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SINO LAND BUYS MONG KOK SITE FOR FOURTH NEW PROJECT IN FIVE WEEKS

Developer Sino Land teamed with Chuang’s Consortium International to grab a site in Hong Kong’s Mong Kok district yesterday for an estimated HK$1.8-2 billion ($230 -256 million), according to a statement released by the city’s Urban Renewal Authority. The purchase of the plot at the government auction marks the fourth…
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HONG KONG’S KINGBOARD BUYS KPMG LONDON HQ FOR $533M

A Hong Kong laminate maker has headed back to London to buy the Canary Wharf headquarters of financial consulting firm KPMG. Hong Kong-listed Kingboard Chemical Holdings (KCH) has agreed to buy 15 Canada Square from KPMG and its real estate affiliate KPMG CW Properties for just two pounds short of…
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FOSUN SELLS SYDNEY TOWER FOR A$150M

Fosun Sells Sydney Tower for A$150M Chinese conglomerate Fosun Group, the aggressive dealmaker facing government scrutiny over its overseas acquisitions, has sold out of its first Sydney property investment. A Fosun Property partnership sold an office tower for A$150 million ($115 million) to a joint venture involving Australia’s Property link…
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