{"id":115953,"date":"2020-04-29T20:01:23","date_gmt":"2020-04-29T13:01:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-kwok-family-sell-30-per-cent-stake-in-office-space-at-hong-kongs-most-expensive-commercial-site-to-ping-an-life-for-us1-45-billion\/"},"modified":"2020-04-29T21:20:26","modified_gmt":"2020-04-29T14:20:26","slug":"sun-hung-kai-kwok-family-sell-30-per-cent-stake-in-office-space-at-hong-kongs-most-expensive-commercial-site-to-ping-an-life-for-us1-45-billion","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-kwok-family-sell-30-per-cent-stake-in-office-space-at-hong-kongs-most-expensive-commercial-site-to-ping-an-life-for-us1-45-billion\/","title":{"rendered":"Sun Hung Kai, Kwok family sell 30 per cent stake in office space at Hong Kong\u2019s most expensive commercial site to Ping An Life for US$1.45 billion"},"content":{"rendered":"


\nSun Hung Kai Properties (SHKP) and its controlling shareholder, the Kwok family, are to sell 30 per cent of the office portion of Hong Kong\u2019s most expensive commercial project. Ping An Life Insurance will buy the space on top of the West Kowloon high-speed rail station for HK$11.27 billion (US$1.45 billion), SHKP said in a statement on Wednesday evening. SHKP won the biggest parcel of commercial land ever sold in the city for a record HK$42.23 billion (US$5.4 billion) in November last year. \u2026
\n
\nSource : South China Morning Post
\nRead more…Sun Hung Kai, Kwok family sell 30 per cent stake in office space at Hong Kong\u2019s most expensive commercial site to Ping An Life for US.45 billion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sun Hung Kai Properties (SHKP) and its controlling shareholder, the Kwok family, are to sell...<\/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-115953","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-uad","jetpack-related-posts":[{"id":124076,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-replaces-new-world-development-as-hong-kongs-biggest-developer-by-sales\/","url_meta":{"origin":115953,"position":0},"title":"Sun Hung Kai Properties replaces New World Development as Hong Kong\u2019s biggest developer by sales","date":"January 4, 2022","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP) has replaced New World Development as the biggest seller of new homes in Hong Kong after the latter had to tear down and rebuild hundreds of flats under construction in Tai Wai.Chaired by Raymond Kwok Ping-luen, SHKP recorded sales of HK$29.65 billion (US$3.8 billion)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22287,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-ferry-walter-kwok-team-up-to-land-hk2-7-billion-residential-site-in-tuen-mun\/","url_meta":{"origin":115953,"position":1},"title":"Hong Kong Ferry, Walter Kwok team up to land HK$2.7 billion residential site in Tuen Mun","date":"August 8, 2016","format":false,"excerpt":"\r Hong Kong Ferry has teamed up with former Sun Hung Kai Properties (SHKP) chairman Walter Kwok Ping-sheung to place the winning bid for a residential site in Tuen Mun at 17 per cent above the high-end of market expectations.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113100,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-kwok-family-boosts-city-with-hk9-4-billion-cheque-for-stake-in-sun-hung-kai-towers-atop-west-kowloon-station\/","url_meta":{"origin":115953,"position":2},"title":"Hong Kong\u2019s Kwok family boosts city with HK$9.4 billion cheque for stake in Sun Hung Kai towers atop West Kowloon station","date":"December 16, 2019","format":false,"excerpt":"\r Hong Kong\u2019s Kwok family will invest HK$9.4 billion (US$1.2 billion) for a 25 per cent stake in office towers to come up on a plot of land won by Sun Hung Kai Properties last month. The family is the company\u2019s controlling shareholder and its investment is being viewed as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170642,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-hong-kongs-bellwether-developer-posts-36-jump-in-first-half-net-profit\/","url_meta":{"origin":115953,"position":3},"title":"SHKP, Hong Kong\u2019s bellwether developer, posts 36% jump in first-half net profit","date":"February 26, 2026","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by market capitalisation, reported a 36.2 per cent year-on-year jump in first-half net profit to HK$10.25 billion (US$1.3 billion). Revenue rose 32 per cent to HK$52.7 billion for the six months ended December from a year earlier, while operating income\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172536,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shkp-posts-4-6-profit-rise-amid-hong-kongs-property-recovery\/","url_meta":{"origin":115953,"position":4},"title":"SHKP posts 4.6% profit rise amid Hong Kong\u2019s property recovery","date":"September 10, 2026","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s biggest developer by market capitalisation, reported its underlying profit for the year ending June rose 4.6 per cent to HK$22.85 billion (US$2.91 billion), excluding investment property revaluations. Meanwhile, its reported profit increased to HK$21.43 billion, backed by a HK$1.38 billion net revaluation\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-pays-a-record-hk42-2-billion-for-austin-road-commercial-plot-in-hong-kongs-costliest-land-tender\/","url_meta":{"origin":115953,"position":5},"title":"Sun Hung Kai pays a record HK$42.2 billion for Austin Road commercial plot in Hong Kong\u2019s costliest land tender","date":"November 27, 2019","format":false,"excerpt":"\r Sun Hung Kai Properties (SHKP), Hong Kong\u2019s largest developer by value, has won the biggest commercial parcel ever sold in the city for a record HK$42.2 billion (US$5.4 billion).The winner beat CK Asset Holdings, a consortium comprising Wharf Holdings, Sino Land, Henderson Land Development, Chinese Estate Holdings and Lifestyle\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\/115953"}],"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=115953"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115953\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}