McDonald’s Corp has sold a shop in Yuen Long via public tender for HK$77.4 million (US$9.9 million), the fast-food chain’s first since it announced an asset-disposal plan in July.
The three-storey, 9,695 sq ft property in Yuen Long Trade Centre was handed over to the buyer, Acc Investment, on Monday, according to data from the Land Registry.
McDonald’s did not immediately respond to a request for comment.
The sale fetched the company more than eight times its investment of HK$9.3 million in…
Source : South China Morning Post
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