Property News · September 29, 2016

Three levels of Convention Plaza in Wan Chai sell for record price


Hong Kong office prices continue to rise, as the latest headline deal saw one mainland company buy three consecutive office floors at Convention Plaza in Wan Chai on Wednesday, for a combined HK$1.38 billion.
CEFC China Energy Company, ranked as one of the mainland’s ten largest private companies by China Daily in 2014, bought floors 21-23 with a combined 49,554 office spaces through two separate firms, Tactic Ally Limited and Dunhan Ventures Limited.
The Shanghai-based company, founded…

Source : South China Morning Post
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