Property News · August 31, 2017

Bank of China unit buys three commercial buildings in Hong Kong for HK$3 billion


Bank of China (Hong Kong)’s asset management arm said it has completed the acquisition of three commercial buildings in Hong Kong for a total of HK$3.1 billion (US$396 million), the latest deal involving mainland entities in the city’s property market.
BOCHK Asset Management bought 100 per cent of The Wave in Kwun Tong and East Point Centre in Quarry Bay and the non-residential part of Thai Kong Building in Causeway Bay, through its first Hong Kong commercial property focused fund….

Source : South China Morning Post
Read more…Bank of China unit buys three commercial buildings in Hong Kong for HK billion

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