{"id":142238,"date":"2024-02-07T19:07:11","date_gmt":"2024-02-07T12:07:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rf-properties-turns-to-hong-kong-tycoon-in-distressed-sale-of-london-asset-to-trim-part-of-us42-billion-in-liabilities\/"},"modified":"2024-02-07T19:08:30","modified_gmt":"2024-02-07T12:08:30","slug":"rf-properties-turns-to-hong-kong-tycoon-in-distressed-sale-of-london-asset-to-trim-part-of-us42-billion-in-liabilities","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rf-properties-turns-to-hong-kong-tycoon-in-distressed-sale-of-london-asset-to-trim-part-of-us42-billion-in-liabilities\/","title":{"rendered":"R&F Properties turns to Hong Kong tycoon in distressed sale of London asset to trim part of US$42 billion in liabilities"},"content":{"rendered":"


\nGuangzhou R&F is seeking to offload a UK asset in the latest attempt to trim its debt burden. It is turning to Hong Kong tycoon Cheung Chung Kiu to survive the crisis.
\n
\nSource : South China Morning Post
\nRead more…R&F Properties turns to Hong Kong tycoon in distressed sale of London asset to trim part of US billion in liabilities<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Guangzhou R&F is seeking to offload a UK asset in the latest attempt to trim...<\/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-142238","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-B0a","jetpack-related-posts":[{"id":102528,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanished-oil-tycoon-ye-jianmings-office-floors-in-hong-kong-put-on-sale-again-within-a-month-of-failed-auction\/","url_meta":{"origin":142238,"position":0},"title":"Vanished oil tycoon Ye Jianming\u2019s office floors in Hong Kong put on sale again within a month of failed auction","date":"December 26, 2018","format":false,"excerpt":"\r A distressed asset formerly owned by the fallen oligarch Ye Jianming\u2019s China Energy Finance Corp (CEFC) is on the market again after its first auction flopped in November. The three floors of office space at Convention Plaza in Wan Chai, for which CEFC paid a record HK$1.38 billion (US$180\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91404,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-tycoon-victor-li-uses-cash-from-sale-of-the-center-to-buy-london-office-tower-for-1-billion\/","url_meta":{"origin":142238,"position":1},"title":"Hong Kong tycoon Victor Li uses cash from sale of The Center to buy London office tower for \u00a31 billion","date":"June 14, 2018","format":false,"excerpt":"\r Victor Li Tzar-kuoi has bought a grade-A office tower in London for \u00a31 billion (US$1.3 billion) as he embarks on an acquisition spree for overseas assets after taking control of Hong Kong conglomerate CK Group from his billionaire father Li Ka-shing. CK Asset Holdings acquired 5 Broadgate, a three-year-old\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shing-sells-the-center-in-us5-15-billion-record-deal-to-trim-his-flagships-hong-kong-assets\/","url_meta":{"origin":142238,"position":2},"title":"Li Ka-shing sells The Center in US$5.15 billion record deal to trim his flagship\u2019s Hong Kong assets","date":"November 1, 2017","format":false,"excerpt":"\r Li Ka-shing, Hong Kong\u2019s wealthiest tycoon and chairman of CK Asset Holdings, has parted ways with the tallest building in his property portfolio, selling The Center tower for a record HK$40.2 billion (US$5.15 billion) to a consortium comprising the city\u2019s investors and buyers from mainland China, marking the most\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-makes-first-step-in-rescue-of-distressed-hong-kong-developer-goldin-as-hostile-creditors-seize-assets\/","url_meta":{"origin":142238,"position":3},"title":"Li Ka-shing\u2019s CK Asset makes first step in rescue of distressed Hong Kong developer Goldin as hostile creditors seize assets","date":"July 23, 2020","format":false,"excerpt":"\r Hong Kong\u2019s most-famous billionaire Li Ka-shing has sent a top lieutenant to help rescue a cash-strapped developer in the first major blow-up and restructuring to unfold from the city\u2019s property market slump.Goldin Financial Holdings, the troubled developer with HK$18.5 billion of liabilities, named Gerald Ma Lai-chee as vice-chairman and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124263,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-tycoon-kadoorie-to-boost-stake-in-peninsula-hotel-operator-for-us337-million-triggering-a-record-stock-rally\/","url_meta":{"origin":142238,"position":4},"title":"Hong Kong tycoon Kadoorie to boost stake in Peninsula hotel operator for US$337 million, triggering a record stock rally","date":"January 17, 2022","format":false,"excerpt":"\r Billionaire Michael Kadoorie is paying almost double the market price to boost his family\u2019s stake in the Hong Kong and Shanghai Hotels that owns the Peninsula hotel in the city. The stock surged by the most in more than two decades.The family has agreed to buy 205.3 million shares\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143131,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-tycoon-victor-li-says-city-must-do-whatever-it-takes-to-maintain-financial-hub-status\/","url_meta":{"origin":142238,"position":5},"title":"Hong Kong tycoon Victor Li says city must do whatever it takes to maintain financial hub status","date":"March 21, 2024","format":false,"excerpt":"\r \u2018There are only a few [international financial centres], and Hong Kong is one of them. It is hard-won. We must not lose this place,\u2019 CK Hutchison and CK Asset chairman says.\r \r Source : South China Morning Post\r Read more...Hong Kong tycoon Victor Li says city must do whatever\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\/142238"}],"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=142238"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142238\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=142238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=142238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=142238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}