{"id":75669,"date":"2018-01-03T11:00:25","date_gmt":"2018-01-03T04:00:25","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-construction-firms-join-forces-to-invest-us100m-to-acquire-builders-in-the-region\/"},"modified":"2018-01-03T12:03:13","modified_gmt":"2018-01-03T05:03:13","slug":"hong-kong-construction-firms-join-forces-to-invest-us100m-to-acquire-builders-in-the-region","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-construction-firms-join-forces-to-invest-us100m-to-acquire-builders-in-the-region\/","title":{"rendered":"Hong Kong construction firms join forces to invest US$100m to acquire builders in the region"},"content":{"rendered":"


\nA consortium of Hong Kong construction-related firms will be formed to look for acquisition opportunities in countries covered by Beijing\u2019s \u201cBelt and Road Initiative\u201d to offset shrinking profit margins from fierce competition at home.
\nLed by Hong Kong-listed Asia Allied Infrastructure Holdings (AAIH), the consortium plans to pull in about US$100 million to invest in firms in the belt and road countries.
\nDominic Pang Yat-ting, chairman of AAIH, said the initial target was to…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong construction firms join forces to invest US0m to acquire builders in the region<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A consortium of Hong Kong construction-related firms will be formed to look for acquisition opportunities...<\/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-75669","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-jGt","jetpack-related-posts":[{"id":118020,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/national-security-law-prompts-more-mainland-firms-to-bid-for-hong-kong-land-as-china-vanke-unit-wins-residential-plot-in-tai-po\/","url_meta":{"origin":75669,"position":0},"title":"National security law prompts more mainland firms to bid for Hong Kong land as China Vanke unit wins residential plot in Tai Po","date":"July 30, 2020","format":false,"excerpt":"\r Mainland Chinese developers, emboldened by the new security law, will become more active buyers of Hong Kong land as local firms back off amid political turmoil and recession, surveyors predict.The forecast came as a mainland-based consortium won a parcel of land in Tai Po earmarked for over 1,000 \u201cmid-to-low\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123509,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-firms-pick-up-assets-on-the-cheap-from-stricken-mainland-chinese-developers\/","url_meta":{"origin":75669,"position":1},"title":"Hong Kong property firms pick up assets on the cheap from stricken mainland Chinese developers","date":"November 30, 2021","format":false,"excerpt":"\r Mid-sized Hong Kong property firms are picking up residential plots at heavily discounted prices from cash-strapped mainland Chinese developers who are speeding up asset sales to repay debt.Far East Consortium International recently snapped up two land parcels, one of which was from the heavily indebted Kaisa Group Holdings.\u201cWe may\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105261,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hk10-billion-kai-tak-site-attracts-six-bids-as-firms-say-they-are-positive-about-hong-kong-housing-market\/","url_meta":{"origin":75669,"position":2},"title":"HK$10 billion Kai Tak site attracts six bids as firms say they are positive about Hong Kong housing market","date":"March 22, 2019","format":false,"excerpt":"\r Six developers have submitted tenders for a site in Kai Tak, Hong Kong\u2019s Lands Department said on Friday, with companies saying they remained positive about the city\u2019s housing sector following a recent pick up in prices and dovish monetary policy that has rekindled a cooling market.Among the companies vying\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106708,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/old-is-gold-as-chinese-firms-target-hong-kong-buildings-older-than-50-years-for-redevelopment-in-bid-to-cut-costs-boost-margins\/","url_meta":{"origin":75669,"position":3},"title":"Old is gold as Chinese firms target Hong Kong buildings older than 50 years for redevelopment in bid to cut costs, boost margins","date":"April 30, 2019","format":false,"excerpt":"\r The number of compulsory auctions in Hong Kong has risen since last year, as land acquired through this route is cheaper than plots bought through government tender.\u201cThe main reason is that the land offered [for tender] by the government has a high value at several billion. A project can\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118419,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-firms-plough-their-cash-into-hong-kong-property-as-souring-foreign-ties-put-us-australia-uk-out-of-the-picture\/","url_meta":{"origin":75669,"position":4},"title":"Mainland Chinese firms plough their cash into Hong Kong property as souring foreign ties put US, Australia, UK out of the picture","date":"September 1, 2020","format":false,"excerpt":"\r Capital from mainland China is likely to be the main source of investment in Hong Kong property in the foreseeable future, analysts said, as Chinese businesses face deeper scrutiny elsewhere amid worsening relations with a number of western countries, particularly the US and Australia.In the first half of the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100997,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-builders-pay-us1-billion-for-first-plot-on-runway-of-old-kai-tak-airport\/","url_meta":{"origin":75669,"position":5},"title":"Hong Kong builders pay US$1 billion for first plot on runway of old Kai Tak airport","date":"November 7, 2018","format":false,"excerpt":"\r What a difference six months makes. A plot of prime waterfront land in Hong Kong has sold at a price that is 18 per cent lower than a comparable tender in the same area. A consortium of four major local developers won the auction for the first residential 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\/75669"}],"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=75669"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75669\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=75669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=75669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=75669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}