McDonald’s has sold another Hong Kong retail property, continuing its years-long effort to cash in on real estate assets accumulated during its rapid expansion across the city over the past few decades.
The latest disposal involved Shop 1 on the upper ground floor of Parkvale Place on King’s Road in Quarry Bay, which changed hands for HK$110 million (US$14 million), according to Land Registry records.
MCD Real Properties, a company linked to McDonald’s, sold the shop to Uni Investment…
Source : South China Morning Post
Read more…McDonald’s cashes in again as Hong Kong property sell-down continues















