{"id":102844,"date":"2019-01-10T07:03:28","date_gmt":"2019-01-10T00:03:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-saddled-hna-group-sued-for-hk8-3-million-in-costs-relating-to-surrender-of-hong-kong-office-space\/"},"modified":"2019-01-10T08:10:12","modified_gmt":"2019-01-10T01:10:12","slug":"debt-saddled-hna-group-sued-for-hk8-3-million-in-costs-relating-to-surrender-of-hong-kong-office-space","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-saddled-hna-group-sued-for-hk8-3-million-in-costs-relating-to-surrender-of-hong-kong-office-space\/","title":{"rendered":"Debt-saddled HNA Group sued for HK$8.3 million in costs relating to surrender of Hong Kong office space"},"content":{"rendered":"


\nEmbattled HNA Group is being sued by its office landlord in Hong Kong\u2019s main business district over a debt of about HK$$8.3 million (US$1.06 million), according to a writ filed with the city\u2019s High Court.
\nThe unpaid money is the costs allegedly incurred by HNA when it surrendered five floors of office space at Three Exchange Square, in Central, as part of a cost-cutting exercise, two sources close to the matter said.
\nMulberry Land, a wholly owned subsidiary of Hongkong Land, claims…
\n
\nSource : South China Morning Post
\nRead more…Debt-saddled HNA Group sued for HK.3 million in costs relating to surrender of Hong Kong office space<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Embattled HNA Group is being sued by its office landlord in Hong Kong\u2019s main business...<\/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-102844","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-qKM","jetpack-related-posts":[{"id":40583,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-group-expands-its-hong-kong-headquarters-at-two-ifc-for-hk2-76-million-a-month\/","url_meta":{"origin":102844,"position":0},"title":"HNA Group expands its Hong Kong headquarters at Two IFC for HK$2.76 million a month","date":"January 13, 2017","format":false,"excerpt":"\r HNA Group, a Chinese conglomerate that owns hotels, golf courses and Hainan Airlines, expanded its Hong Kong headquarters before embarking on its land acquisition spree in the city. The group in October leased another 15,776 square feet of office space on the 37th floor of Two International Finance Centre\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93459,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/embattled-chinese-conglomerate-hna-groups-hong-kong-property-unit-to-return-hk800-million-to-shareholders\/","url_meta":{"origin":102844,"position":1},"title":"Embattled Chinese conglomerate HNA Group\u2019s Hong Kong property unit to return HK$800 million to shareholders","date":"July 6, 2018","format":false,"excerpt":"\r A subsidiary of embattled Chinese conglomerate HNA Group, Hong Kong International Construction Investment Management Group, said it expected to return at least HK$800 million (US$102 million) to shareholders after selling assets including land at a residential property site in Hong Kong. In a filing to the Hong Kong exchange,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79758,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-troubled-hna-group-flips-kai-tak-plots-to-henderson-land-for-a-profit-of-hk1-7-billion\/","url_meta":{"origin":102844,"position":2},"title":"China\u2019s troubled HNA Group flips Kai Tak plots to Henderson Land for a profit of HK$1.7 billion","date":"February 13, 2018","format":false,"excerpt":"\r HNA Group, the financially troubled Chinese conglomerate, has made a quick HK$1.7 billion (US$217 million) by selling two of its four Hong Kong residential plots bought 15 months ago for a record sum to one of the city\u2019s biggest developers. The two plots at the site of Hong Kong\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103565,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exclusive-hna-will-sell-its-last-kai-tak-parcel-to-wheelock-for-hk7-44-billion\/","url_meta":{"origin":102844,"position":3},"title":"Exclusive: HNA will sell its last Kai Tak parcel to Wheelock for HK$7.44 billion","date":"February 1, 2019","format":false,"excerpt":"\r HNA Group will sell its last plot of development land at Hong Kong\u2019s former Kai Tak airport site to Hong Kong developer Wheelock & Co, as the one-time high-flying Chinese conglomerate rushes to sell assets to repay debts. The listed unit of the Hainan-based company, Hong Kong International Construction\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58936,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-to-sell-flats-to-hong-kong-staff-at-cost-after-muscling-into-citys-real-estate-founder-says\/","url_meta":{"origin":102844,"position":4},"title":"HNA to sell flats to Hong Kong staff at cost after muscling into city\u2019s real estate, founder says","date":"June 25, 2017","format":false,"excerpt":"\r HNA Group, the biggest buyer of land in Hong Kong last year, said it is aiming to build and sell apartments at cost for its staff at the former Kai Tak airport site, part of a plan to muscle into the city\u2019s real estate industry. The conglomerate, which paid\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80611,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-stricken-hna-group-pledges-41pc-stake-in-hong-kong-listed-unit-as-collateral-for-loan\/","url_meta":{"origin":102844,"position":5},"title":"Debt-stricken HNA Group pledges 41pc stake in Hong Kong-listed unit as collateral for loan","date":"February 21, 2018","format":false,"excerpt":"\r Debt-laden mainland conglomerate HNA Group has pledged 40.98 per cent of its stake in its Hong Kong-listed Hong Kong International Construction Investment Management Group (HKICIM) to PAG Holdings as security for a loan, according to the company\u2019s disclosure to the Hong Kong stock exchange on Wednesday. The move comes\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\/102844"}],"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=102844"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102844\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}