{"id":172318,"date":"2026-08-05T06:00:08","date_gmt":"2026-08-04T23:00:08","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/innovation-platform-buys-hong-kong-office-tower-as-state-linked-buyers-seek-bargains\/"},"modified":"2026-08-05T06:03:50","modified_gmt":"2026-08-04T23:03:50","slug":"innovation-platform-buys-hong-kong-office-tower-as-state-linked-buyers-seek-bargains","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/innovation-platform-buys-hong-kong-office-tower-as-state-linked-buyers-seek-bargains\/","title":{"rendered":"Innovation platform buys Hong Kong office tower as state-linked buyers seek bargains"},"content":{"rendered":"


\nThe acquisition of a Hong Kong office tower by an innovation platform backed by Ningbo\u2019s city government has reinforced analysts\u2019 expectations that mainland government-linked institutions could play a bigger role in the city\u2019s commercial property market, where prices remain depressed.
\nLand Registry records show Yonggang Science and Technology Innovation Centre reached an agreement with receivers on June 25 to buy the Konnect office building in Wan Chai for HK$800 million (US$102 million) \u2013 about…
\n
\nSource : South China Morning Post
\nRead more…Innovation platform buys Hong Kong office tower as state-linked buyers seek bargains<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The acquisition of a Hong Kong office tower by an innovation platform backed by Ningbo\u2019s...<\/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-172318","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-IPk","jetpack-related-posts":[{"id":158337,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/law-society-buys-26th-floor-of-the-center-at-half-price-amid-bargains\/","url_meta":{"origin":172318,"position":0},"title":"Law Society buys 26th floor of The Center at half price amid bargains","date":"July 29, 2025","format":false,"excerpt":"\r The Law Society of Hong Kong has bought an entire floor of offices in what was formerly the world\u2019s most expensive tower at a 50 per cent discount, the latest among astute investors who are picking up property in the city at bargain prices. The Law Society paid HK$345\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-oyster-sauce-company-buys-londons-walkie-talkie-tower-for-1-3bn\/","url_meta":{"origin":172318,"position":1},"title":"Hong Kong oyster sauce company buys London\u2019s \u201cWalkie Talkie\u201d tower for \u00a31.3bn","date":"July 27, 2017","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...Hong Kong oyster sauce company buys London\u2019s \u201cWalkie Talkie\u201d tower for \u00a31.3bn","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146853,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/snack-food-producer-four-seas-snaps-up-hong-kong-office-space-as-bargains-lure-buyers\/","url_meta":{"origin":172318,"position":2},"title":"Snack food producer Four Seas snaps up Hong Kong office space as bargains lure buyers","date":"September 2, 2024","format":false,"excerpt":"\r Hong Kong\u2019s depressed property prices are tempting buyers. Four Seas returns to the market after selling its office and warehouse in 2017, suggesting the slump may be ending.\r \r Source : South China Morning Post\r Read more...Snack food producer Four Seas snaps up Hong Kong office space as bargains\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167489,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shipping-barons-nephew-buys-us9-6-million-flat-in-repulse-bay\/","url_meta":{"origin":172318,"position":3},"title":"Hong Kong shipping baron\u2019s nephew buys US$9.6 million flat in Repulse Bay","date":"December 16, 2025","format":false,"excerpt":"\r A nephew of the late Hong Kong shipping tycoon Y.K. Pao has bought a HK$75 million (US$9.6 million) luxury flat in Repulse Bay, continuing a trend among the city\u2019s wealthy buyers who have been snapping up high-end homes in recent months. Crosspark Limited, an entity linked to Raymond Pao\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144571,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-second-hand-prices-edge-up-in-april-as-bargains-on-new-units-seduce-buyers-analysts-say\/","url_meta":{"origin":172318,"position":4},"title":"Hong Kong property: second-hand prices edge up in April as bargains on new units seduce buyers, analysts say","date":"May 29, 2024","format":false,"excerpt":"\r \u2018The second-hand market is facing a lot of competition from the first-hand market, so prices have not had much room to grow,\u2019 Colliers researcher says.\r \r Source : South China Morning Post\r Read more...Hong Kong property: second-hand prices edge up in April as bargains on new units seduce buyers,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172406,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-buyers-hunt-for-bargains-in-citys-battered-noncore-office-market\/","url_meta":{"origin":172318,"position":5},"title":"Hong Kong buyers hunt for bargains in city\u2019s battered noncore office market","date":"August 21, 2026","format":false,"excerpt":"\r Hong Kong\u2019s noncore office market is still plagued by high vacancy rates and weak investor demand, but owner-occupiers are taking advantage of the downturn to buy up office space at steep discounts. The latest example is the Estate Agents Authority (EAA), which agreed a deal earlier this month to\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\/172318"}],"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=172318"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172318\/revisions"}],"predecessor-version":[{"id":172319,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172318\/revisions\/172319"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}