{"id":143385,"date":"2024-04-09T11:26:38","date_gmt":"2024-04-09T04:26:38","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-saddled-lai-sun-development-sells-stake-in-insurer-aia-groups-hong-kong-headquarters\/"},"modified":"2024-04-09T11:28:35","modified_gmt":"2024-04-09T04:28:35","slug":"debt-saddled-lai-sun-development-sells-stake-in-insurer-aia-groups-hong-kong-headquarters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-saddled-lai-sun-development-sells-stake-in-insurer-aia-groups-hong-kong-headquarters\/","title":{"rendered":"Debt-saddled Lai Sun Development sells stake in insurer AIA Group\u2019s Hong Kong headquarters"},"content":{"rendered":"


\nA wholly-owned unit of Lai Sun Development Company, a Hong Kong property firm, has sold its equity stake in the AIA Central skyscraper for HK$1.42 billion (US$180 million) in a bid to boost its liquidity.
\n
\nSource : South China Morning Post
\nRead more…Debt-saddled Lai Sun Development sells stake in insurer AIA Group\u2019s Hong Kong headquarters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A wholly-owned unit of Lai Sun Development Company, a Hong Kong property firm, has sold...<\/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-143385","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-BiF","jetpack-related-posts":[{"id":166942,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jd-coms-us450-billion-stake-in-hong-kong-central-tower-eases-lai-sun-debt-woes\/","url_meta":{"origin":143385,"position":0},"title":"JD.com\u2019s US$450 billion stake in Hong Kong Central tower eases Lai Sun debt woes","date":"December 10, 2025","format":false,"excerpt":"\r JD.com has agreed to acquire a stake in a major office tower in Hong Kong\u2019s Central district, mirroring a property move by its rival Alibaba Group Holding and offering a financial lift to the cash-strapped developer Lai Sun Development. Lai Sun Development and its parent Lai Sun Garment entered\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166126,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-emperor-and-lai-sun-find-relief-amid-debt-pressures\/","url_meta":{"origin":143385,"position":1},"title":"Hong Kong developers Emperor and Lai Sun find relief amid debt pressures","date":"November 28, 2025","format":false,"excerpt":"\r Emperor International Holdings has secured bank approval to resume borrowing under existing terms by nearly two years, providing the embattled Hong Kong developer with much-needed breathing room after it failed to meet HK$16.6 billion (US$2.13 billion) in debt obligations in July. Meanwhile, shares of Lai Sun Development (LSD) resumed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105727,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aia-says-new-headquarters-to-feature-campus-like-workspace-as-insurer-plans-for-next-100-years\/","url_meta":{"origin":143385,"position":2},"title":"AIA says new headquarters to feature campus-like workspace, as insurer plans for next 100 years","date":"April 3, 2019","format":false,"excerpt":"\r AIA plans to adopt an \u201curban campus\u201d concept for its redeveloped Wan Chai headquarters as it seeks to attract the next generation of employees, according to its chief executive.Ng Keng-hooi, group chief executive and president of AIA, said redevelopment work is expected to begin on its 50-year-old Stubbs Road\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170686,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mcdonalds-sells-hong-kong-shop-outside-disposal-plan-for-us11-9-million\/","url_meta":{"origin":143385,"position":3},"title":"McDonald\u2019s sells Hong Kong shop outside disposal plan for US$11.9 million","date":"March 4, 2026","format":false,"excerpt":"\r McDonald\u2019s has sold another Hong Kong retail property for HK$93.5 million (US$11.9 million), extending its asset sell-down and bringing total proceeds to about HK$580 million. The ground-floor unit at Mount Sterling Mall in Mei Foo Sun Chuen, Lai Chi Kok, was sold on February 27 to Huge Power (China)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171980,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-lai-sun-seeks-note-swap-in-bid-to-ease-liquidity-pressure\/","url_meta":{"origin":143385,"position":4},"title":"Hong Kong developer Lai Sun seeks note swap in bid to ease liquidity pressure","date":"June 15, 2026","format":false,"excerpt":"\r Hong Kong developer Lai Sun Development, chaired by businessman Peter Lam Kin-ngok, who also chairs the city\u2019s Tourism Board, has launched an exchange offer for its outstanding US$493 million worth of 5 per cent guaranteed notes due July 2026, in an effort to relieve short-term liquidity pressures, the company\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147190,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-lai-sun-prices-the-parkland-in-yuen-long-at-10-year-low-to-lure-buyers\/","url_meta":{"origin":143385,"position":5},"title":"Hong Kong developer Lai Sun prices The Parkland in Yuen Long at 10-year low to lure buyers","date":"September 26, 2024","format":false,"excerpt":"\r The first batch of 50 units at The Parkland in Yuen Long has an average price of HK$9,278 per square foot.\r \r Source : South China Morning Post\r Read more...Hong Kong developer Lai Sun prices The Parkland in Yuen Long at 10-year low to lure buyers","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\/143385"}],"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=143385"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/143385\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=143385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=143385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=143385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}