{"id":100713,"date":"2018-10-31T07:03:06","date_gmt":"2018-10-31T00:03:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/super-rich-investors-who-bought-the-center-finding-it-tough-to-sell-floors-amid-property-downturn\/"},"modified":"2018-10-31T08:04:04","modified_gmt":"2018-10-31T01:04:04","slug":"super-rich-investors-who-bought-the-center-finding-it-tough-to-sell-floors-amid-property-downturn","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/super-rich-investors-who-bought-the-center-finding-it-tough-to-sell-floors-amid-property-downturn\/","title":{"rendered":"Super rich investors who bought The Center finding it tough to sell floors amid property downturn"},"content":{"rendered":"


\nTalk about bad timing. Super wealthy investors who paid US$5.15 billion for The Center \u2013 in the world\u2019s most expensive real estate transaction ever \u2013 have mostly been spinning their wheels over the last six months trying to sell it off floor by floor.
\nPlans for quick riches ran into the US-China trade war, the global stock market slump, and the growing doom and gloom hanging over property generally now in Hong Kong.
\nIn contrast, Li Ka-shing, Hong Kong\u2019s richest person…
\n
\nSource : South China Morning Post
\nRead more…Super rich investors who bought The Center finding it tough to sell floors amid property downturn<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Talk about bad timing. Super wealthy investors who paid US$5.15 billion for The Center \u2013...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-100713","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qcp","jetpack-related-posts":[{"id":119736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-haunted-homes-sell-for-steep-discounts-during-downturn-giving-first-time-buyers-a-way-in\/","url_meta":{"origin":100713,"position":0},"title":"Hong Kong\u2019s \u2018haunted homes\u2019 sell for steep discounts during downturn, giving first-time buyers a way in","date":"January 12, 2021","format":false,"excerpt":"\r Even in a slump, Hong Kong\u2019s famously lofty property prices can be enough to send a shudder down the spine. But if that doesn\u2019t do it, how about the thought of sharing a flat with a ghost?Homes touched by untimely or violent death more often than not come with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118437,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-of-hong-kongs-ginza-style-commercial-buildings-slash-rents-and-target-non-restaurant-tenants-amid-coronavirus-downturn\/","url_meta":{"origin":100713,"position":1},"title":"Landlords of Hong Kong\u2019s \u2018Ginza-style\u2019 commercial buildings slash rents and target non-restaurant tenants amid coronavirus downturn","date":"September 2, 2020","format":false,"excerpt":"\r Landlords of Hong Kong\u2019s \u201cGinza-style\u201d commercial buildings are slashing rents by up to 40 per cent and shifting their focus away from restaurants and bars to survive the dramatic downturn in the catering and retail sectors caused by the coronavirus pandemic.As rents of street-level shops and restaurants have tumbled,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":77592,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-investors-behind-record-us5-billion-deal-for-the-center-mull-selling-some-of-their-floors\/","url_meta":{"origin":100713,"position":2},"title":"Hong Kong investors behind record US$5 billion deal for The Center mull selling some of their floors","date":"January 22, 2018","format":false,"excerpt":"\r The Hong Kong part of the consortium that paid a world-record HK$40.2 billion (US$5.15 billion) for a landmark skyscraper in the city has confirmed it is considering selling some of the floors it bought as the price of office space in the core business district rises sharply. \u201cWhile some\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126677,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-hong-kong-hotels-sell-for-us295-million-as-cash-rich-investors-bet-on-hospitality-sector-rebound-once-borders-reopen\/","url_meta":{"origin":100713,"position":3},"title":"Two Hong Kong hotels sell for US$295 million, as cash-rich investors bet on hospitality sector rebound once borders reopen","date":"May 12, 2022","format":false,"excerpt":"\r Two hotels changed hands in deals worth more than HK$2.3 billion (US$295 million) in Hong Kong on Wednesday, as cash-rich investors swooped in to pick up assets from the city\u2019s slumping hospitality industry, betting on the sector improving once the city\u2019s borders have been reopened.\r \r Source : South\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172440,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/super-rich-losing-millions-as-some-hong-kong-trophy-homes-sell-at-painful-discounts\/","url_meta":{"origin":100713,"position":4},"title":"Super-rich losing millions as some Hong Kong trophy homes sell at painful discounts","date":"August 26, 2026","format":false,"excerpt":"\r Hong Kong has seen a string of cut-price deals for super-luxury homes in recent months, with financially pressured owners accepting eye-watering losses to exit the market even as demand for trophy homes remains strong. Among the latest examples is the sale of a Bel-Air luxury house for HK$138 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/with-hong-kongs-hotel-sector-in-the-doldrums-investors-zero-in-on-new-found-favourite-singapore\/","url_meta":{"origin":100713,"position":5},"title":"With Hong Kong\u2019s hotel sector in the doldrums, investors zero in on new-found favourite Singapore","date":"October 18, 2019","format":false,"excerpt":"\r Prospective investors are hunting for bargains in Hong Kong\u2019s hotel real estate market, which is experiencing a sharp downturn, as tourists stay away from the city amid unprecedented protests over the past four months.Analysts say the focus is now firmly on Singapore\u2019s hospitality sector that has seen a boom\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100713"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=100713"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/100713\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=100713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=100713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=100713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}