{"id":76762,"date":"2018-01-15T21:57:15","date_gmt":"2018-01-15T14:57:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-secures-extension-for-hk2-4-billion-loan-related-to-kai-tak-project\/"},"modified":"2018-01-15T22:03:16","modified_gmt":"2018-01-15T15:03:16","slug":"hong-kong-developer-secures-extension-for-hk2-4-billion-loan-related-to-kai-tak-project","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-secures-extension-for-hk2-4-billion-loan-related-to-kai-tak-project\/","title":{"rendered":"Hong Kong developer secures extension for HK$2.4 billion loan related to Kai Tak project"},"content":{"rendered":"


\nChinese 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.
\nHong Kong International Investment Group, formerly known as HNA Holding International Investment Group, announced the extension before the loan was to be repaid on Monday. It won the site, New Kowloon Inland Lot 6562, for HK$5.41 billion, or HK$13,600 per square foot, in December 2016.
\n\u201c…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developer secures extension for HK.4 billion loan related to Kai Tak project<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese conglomerate HNA Group has secured a six-month extension for a HK$2.4 billion (US$306.75 million)...<\/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-76762","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-jY6","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":76762,"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":76762,"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":68972,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hnas-kai-tak-project-receives-us93m-capital-injection-from-subsidiary\/","url_meta":{"origin":76762,"position":2},"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 "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":76762,"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":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":76762,"position":4},"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":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":76762,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/76762"}],"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=76762"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/76762\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=76762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=76762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=76762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}