K & K’s Kino Law optimistic about Hong Kong property market
Pre-sales at 18-flat project in Fu Tei expected to be launched in first half of year
Kino Law Kin-yat, 28, worked in UBS’s investment banking department before joining his family’s Park Hotel Group in 2012.
A year later he founded K & K Property with his father, Law Ka-kuo.
He was previously involved in a range of major property transactions within the family business. He participated in the disposal of the DNA shopping mall in Hong Kong for HK$1.9 billion in 2012 and the sale of the Singapore Park Hotel Clark Quay hotel for HK$1.9 billion and the Singapore Grand Park Orchard hotel for HK$6.9 billion in 2013.
Since its formation, K&K Property has spent HK$6.3 billion acquiring three residential sites in government tenders.
In April 2013, it won a residential site in Fu Tei, Tuen Mun, for HK$53.2 million.
A year later, it secured a residential site in Kowloon’s Kai Tak area for HK$2.91 billion. Last month it won a luxury residential site in Stanley for HK$2.81 billion.