Hong Kong property giant CK Asset Holdings plans to redevelop its 44-year-old Hutchison House office tower in the city’s Central district, a move that could triple the property’s value in the latest reshuffle of assets by the conglomerate after the retirement of its billionaire founder, Li Ka-shing.
Three people familiar with the plan said the company had given tenants six-months’ notice to vacate the 22-storey building under a sale and redevelopment clause in their rental…
Source : South China Morning Post
Read more…Hong Kong property giant CK Asset to redevelop Central’s Hutchison House as valuations soar















