Property News · October 16, 2017

Shares in CK Asset rise amid rumours of HK$40.2bn sale of The Center building in Hong Hong


Shares in Li Ka-shing’s flagship property company CK Asset rose by the most in a month on Monday, after the Hong Kong Economic Journal reported it had sold the city’s fifth-tallest building, “The Center”, for a record HK$40.2 billion (US$5.15 billion).
If the deal does materialise, it will be the biggest property transaction in Hong Kong’s history ahead of the HK$23.28 billion sale of the Murray Road site in Central in May.
The stock rose as much as 3.2 per cent in…

Source : South China Morning Post
Read more…Shares in CK Asset rise amid rumours of HK.2bn sale of The Center building in Hong Hong

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