Property News · November 3, 2017

From cassettes, mini buses to the world’s priciest tower: a peek at Hong Kong’s buyers of The Center


A consortium called C.H.M.T Peaceful Development Asia Property agreed to pay tycoon Li Ka-shing a record HK$40.2 billion (US$5.15 billion) for The Center office block in Hong Kong, in what agents say is the world’s most expensive transaction for a single building.
The consortium, 55 per cent owned by a unit of the mainland’s state oil behemoth, is behind the purchase, with the remaining 45 per cent shared by four Hong Kong businessmen.
Who are the Hong Kong buyers?
The South China…

Source : South China Morning Post
Read more…From cassettes, mini buses to the world’s priciest tower: a peek at Hong Kong’s buyers of The Center

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