Saturday , January 22 2022
Home / South China Morning Post / Kerry Properties becomes latest Hong Kong developer to make huge land acquisition in China

Kerry Properties becomes latest Hong Kong developer to make huge land acquisition in China

Summary:
[unable to retrieve full-text content]Hong Kong’s biggest developers continue to buy prime land sites in top-tier cities in mainland China, as they take advantage of the general malaise among competitors that are struggling to survive an unprecedented debt load in the industry.Kerry Properties, controlled by the Malaysian billionaire Robert Kuok, paid 13.3 billion yuan (US.1 billion) for four plots of mixed-use land in Shanghai during the municipal government’s first auction of the year on January 4. It plans to turn the site…

Topics:
Pearl Liu considers the following as important:

This could be interesting, too:

Lambert Strether writes 2:00PM Water Cooler 1/21/2022

Yves Smith writes Headstrong Girls and Dependent Boys: Gender Differences in the Labour Market Returns to Child Behaviour

Lambert Strether writes Links 1/21/2022

Nick Corbishley writes Opposition Rises to NHS Vaccine Mandate, As Justifications for Mandate Run Out of Logic

[unable to retrieve full-text content]
Hong Kong’s biggest developers continue to buy prime land sites in top-tier cities in mainland China, as they take advantage of the general malaise among competitors that are struggling to survive an unprecedented debt load in the industry.Kerry Properties, controlled by the Malaysian billionaire Robert Kuok, paid 13.3 billion yuan (US$2.1 billion) for four plots of mixed-use land in Shanghai during the municipal government’s first auction of the year on January 4. It plans to turn the site…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.