Property News · November 1, 2017

Li Ka-shing sells The Center in US$5.15 billion record deal to trim his flagship’s Hong Kong assets


Li Ka-shing, Hong Kong’s wealthiest tycoon and chairman of CK Asset Holdings, has parted ways with the tallest building in his property portfolio, selling The Center tower for a record HK$40.2 billion (US$5.15 billion) to a consortium comprising the city’s investors and buyers from mainland China, marking the most expensive real estate transaction in the territory’s history.
The buyer of the city’s fifth-tallest building is identified in CK Asset’s stock exchange…

Source : South China Morning Post
Read more…Li Ka-shing sells The Center in US.15 billion record deal to trim his flagship’s Hong Kong assets

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