Shimao Group’s founder is putting two floors of the world’s priciest office tower on the market for sale, as even one of China’s more restrained real estate developers digs into his own pockets to pare a looming debt load.Shimao’s founder Hui Wing Mau and his daughter Hui Mei-mei are asking for HK$1.6 billion (US$205 million) for levels 31 and 32 of The Center in Hong Kong, with a combined floor plate of about 50,000 square feet (4,645 square metres), according to a sales kit seen by South…
Source : South China Morning Post
Read more…Shimao’s founder offers to sell two floors at The Center in Hong Kong as developer digs into his own pockets to pare company’s debt
