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Sun Hung Kai Properties takes full ownership of Guangzhou Tianhui Plaza after buying out R&F, KWG stakes

PUBT
Jul 13, 2026 at 02:30 AM
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Sun Hung Kai Properties has acquired full ownership of Guangzhou Tianhui Plaza by buying out the remaining stakes from Guangzhou R&F Properties and KWG Group. The transaction, completed at market value, elevates SHKP's holding to 100% in the Zhujiang New Town CBD mixed-use project. Additionally, SHKP assumes the joint venture company's outstanding tax liabilities and debt issues associated with the development.

  • Sun Hung Kai Properties acquired the remaining two one-third stakes in Guangzhou Tianhui Plaza from Guangzhou R&F Properties, KWG Group. * Transaction lifts SHKP’s ownership to 100% in the Zhujiang New Town CBD mixed-use project. * Deal completed at market value; SHKP also takes on the JV company’s outstanding tax liabilities, debt issues. * Project includes a 1 million-square-foot IGC mall, Conrad Guangzhou hotel with over 520,000 square feet GFA, more than 300 rooms. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sun Hung Kai Properties Ltd. published the original content used to generate this news brief on July 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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