{"id":122060,"date":"2021-09-18T08:00:32","date_gmt":"2021-09-18T01:00:32","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hysan-snaps-up-shanghai-building-for-3-5-billion-yuan-and-says-it-aims-to-create-another-lee-gardens-in-city\/"},"modified":"2021-09-18T09:15:35","modified_gmt":"2021-09-18T02:15:35","slug":"hysan-snaps-up-shanghai-building-for-3-5-billion-yuan-and-says-it-aims-to-create-another-lee-gardens-in-city","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hysan-snaps-up-shanghai-building-for-3-5-billion-yuan-and-says-it-aims-to-create-another-lee-gardens-in-city\/","title":{"rendered":"Hysan snaps up Shanghai building for 3.5 billion yuan and says it aims to create another Lee Gardens in city"},"content":{"rendered":"


\nHysan Development is expanding into Shanghai\u2019s commercial market with the 3.5 billion yuan (US$542 million) acquisition of a 24-storey building in which CK Asset Holdings has a controlling stake, with the aim of recreating another Lee Gardens in the mainland city, according to a company announcement late Friday.\u201cThis acquisition marks a very important step for our long-term planning and development in Shanghai. We will continue to identify new development opportunities in Shanghai, the Greater\u2026
\n
\nSource : South China Morning Post
\nRead more…Hysan snaps up Shanghai building for 3.5 billion yuan and says it aims to create another Lee Gardens in city<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hysan Development is expanding into Shanghai\u2019s commercial market with the 3.5 billion yuan (US$542 million)...<\/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-122060","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-vKI","jetpack-related-posts":[{"id":162108,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hysan-sells-mid-levels-flats-to-lee-family-members-for-hk133-million\/","url_meta":{"origin":122060,"position":0},"title":"Hysan sells Mid-Levels flats to Lee family members for HK$133 million","date":"October 4, 2025","format":false,"excerpt":"\r Hysan Development sold three units at its Bamboo Grove luxury complex in Hong Kong\u2019s Mid-Levels for a total of HK$133 million (US$17 million), two of which were bought by the company\u2019s chairwoman Irene Lee Yun-lien\u2019s son, Nicolas Hugh Ingram, while the third was acquired by the wife of non-executive\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7172,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hysan-core-profit-up-5-5-per-cent-to-hk2-28-billion\/","url_meta":{"origin":122060,"position":1},"title":"Hysan core profit up 5.5 per cent to HK$2.28 billion","date":"March 8, 2016","format":false,"excerpt":"\r Hysan Development, one of the largest commercial landlords in Causeway Bay, reported underlying profit rose 5.5 per cent to HK$2.28 billion last year.\r \r Source : South China Morning Post\r Read more...Hysan core profit up 5.5 per cent to HK.28 billion","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62757,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hysan-profit-rises-4-2-per-cent-on-strong-office-demand\/","url_meta":{"origin":122060,"position":2},"title":"Hysan profit rises 4.2 per cent on strong office demand","date":"August 4, 2017","format":false,"excerpt":"\r Hysan Development, the largest commercial landlord in Hong Kong\u2019s Causeway Bay, reported a 4.2 per cent increase in underlying profit in the first half of the year. Underlying profit \u2013 which excludes revaluation gains on investment properties \u2013 came to HK$1.227 billion (US$160 million), or HK$1.17 per share, for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/2017s-first-decline-in-bank-loans-for-property-development-after-state-controls-chill-shanghai-market\/","url_meta":{"origin":122060,"position":3},"title":"2017\u2019s first decline in bank loans for property development after state controls chill Shanghai market","date":"November 16, 2017","format":false,"excerpt":"\r Bank loans to local developers in Shanghai recorded their first month-on-month decline for 2017 in October, after a slump in home sales and a bleak outlook curbed the appetite for new construction. Loans to developers declined by 3.6 billion yuan (US$542 million) in October compared with September, when loans\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hysan-development-iwg-form-flexible-office-joint-venture-as-hong-kong-landlord-eyes-greater-bay-area-market\/","url_meta":{"origin":122060,"position":4},"title":"Hysan Development, IWG form flexible office joint venture as Hong Kong landlord eyes Greater Bay Area market","date":"August 9, 2021","format":false,"excerpt":"\r Hysan Development is expanding into the shared-office market in the Greater Bay Area through a joint venture with IWG, the world\u2019s largest flexible workspace operator, as it seeks to cash in on the growing trend of remote working arrangements by companies who are looking to contain costs.The joint venture\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121382,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-rents-will-rise-thanks-to-economic-recovery-from-covid-19-government-consumption-vouchers-scheme-says-hysan-development\/","url_meta":{"origin":122060,"position":5},"title":"Hong Kong retail rents will rise thanks to economic recovery from Covid-19, government consumption vouchers scheme, says Hysan Development","date":"August 11, 2021","format":false,"excerpt":"\r Hysan Development, the largest commercial landlord in Causeway Bay, expects retail rents to rise thanks to Hong Kong\u2019s economic recovery and the consumption vouchers handed out by the government.Sales and footfall in shopping centres have increased with the government\u2019s distribution of HK$5,000 (US$642.56) consumption vouchers to each Hongkonger this\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\/122060"}],"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=122060"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122060\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}