{"id":90746,"date":"2018-06-07T13:48:06","date_gmt":"2018-06-07T06:48:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-giant-ck-asset-to-redevelop-centrals-hutchison-house-as-valuations-soar\/"},"modified":"2018-06-07T14:05:05","modified_gmt":"2018-06-07T07:05:05","slug":"hong-kong-property-giant-ck-asset-to-redevelop-centrals-hutchison-house-as-valuations-soar","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-giant-ck-asset-to-redevelop-centrals-hutchison-house-as-valuations-soar\/","title":{"rendered":"Hong Kong property giant CK Asset to redevelop Central\u2019s Hutchison House as valuations soar"},"content":{"rendered":"


\nHong Kong property giant CK Asset Holdings plans to redevelop its 44-year-old Hutchison House office tower in the city\u2019s Central district, a move that could triple the property\u2019s value in the latest reshuffle of assets by the conglomerate after the retirement of its billionaire founder, Li Ka-shing.
\nThree people familiar with the plan said the company had given tenants six-months\u2019 notice to vacate the 22-storey building under a sale and redevelopment clause in their rental…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong property giant CK Asset to redevelop Central\u2019s Hutchison House as valuations soar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong property giant CK Asset Holdings plans to redevelop its 44-year-old Hutchison House office...<\/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-90746","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-nBE","jetpack-related-posts":[{"id":116355,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/li-ka-shings-ck-asset-issues-first-profit-warning-as-hong-kong-and-uk-businesses-suffer-ck-hutchison-says-retail-earnings-might-be-halved-this-year\/","url_meta":{"origin":90746,"position":0},"title":"Li Ka-shing\u2019s CK Asset issues first profit warning as Hong Kong and UK businesses suffer, CK Hutchison says retail earnings might be halved this year","date":"May 14, 2020","format":false,"excerpt":"\r Hong Kong-based conglomerate CK Asset Holdings issued a profit warning on Thursday, its first since it was listed in 2015 as part of a restructure of Hong Kong tycoon Li Ka-shing\u2019s Cheung Kong Holdings.The company said lower property sales and negative contribution from its hotels division, as well as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95031,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-li-to-push-ahead-with-hutchison-house-redevelopment-into-41-storey-office-tower-starting-next-year\/","url_meta":{"origin":90746,"position":1},"title":"Victor Li to push ahead with Hutchison House redevelopment into 41-storey office tower starting next year","date":"July 30, 2018","format":false,"excerpt":"\r CK Asset Holdings will redevelop the 23-storey Hutchison House office tower in Central into a 41-storey office tower from next year, reflecting the conglomerate\u2019s strategy to create extra value amid soaring land prices in the city\u2019s landmark business district. The announcement on Monday confirmed the South China Morning Post\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143131,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-tycoon-victor-li-says-city-must-do-whatever-it-takes-to-maintain-financial-hub-status\/","url_meta":{"origin":90746,"position":2},"title":"Hong Kong tycoon Victor Li says city must do whatever it takes to maintain financial hub status","date":"March 21, 2024","format":false,"excerpt":"\r \u2018There are only a few [international financial centres], and Hong Kong is one of them. It is hard-won. We must not lose this place,\u2019 CK Hutchison and CK Asset chairman says.\r \r Source : South China Morning Post\r Read more...Hong Kong tycoon Victor Li says city must do whatever\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171178,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-ck-hutchison-reports-7-gain-in-underlying-profit-amid-unforeseen-challenges\/","url_meta":{"origin":90746,"position":3},"title":"Hong Kong\u2019s CK Hutchison reports 7% gain in underlying profit amid \u2018unforeseen challenges\u2019","date":"March 19, 2026","format":false,"excerpt":"\r CK Hutchison Holdings, one of the flagship companies owned by Hong Kong billionaire Li Ka-shing\u2019s family, reported a 7 per cent increase in underlying profit for 2025, as the company predicted its businesses would face \u201cnew and perhaps unforeseen challenges\u201d in 2026. The ports-to-telecoms conglomerate said on Thursday that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102790,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ck-asset-plans-to-convert-new-territories-hotel-into-hong-kongs-biggest-housing-estate-of-the-last-decade\/","url_meta":{"origin":90746,"position":4},"title":"CK Asset plans to convert New Territories hotel into Hong Kong\u2019s biggest housing estate of the last decade","date":"January 9, 2019","format":false,"excerpt":"\r A hotel in the New Territories will be converted into what may be the biggest private housing estate to be built in Hong Kong in the last decade, under plans submitted by CK Asset Holdings, the flagship company of retired tycoon Li Ka-shing. The conglomerate has submitted an application\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103927,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brace-for-a-20-per-cent-decline-in-hong-kong-home-prices-says-senior-director-of-ck-asset\/","url_meta":{"origin":90746,"position":5},"title":"Brace for a 20 per cent decline in Hong Kong home prices, says senior director of CK Asset","date":"February 13, 2019","format":false,"excerpt":"\r Hong Kong home prices could be headed for a multi-year downtrend that knock valuations by up to 20 per cent, prompting major developers to slash prices for new homes along with the sliding market, according to a senior executive at CK Asset Holdings, the second largest developer in Hong\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\/90746"}],"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=90746"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/90746\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=90746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=90746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=90746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}