{"id":162837,"date":"2025-10-17T16:24:38","date_gmt":"2025-10-17T09:24:38","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alibaba-ant-buy-hong-kong-offices-in-citys-biggest-deal-since-2021\/"},"modified":"2025-10-17T16:41:06","modified_gmt":"2025-10-17T09:41:06","slug":"alibaba-ant-buy-hong-kong-offices-in-citys-biggest-deal-since-2021","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alibaba-ant-buy-hong-kong-offices-in-citys-biggest-deal-since-2021\/","title":{"rendered":"Alibaba, Ant buy Hong Kong offices, in city\u2019s biggest deal since 2021"},"content":{"rendered":"


\nAlibaba Group Holding and Ant Group have agreed to pay HK$7.2 billion (US$925 million) to buy the top floors of a Causeway Bay office tower that Mandarin Oriental International is building on the site of The Excelsior hotel, marking Hong Kong\u2019s largest real estate transactions since 2021.
\nAlibaba and Ant bought 301,555 sq ft (28,015 square metres) of space, comprising the top 13 floors of the 24-storey building, with parking space for 50 vehicles and signage rights to the tower, according to…
\n
\nSource : South China Morning Post
\nRead more…Alibaba, Ant buy Hong Kong offices, in city\u2019s biggest deal since 2021<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Alibaba Group Holding and Ant Group have agreed to pay HK$7.2 billion (US$925 million) to...<\/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-162837","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-Gmp","jetpack-related-posts":[{"id":121380,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alibaba-affiliate-ant-group-pays-us202-million-for-second-plot-of-land-in-its-hometown-of-hangzhou\/","url_meta":{"origin":162837,"position":0},"title":"Alibaba affiliate Ant Group pays US$202 million for second plot of land in its hometown of Hangzhou","date":"August 11, 2021","format":false,"excerpt":"\r Ant Group, controlled by Chinese billionaire Jack Ma, on Tuesday won a large commercial site in Hangzhou, its second in its hometown for 1.31 billion yuan (US$202 million), according to the city government records.The price of the land in Zhijiang National Tourist Resort Area, West Lake district, which can\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australias-airtrunk-launches-hong-kong-data-centre-with-alibaba-amazon-and-google-among-its-customers\/","url_meta":{"origin":162837,"position":1},"title":"Australia\u2019s AirTrunk launches Hong Kong data centre, with Alibaba, Amazon and Google among its customers","date":"December 9, 2020","format":false,"excerpt":"\r Australian data centre operator AirTrunk opened its first facility in Hong Kong on Wednesday, with the launch coinciding with a shift by many companies to cloud computing to enhance online user experience or facilitate seamless remote working amid the Covid-19 pandemic.The carrier-neutral data centre operator has signed a 10-year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-singapores-office-rents-outprice-hong-kong-as-alibaba-bytedance-tencent-set-up-shop-in-rival-financial-hub\/","url_meta":{"origin":162837,"position":2},"title":"Can Singapore\u2019s office rents outprice Hong Kong as Alibaba, ByteDance, Tencent set up shop in rival financial hub?","date":"April 6, 2021","format":false,"excerpt":"\r Singapore\u2019s office rents have a long way to go before matching Hong Kong\u2019s, even after half a dozen of mainland China\u2019s largest technology behemoths piled into the city state in recent months to set up their regional hubs, analysts said.The average monthly rent for Singapore\u2019s grade A office space\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139957,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ant-group-buys-land-to-expand-hq-as-fintech-firm-and-alipay-operator-emerges-from-shadow-of-chinas-tech-crackdown\/","url_meta":{"origin":162837,"position":3},"title":"Ant Group buys land to expand HQ as fintech firm and Alipay operator emerges from shadow of China\u2019s tech crackdown","date":"October 20, 2023","format":false,"excerpt":"\r The affiliate of Alibaba Group Holding pays 1.54 billion yuan (US$210.5 million) for a parcel for new office buildings in Hangzhou, a \u2018clear sign\u2019 that Ant is \u2018back on its growth track\u2019, a property investor says.\r \r Source : South China Morning Post\r Read more...Ant Group buys land to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":162837,"position":4},"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":171636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/alibaba-gets-approval-to-spin-off-warehouse-park-as-reit-in-pivot-for-logistics-assets\/","url_meta":{"origin":162837,"position":5},"title":"Alibaba gets approval to spin off warehouse park as Reit in pivot for logistics assets","date":"April 27, 2026","format":false,"excerpt":"\r Alibaba Group Holding gained approval from the Hong Kong stock exchange to proceed with a proposed spin-off of a warehouse park in mainland China, two years after the tech giant withdrew the listing plan of its logistics arm Cainiao. The e-commerce giant said it could separate an infrastructure real\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\/162837"}],"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=162837"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/162837\/revisions"}],"predecessor-version":[{"id":162838,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/162837\/revisions\/162838"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=162837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=162837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=162837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}