HNA Group, which owns hotels and golf courses in addition to its control of Hainan Airlines, has bought its third parcel of development land at Kai Tak, bringing its total shopping bill at Hong Kong’s former airport site to HK$20 billion in three months.
The Chinese company’s unit Top Genius Holdings paid HK$5.53 billion for Kai Tak Area 1L Site 1, according to a Wednesday announcement by Hong Kong’s Lands Department. A spokesman at HNA confirmed to the South China Morning…
Source : South China Morning Post
Read more…HNA pays HK.53 billion for its third land parcel at Kai Tak site















