Property News · February 27, 2018

The Center is back in Hong Kong hands as mainland firm pulls out of buying world’s costliest tower


Two Hong Kong-based tycoons have emerged to replace a mainland Chinese shareholder in the consortium that bought Li Ka-shing’s The Center tower, barely three months after the C.H.M.T Peaceful Development Asia Property group hogged the media spotlight as owners of the world’s priciest office building.

Pollyanna Chu, Hong Kong’s richest woman of 2017 according to Forbes, and Shimao Property Holdings’ founder Hui Wing Mau have taken up the 55 per cent stake owned by…

Source : South China Morning Post
Read more…The Center is back in Hong Kong hands as mainland firm pulls out of buying world’s costliest tower