Property News · December 12, 2018

Link Reit sells a dozen suburban Hong Kong malls to consortium led by Gaw Capital for US$1.53 billion


Link Reit, Asia’s largest real estate investment trust, said it would sell 12 shopping centres and malls in Hong Kong to a consortium led by Gaw Capital Partners for a combined HK$12 billion (US$1.53 billion), according to a press statement.
The shopping centres include the Lei Tung Estate mall in Ap Lei Chau, the Wang Fai Centre in Wang Tau Hom, the Shan King Commercial Centre in Tuen Mun, and the Chun Shek Commercial Complex in Sha Tin, Link said.
The disposal follows an announcement in…

Source : South China Morning Post
Read more…Link Reit sells a dozen suburban Hong Kong malls to consortium led by Gaw Capital for US.53 billion