{"id":40091,"date":"2017-01-09T21:20:24","date_gmt":"2017-01-09T14:20:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/csi-properties-sells-j-plus-hotel-and-an-adjacent-site-in-causeway-bay-for-hk1-7-billion\/"},"modified":"2017-01-09T21:26:51","modified_gmt":"2017-01-09T14:26:51","slug":"csi-properties-sells-j-plus-hotel-and-an-adjacent-site-in-causeway-bay-for-hk1-7-billion","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/csi-properties-sells-j-plus-hotel-and-an-adjacent-site-in-causeway-bay-for-hk1-7-billion\/","title":{"rendered":"CSI Properties sells J Plus hotel and an adjacent site in Causeway Bay for HK$1.7 billion"},"content":{"rendered":"


\nCSI Properties announced on Monday that it has sold its J Plus hotel and an adjacent site in Causeway Bay for HK$1.7 billion to finance its new projects in Hong Kong and on the mainland.
\nThe company said the asset disposal would reap a gain of HK$1 billion.
\nProceeds from the transaction would be reinvested in new projects, including the Oriental Crystal Building in Central, the Legendaire Residence in Beijing and the Richgate Shopping Arcade in Shanghai, according to a company statement….
\n
\nSource : South China Morning Post
\nRead more…CSI Properties sells J Plus hotel and an adjacent site in Causeway Bay for HK.7 billion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CSI Properties announced on Monday that it has sold its J Plus hotel and an...<\/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-40091","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-aqD","jetpack-related-posts":[{"id":89878,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-hong-kongs-anglican-church-do-with-money-from-sale-of-property-it-buys-some-more\/","url_meta":{"origin":40091,"position":0},"title":"What does Hong Kong\u2019s Anglican church do with money from sale of property? It buys some more","date":"May 30, 2018","format":false,"excerpt":"\r For five decades, an 11-storey building at 5 Glenealy Road in Mid-Levels served as the staff quarters of the Hong Kong Anglican Church, until it was sold in January to CSI Properties for HK$400 million (US$51 million). Now, CSI, which also owns the adjacent Yue Lam Mansion at 3\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-redevelopment-specialist-reveals-hk15-billion-plan-for-new-business-centre\/","url_meta":{"origin":40091,"position":1},"title":"Hong Kong redevelopment specialist reveals HK$15 billion plan for new business centre","date":"December 13, 2017","format":false,"excerpt":"\r CSI Properties unveiled a plan for an office-retail-hotel project, to be developed as a joint venture with Wing Tai Properties on a recently acquired plot next to SoHo, at an estimated cost of HK$15 billion (US$1.9 billion). \u201cThe site will be connected to IFC Central, arts and design venue\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113179,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/state-backed-conglomerate-citic-pacific-wins-bid-for-tai-hang-luxury-residential-site-for-hk3-2-billion\/","url_meta":{"origin":40091,"position":2},"title":"State-backed conglomerate Citic Pacific wins bid for Tai Hang luxury residential site for HK$3.2 billion","date":"December 18, 2019","format":false,"excerpt":"\r Hong Kong-listed and Chinese state-backed conglomerate Citic Pacific has won a luxury residential plot in Tai Hang, southeast of Causeway Bay, for HK$3.2 billion (US$410.8 million), the city\u2019s Lands Department said on Wednesday.The company beat 24 other bidders for the plot, which was initially expected to go for a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/derelict-buildings-on-prime-site-in-causeway-bay-may-finally-be-in-line-for-redevelopment-as-two-families-sell-their-minority-stake-for-up-to-hk1-8-billion\/","url_meta":{"origin":40091,"position":3},"title":"Derelict buildings on prime site in Causeway Bay may finally be in line for redevelopment as two families sell their minority stake for up to HK$1.8 billion","date":"August 17, 2021","format":false,"excerpt":"\r The final hurdle standing in the way of plans to redevelop three dilapidated buildings in the heart of Causeway Bay may soon be cleared.Two families have decided to auction off their 20 per cent stake in the plot in one of the Hong Kong\u2019s busiest commercial districts, in a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":156562,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-end-office-properties-in-causeway-bay-to-lure-major-global-tenants-jll\/","url_meta":{"origin":40091,"position":4},"title":"High-end office properties in Causeway Bay to lure major global tenants: JLL","date":"June 29, 2025","format":false,"excerpt":"\r High-end office assets in Hong Kong\u2019s Causeway Bay neighbourhood are expected to draw greater interest from large multinational companies that are seeking to expand in the city, in a boost to the sluggish property market. Following Jane Street Asia\u2019s record-setting HK$30.6 million (US$3.9 million) a month lease for a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78473,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hang-lung-properties-sees-2017-underlying-profit-fall-on-declining-china-mall-rental-income\/","url_meta":{"origin":40091,"position":5},"title":"Hong Kong\u2019s Hang Lung Properties sees 2017 underlying profit fall on declining China mall rental income","date":"January 30, 2018","format":false,"excerpt":"\r Hong Kong developer Hang Lung Properties, which owns the Fashion Walk shopping area in Causeway Bay and eight shopping centres in China, reported a 13 per cent fall in 2017 underlying profit, citing fewer property sales and a decline in rental income from its mainland China business. Underlying profit\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\/40091"}],"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=40091"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/40091\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=40091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=40091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=40091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}