{"id":105931,"date":"2019-04-10T11:00:18","date_gmt":"2019-04-10T04:00:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinachem-sues-co-working-operator-kr-space-for-failing-to-execute-one-hennessy-lease\/"},"modified":"2019-04-10T12:03:32","modified_gmt":"2019-04-10T05:03:32","slug":"hong-kong-developer-chinachem-sues-co-working-operator-kr-space-for-failing-to-execute-one-hennessy-lease","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinachem-sues-co-working-operator-kr-space-for-failing-to-execute-one-hennessy-lease\/","title":{"rendered":"Hong Kong developer Chinachem sues co-working operator Kr Space for failing to execute One Hennessy lease"},"content":{"rendered":"


\nChinachem Group, the chemical producer-turned-property developer, has slapped a law suit on one of China\u2019s biggest co-working space operators for reneging on a contract, according to a writ filed with the Hong Kong High Court.The Hong Kong developer has sued Kr Space, a spin-off of technology platform 36kr.com, claiming HK$500.9 million (US$63.8 million) in damages for breaching a contract to take up seven floors at Chinachem\u2019s One Hennessy building in Wan Chai, according to the writ.Chinachem\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developer Chinachem sues co-working operator Kr Space for failing to execute One Hennessy lease<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinachem Group, the chemical producer-turned-property developer, has slapped a law suit on one of China\u2019s...<\/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-105931","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-ryz","jetpack-related-posts":[{"id":142842,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-sells-its-interest-in-d-park-mall-in-tsuen-wan-to-rival-hong-kong-developer-chinachem-for-us510-million\/","url_meta":{"origin":105931,"position":0},"title":"New World sells its interest in D-Park mall in Tsuen Wan to rival Hong Kong developer Chinachem for US$510 million","date":"March 1, 2024","format":false,"excerpt":"\r New World Development (NWD) has agreed to dispose of its shopping centre and parking spaces in Tsuen Wan, selling them to rival Hong Kong property company Chinachem Group for HK$4.02 billion (US$510 million) as part of plans to cut its heavy debt load.\r \r Source : South China Morning\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinachem-prices-new-apartments-in-new-territories-at-12-per-cent-below-older-property\/","url_meta":{"origin":105931,"position":1},"title":"Hong Kong developer Chinachem prices new apartments in New Territories at 12 per cent below older property","date":"October 17, 2018","format":false,"excerpt":"\r Hong Kong developer Chinachem Group on Tuesday priced a first batch of units at its Sol City project in the New Territories at up to 12 per cent lower than lived-in homes in the area. The 144 apartments start at HK$13,389 (US$1,708) per square foot. The units, ranging from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88988,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-co-working-space-operator-kr-space-moves-into-hong-kong\/","url_meta":{"origin":105931,"position":2},"title":"Chinese co-working space operator Kr Space moves into Hong Kong","date":"May 22, 2018","format":false,"excerpt":"\r Kr Space, one of China\u2019s biggest co-working space operators, is entering the Hong Kong market as it takes the first step in its overseas expansion. The Beijing-based company, a spin-off of technology platform 36Kr.com, has rented seven floors \u2013 between the 11th and 19th \u2013 of the\u00a0One Hennessy building\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144589,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinachem-names-former-link-reit-executive-as-next-ceo-as-donald-choi-sets-retirement\/","url_meta":{"origin":105931,"position":3},"title":"Hong Kong developer Chinachem names former Link Reit executive as next CEO as Donald Choi sets retirement","date":"May 31, 2024","format":false,"excerpt":"\r Andy Cheung has been an independent non-executive director since 2022 and before that was an executive with Link Reit.\r \r Source : South China Morning Post\r Read more...Hong Kong developer Chinachem names former Link Reit executive as next CEO as Donald Choi sets retirement","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":77750,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinachem-says-its-portfolio-has-no-micro-flats-despite-growing-interest-for-tiny-units-in-hong-kong\/","url_meta":{"origin":105931,"position":4},"title":"Chinachem says its portfolio has no micro flats despite growing interest for tiny units in Hong Kong","date":"January 23, 2018","format":false,"excerpt":"\r While micro flats are all the rage with Hong Kong developers chasing higher average selling prices, Chinachem Group is adamant in sticking to a no micro apartment investment strategy. \u201cWe have no tiny flats of less than 200 square feet in our portfolio,\u201d said group chief executive officer Donald\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115478,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-chinachems-hotels-unit-brings-in-robots-to-beat-coronavirus-slump\/","url_meta":{"origin":105931,"position":5},"title":"Hong Kong developer Chinachem\u2019s hotels unit brings in robots to beat coronavirus slump","date":"April 8, 2020","format":false,"excerpt":"\r Hong Kong hotels operator L\u2019hotel Group has turned to robots amid a Covid-19 driven slump in the hospitality sector, with the aim of providing meals to guests and ensuring reduced interaction with staff.The company, which is wholly owned by property developer Chinachem Group, will have three artificial intelligence robots\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\/105931"}],"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=105931"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105931\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=105931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=105931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=105931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}