{"id":41877,"date":"2017-01-25T18:54:35","date_gmt":"2017-01-25T11:54:35","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-pays-hk5-53-billion-for-its-third-land-parcel-at-kai-tak-site\/"},"modified":"2017-01-25T19:17:17","modified_gmt":"2017-01-25T12:17:17","slug":"hna-pays-hk5-53-billion-for-its-third-land-parcel-at-kai-tak-site","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-pays-hk5-53-billion-for-its-third-land-parcel-at-kai-tak-site\/","title":{"rendered":"HNA pays HK$5.53 billion for its third land parcel at Kai Tak site"},"content":{"rendered":"<p>&#013;<br \/>\nHNA Group, which owns hotels and golf courses in addition to its control of Hainan Airlines, has bought its third parcel of development land at Kai Tak, bringing its total shopping bill at Hong Kong\u2019s former airport site to HK$20 billion in three months.<br \/>\nThe Chinese company\u2019s unit Top Genius Holdings paid HK$5.53 billion for Kai Tak Area 1L Site 1, according to a Wednesday announcement by Hong Kong\u2019s Lands Department. A spokesman at HNA confirmed to the South China Morning&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2065426\/hna-pays-hk553-billion-its-third-land-parcel-kai-tak-site\" target=\"_blank\">HNA pays HK.53 billion for its third land parcel at Kai Tak site<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; HNA Group, which owns hotels and golf courses in addition to its control of Hainan&#46;&#46;&#46;<\/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-41877","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-aTr","jetpack-related-posts":[{"id":103565,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exclusive-hna-will-sell-its-last-kai-tak-parcel-to-wheelock-for-hk7-44-billion\/","url_meta":{"origin":41877,"position":0},"title":"Exclusive: HNA will sell its last Kai Tak parcel to Wheelock for HK$7.44 billion","date":"February 1, 2019","format":false,"excerpt":"\r HNA Group will sell its last plot of development land at Hong Kong\u2019s former Kai Tak airport site to Hong Kong developer Wheelock & Co, as the one-time high-flying Chinese conglomerate rushes to sell assets to repay debts. The listed unit of the Hainan-based company, Hong Kong International Construction\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82290,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-sells-wheelock-third-plot-of-kai-tak-land-to-repay-borrowings-making-a-profit\/","url_meta":{"origin":41877,"position":1},"title":"HNA sells Wheelock third plot of Kai Tak land to repay borrowings, making a profit","date":"March 9, 2018","format":false,"excerpt":"\r HNA Group, one of China\u2019s biggest global asset buyers since 2012, has sold the third of its four plots of development land at Hong Kong\u2019s former Kai Tak airport site, as it steps up its asset disposals to repay borrowings, under pressure from regulators and creditors. The Hainan-based company\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48160,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-group-pays-hk7-44-billion-for-fourth-plot-of-land-at-kai-tak\/","url_meta":{"origin":41877,"position":2},"title":"HNA Group pays HK$7.44 billion for fourth plot of land at Kai Tak","date":"March 15, 2017","format":false,"excerpt":"\r HNA Group Co., the property conglomerate that also owns Hainan Airlines Co., has paid HK$7.44 billion for its fourth plot of development land at Hong Kong\u2019s former Kai Tak airport. Milway Development Ltd. beat out 14 other bidders to secure a 50-year right to develop Kai Tak Area 1L\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68972,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hnas-kai-tak-project-receives-us93m-capital-injection-from-subsidiary\/","url_meta":{"origin":41877,"position":3},"title":"HNA\u2019s Kai Tak project receives US$93m capital injection from subsidiary","date":"October 13, 2017","format":false,"excerpt":"\r A subsidiary of HNA Group, Hong Kong International Construction Investment Management Group (HKCIM), has injected HK$728 million (US$93.24 million) into a land parcel owned by its parent at Kai Tak, the site of Hong Kong\u2019s former airport. HNA has splashed out a total HK$27.2 billion (US$3.48 billion) on four\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79758,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-troubled-hna-group-flips-kai-tak-plots-to-henderson-land-for-a-profit-of-hk1-7-billion\/","url_meta":{"origin":41877,"position":4},"title":"China\u2019s troubled HNA Group flips Kai Tak plots to Henderson Land for a profit of HK$1.7 billion","date":"February 13, 2018","format":false,"excerpt":"\r HNA Group, the financially troubled Chinese conglomerate, has made a quick HK$1.7 billion (US$217 million) by selling two of its four Hong Kong residential plots bought 15 months ago for a record sum to one of the city\u2019s biggest developers. The two plots at the site of Hong Kong\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66676,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-group-says-it-has-sufficient-capital-to-finance-kai-tak-residential-projects\/","url_meta":{"origin":41877,"position":5},"title":"HNA Group says it has \u2018sufficient capital\u2019 to finance Kai Tak residential projects","date":"September 18, 2017","format":false,"excerpt":"\r HNA Group, the Chinese conglomerate that spent HK$27.2 billion (US$3.5 billion) for a stake in Hong Kong\u2019s residential land market, said the group\u2019s financial health is sound and its sees no problem getting loans to fund its mega property project in Kai Tak. \u201cOur lending banks show strong support\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41877"}],"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=41877"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41877\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=41877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=41877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=41877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}