Property News · November 16, 2017

Wharf’s commercial property spin-off to go public on November 23


Wharf Holdings’ new commercial properties spin-off, Wharf Real Estate Investment Company (REIC), is scheduled to list on the main board of the Hong Kong stock exchange, on November 23.
One of Hong Kong’s biggest landowners, Wharf Holdings said on Wednesday the spin-off and listing of Wharf REIC provides a strong investment proposition for investors, and will help increase transparency of both companies’ business operations and financials.
It also means the new entity can gain…

Source : South China Morning Post
Read more…Wharf’s commercial property spin-off to go public on November 23