A 4,600 sq ft luxury penthouse in Hong Kong, which was previously owned by the debt-laden mainland Chinese conglomerate HNA Group, has been put up for sale by creditors.The fully furnished four-bedroom flat is on the 45th floor of 39 Conduit Road, Mid-Levels, one of the most prestigious addresses in the world’s most expensive property market.The property was bought by Billion Able Corporation in April 2015 for HK$433.9 million (US$55.7 million), or HK$94,326 per square foot, according to Land…
Source : South China Morning Post
Read more…HNA’s luxury flat in Hong Kong up for sale over debt-laden Chinese conglomerate’s inability to repay loan
