Property News · June 15, 2018

Hong Kong’s Swire sells two office towers in Cityplaza development for US$1.9 billion


Hong Kong developer Swire Properties said on Friday that it had agreed to sell two office towers at its development in the east of Hong Kong Island for HK$15 billion (US$1.9 billion), using the money for other projects in Hong Kong and Shanghai.
It will sell the 21-storey Cityplaza Three and the 24-storey Cityplaza Four in the Taikoo Shing residential and commercial development in Quarry Bay to Henglilong Investments Limited, the company said in a filing to the Hong Kong stock exchange late on…

Source : South China Morning Post
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