More>>
Soy Milk Heiress Buys Sting’s NYC Flat for $50M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong roundup, a billionaire heiress to a soy milk empire has been revealed as the mystery buyer of British rocker Sting’s massive penthouse overlooking Central Park in Manhattan. Also in the headlines, a residential plot in the… Read More>>
Gaw Could Turn Retail Centres into NGO Hubs and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Goodwin Gaw’s Gaw Capital has announced plans to offer discounted rent for NGOs in a set of shopping centres acquired from Link REIT earlier this year, in a move that could counter public… Read More>>
Li Ka-Shing Retires, Son Victor to Take Over Real Estate and Corporate Empires
What happens when the investor known as Superman decides to hang up his cape? The answer to that question may soon be known after Li Ka-shing announced in Hong Kong today that he would be stepping down from atop his… Read More>>
Li Ka-shing to Spin Off Property Assets in $24B Restructuring
Hong Kong’s richest man is consolidating his property assets into a single company, as billionaire Li Ka-shing announced on Friday that he is restructuring his biggest holding companies.
In a statement, the investor known in Hong Kong as “Superman” for… Read More>>