Wheelock eyes HNA\u2019s last Kai Tak plot even as it posts a 1.5pc rise in 2017 core profit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
Wheelock and Co, which pulled in HK$6.4 billion (US$816 million) in property sales over the...<\/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-82500","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-lsE","jetpack-related-posts":[{"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":82500,"position":0},"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":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":82500,"position":1},"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":68972,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hnas-kai-tak-project-receives-us93m-capital-injection-from-subsidiary\/","url_meta":{"origin":82500,"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":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":82500,"position":3},"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":48160,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hna-group-pays-hk7-44-billion-for-fourth-plot-of-land-at-kai-tak\/","url_meta":{"origin":82500,"position":4},"title":"HNA Group pays HK$7.44 billion for fourth plot of land at Kai Tak","date":"March 15, 2017","format":false,"excerpt":"\r HNA 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. Milway Development Ltd. beat out 14 other bidders to secure a 50-year right to develop Kai Tak Area 1L\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":82500,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/82500"}],"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=82500"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/82500\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=82500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=82500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=82500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}