{"id":48160,"date":"2017-03-15T17:53:39","date_gmt":"2017-03-15T10:53:39","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-group-pays-hk7-44-billion-for-fourth-plot-of-land-at-kai-tak\/"},"modified":"2017-03-15T18:22:01","modified_gmt":"2017-03-15T11:22:01","slug":"hna-group-pays-hk7-44-billion-for-fourth-plot-of-land-at-kai-tak","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-group-pays-hk7-44-billion-for-fourth-plot-of-land-at-kai-tak\/","title":{"rendered":"HNA Group pays HK$7.44 billion for fourth plot of land at Kai Tak"},"content":{"rendered":"


\nHNA 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.
\nMilway Development Ltd. beat out 14 other bidders to secure a 50-year right to develop Kai Tak Area 1L Site 2 in Kowloon, according to a Wednesday announcement by Hong Kong\u2019s Lands Department.
\nAn HNA spokesman confirmed to the South China Morning Post that Milway is controlled by the Chinese conglomerate…
\n
\nSource : South China Morning Post
\nRead more…HNA Group pays HK.44 billion for fourth plot of land at Kai Tak<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HNA Group Co., the property conglomerate that also owns Hainan Airlines Co., has paid HK$7.44...<\/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-48160","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-cwM","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":48160,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41877,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-pays-hk5-53-billion-for-its-third-land-parcel-at-kai-tak-site\/","url_meta":{"origin":48160,"position":1},"title":"HNA pays HK$5.53 billion for its third land parcel at Kai Tak site","date":"January 25, 2017","format":false,"excerpt":"\r HNA 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. The Chinese company\u2019s unit Top\u2026","rel":"","context":"In "Property News"","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":48160,"position":2},"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 "Property News"","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":48160,"position":3},"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 "Property News"","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":48160,"position":4},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82500,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-eyes-hnas-last-kai-tak-plot-even-as-it-posts-a-1-5pc-rise-in-2017-core-profit\/","url_meta":{"origin":48160,"position":5},"title":"Wheelock eyes HNA\u2019s last Kai Tak plot even as it posts a 1.5pc rise in 2017 core profit","date":"March 12, 2018","format":false,"excerpt":"\r Wheelock and Co, which pulled in HK$6.4 billion (US$816 million) in property sales over the weekend, said on the Monday that it is interested in HNA Group\u2019s last residential site in Kai Tak should the debt-laden Chinese conglomerate put it up for sale. The company bought a similar site\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\/48160"}],"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=48160"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/48160\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=48160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=48160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=48160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}