{"id":70654,"date":"2017-11-01T19:40:22","date_gmt":"2017-11-01T12:40:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shing-sells-the-center-in-us5-15-billion-record-deal-to-trim-his-flagships-hong-kong-assets\/"},"modified":"2017-11-01T20:05:44","modified_gmt":"2017-11-01T13:05:44","slug":"li-ka-shing-sells-the-center-in-us5-15-billion-record-deal-to-trim-his-flagships-hong-kong-assets","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shing-sells-the-center-in-us5-15-billion-record-deal-to-trim-his-flagships-hong-kong-assets\/","title":{"rendered":"Li Ka-shing sells The Center in US$5.15 billion record deal to trim his flagship\u2019s Hong Kong assets"},"content":{"rendered":"


\nLi Ka-shing, Hong Kong\u2019s wealthiest tycoon and chairman of CK Asset Holdings, has parted ways with the tallest building in his property portfolio, selling The Center tower for a record HK$40.2 billion (US$5.15 billion) to a consortium comprising the city\u2019s investors and buyers from mainland China, marking the most expensive real estate transaction in the territory\u2019s history.
\nThe buyer of the city\u2019s fifth-tallest building is identified in CK Asset\u2019s stock exchange…
\n
\nSource : South China Morning Post
\nRead more…Li Ka-shing sells The Center in US.15 billion record deal to trim his flagship\u2019s Hong Kong assets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Li Ka-shing, Hong Kong\u2019s wealthiest tycoon and chairman of CK Asset Holdings, has parted ways...<\/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-70654","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-inA","jetpack-related-posts":[{"id":49154,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-driver-of-ck-propertys-earnings-to-remain-buoyant-li-ka-shing-says\/","url_meta":{"origin":70654,"position":0},"title":"Hong Kong home prices, driver of CK Property\u2019s earnings, to remain buoyant, Li Ka-Shing says","date":"March 22, 2017","format":false,"excerpt":"\r Residential property prices in Hong Kong, already the world\u2019s costliest urban centre to live in, will remain buoyant over the next two years because the supply of land and new homes can\u2019t keep up with demand, said Li Ka-Shing, the city\u2019s wealthiest man and one of the biggest builders\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-state-oil-behemoth-gets-a-marquee-hong-kong-address-after-buying-li-ka-shings-building\/","url_meta":{"origin":70654,"position":1},"title":"China\u2019s state oil behemoth gets a marquee Hong Kong address after buying Li Ka-shing\u2019s building","date":"November 2, 2017","format":false,"excerpt":"\r A company called C.H.M.T Peaceful Development Asia Property yesterday agreed to pay Hong Kong\u2019s tycoon Li Ka-shing a record HK$40.2 billion (US$5.15 billion) for the city\u2019s fifth-tallest tower, in what agents say is the world\u2019s most expensive transaction for a single building. Just who exactly is the buyer? According\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170550,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/superman-li-ka-shing-tops-hong-kongs-billionaire-list-with-us45-1-billion-forbes\/","url_meta":{"origin":70654,"position":2},"title":"\u2018Superman\u2019 Li Ka-shing tops Hong Kong\u2019s billionaire list with US$45.1 billion: Forbes","date":"February 12, 2026","format":false,"excerpt":"\r Tycoon Li Ka-shing has added more than US$6 billion to his net worth, boosting his standing as Hong Kong\u2019s richest individual and contributing to a US$65 billion increase in the assets of the city\u2019s 50 richest people, according to Forbes. Li, whose business interests span real estate, infrastructure and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-makes-first-step-in-rescue-of-distressed-hong-kong-developer-goldin-as-hostile-creditors-seize-assets\/","url_meta":{"origin":70654,"position":3},"title":"Li Ka-shing\u2019s CK Asset makes first step in rescue of distressed Hong Kong developer Goldin as hostile creditors seize assets","date":"July 23, 2020","format":false,"excerpt":"\r Hong Kong\u2019s most-famous billionaire Li Ka-shing has sent a top lieutenant to help rescue a cash-strapped developer in the first major blow-up and restructuring to unfold from the city\u2019s property market slump.Goldin Financial Holdings, the troubled developer with HK$18.5 billion of liabilities, named Gerald Ma Lai-chee as vice-chairman and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82905,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-plastic-flowers-to-property-and-ports-how-li-ka-shing-became-a-symbol-of-hong-kong\/","url_meta":{"origin":70654,"position":4},"title":"From plastic flowers to property and ports: how Li Ka-shing became a symbol of Hong Kong","date":"March 16, 2018","format":false,"excerpt":"\r The retirement of Hong Kong\u2019s richest man, Li Ka-shing, from the helm of the two companies he built up into a global empire, marks the end of the era of the city\u2019s post-war tycoons, largely self-made men whose endeavours helped the former colony evolve from a manufacturing base to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23721,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cheung-kong-puts-the-center-up-for-sale-as-li-ka-shing-trims-hong-kong-assets\/","url_meta":{"origin":70654,"position":5},"title":"Cheung Kong puts The Center up for sale as Li Ka-shing trims Hong Kong assets","date":"August 23, 2016","format":false,"excerpt":"\r Hong Kong\u2019s wealthiest man is putting his tallest building in the city up for sale, garnering bids from several Chinese buyers that point to the increasing trend of mainland companies with deep pockets snapping up local assets.\r \r Source : South China Morning Post\r Read more...Cheung Kong puts The\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\/70654"}],"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=70654"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/70654\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=70654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=70654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=70654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}