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News•Mar 1, 2026
China Resources Subsidiary Acquires Hong Kong Hotel for Student Housing Project
China Resources subsidiary CR Longdation bought the four‑star Hotel Cozi Oasis in Kwai Chung for HK$953 million, marking the year’s largest hotel transaction. The firm will convert the property into student housing, creating about 900 beds to meet rising demand. The move follows Hong Kong’s policy raising the non‑local student cap to 50%, spurring a wave of hotel‑to‑housing conversions. The deal underscores a broader shift toward education‑linked real‑estate assets in the city’s tight property market.
By South China Morning Post — M&A (topic)
Deals•Mar 1, 2026
China Resources Subsidiary Acquires Hong Kong Hotel for Student Housing
CR Longdation, a subsidiary of China Resources (Holdings), announced the acquisition of the four‑star Hotel Cozi Oasis in Kwai Chung for HK$953 million (US$122 million). The hotel will be converted into student housing with about 900 beds, reflecting rising demand after Hong...
South China Morning Post — M&A (topic)
Deals•Feb 26, 2026
CK Group Consortium to Sell UK Power Networks to Engie for $14.2B
A consortium of CK Infrastructure Holdings, CK Asset Holdings and Power Assets Holdings has agreed to sell its 100% stake in UK Power Networks to French utility Engie for £10.5 billion (US$14.2 billion). The agreement, signed on Wednesday, will let the CK...
South China Morning Post — M&A (topic)