{"id":58936,"date":"2017-06-25T23:01:12","date_gmt":"2017-06-25T16:01:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-to-sell-flats-to-hong-kong-staff-at-cost-after-muscling-into-citys-real-estate-founder-says\/"},"modified":"2017-06-25T23:08:51","modified_gmt":"2017-06-25T16:08:51","slug":"hna-to-sell-flats-to-hong-kong-staff-at-cost-after-muscling-into-citys-real-estate-founder-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-to-sell-flats-to-hong-kong-staff-at-cost-after-muscling-into-citys-real-estate-founder-says\/","title":{"rendered":"HNA to sell flats to Hong Kong staff at cost after muscling into city\u2019s real estate, founder says"},"content":{"rendered":"


\nHNA Group, the biggest buyer of land in Hong Kong last year, said it is aiming to build and sell apartments at cost for its staff at the former Kai Tak airport site, part of a plan to muscle into the city\u2019s real estate industry.
\nThe conglomerate, which paid HK$27.2 billion (US$3.5 billion) over a four-month period for four parcels of land in Kai Tak, said its aggressive bids \u2013 setting one price record after another, often 50 per cent above valuations \u2013 were motivated by the…
\n
\nSource : South China Morning Post
\nRead more…HNA to sell flats to Hong Kong staff at cost after muscling into city\u2019s real estate, founder says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HNA Group, the biggest buyer of land in Hong Kong last year, said it is...<\/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-58936","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-fkA","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":58936,"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":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":58936,"position":1},"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":77979,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-will-go-it-alone-to-build-at-the-former-kai-tak-airport-denies-joint-project-with-sun-hung-kai\/","url_meta":{"origin":58936,"position":2},"title":"HNA will go it alone to build at the former Kai Tak airport, denies joint project with Sun Hung Kai","date":"January 25, 2018","format":false,"excerpt":"\r HNA Group, the Chinese conglomerate that muscled its way into Hong Kong\u2019s real estate market in 2016 and 2017, said it will go it alone in building on the former Kai Tak airport site, for which it paid a record HK$27.2 billion (US$3.48 billion). \u201cWe have discussed with various\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69136,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-to-tap-different-kinds-of-funding-to-help-pay-for-us3-5bn-kai-tak-project\/","url_meta":{"origin":58936,"position":3},"title":"HNA to tap \u2018different kinds\u2019 of funding to help pay for US$3.5bn Kai Tak project","date":"October 16, 2017","format":false,"excerpt":"\r HNA Group, the Chinese conglomerate that spent a record HK$27.2 billion (US$3.5 billion) on four residential sites in Hong Kong, said it will seek \u201cdifferent kinds\u201d of funding to pay for the development. \u201cWe want to have different kinds of funding, including investment funds formed by listed arms as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76762,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-secures-extension-for-hk2-4-billion-loan-related-to-kai-tak-project\/","url_meta":{"origin":58936,"position":4},"title":"Hong Kong developer secures extension for HK$2.4 billion loan related to Kai Tak project","date":"January 15, 2018","format":false,"excerpt":"\r Chinese conglomerate HNA Group has secured a six-month extension for a HK$2.4 billion (US$306.75 million) bridging loan related to its residential project at the site of Hong Kong\u2019s old airport. Hong Kong International Investment Group, formerly known as HNA Holding International Investment Group, announced the extension before the loan\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93459,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/embattled-chinese-conglomerate-hna-groups-hong-kong-property-unit-to-return-hk800-million-to-shareholders\/","url_meta":{"origin":58936,"position":5},"title":"Embattled Chinese conglomerate HNA Group\u2019s Hong Kong property unit to return HK$800 million to shareholders","date":"July 6, 2018","format":false,"excerpt":"\r A subsidiary of embattled Chinese conglomerate HNA Group, Hong Kong International Construction Investment Management Group, said it expected to return at least HK$800 million (US$102 million) to shareholders after selling assets including land at a residential property site in Hong Kong. In a filing to the Hong Kong exchange,\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\/58936"}],"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=58936"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/58936\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=58936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=58936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=58936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}