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Swire Properties: discussing or selling one Cityplaza but no agreement has been reached yet

2020-10-28T05:08:53.238Z


Swire Properties (1972) announced that the company is currently in discussions, which may result in the sale of the interest in the multi-storey office building at 1111 King’s Road in Taikoo Shing (i.e. One Cityplaza), and no agreement has been reached on the sale.


Real estate market

Written by: Kuang Yueting

2020-10-28 12:49

Last update date: 2020-10-28 12:49

Swire Properties (1972) announced that the company is currently discussing that it may lead to the sale of the interest in the multi-storey office building at 1111 King's Road in Taikoo Shing (ie, one Taikoo Shing Centre). No agreement has been reached on the sale.

Trading in Taidi and Swire (0019, 0087) will resume in the afternoon.

There was news in the market this morning that Phase 1 of Cityplaza held by Swire Properties (1972) was negotiated by buyers to the end. New buyers reported that the real estate private equity fund management company Gaw Capital Capital had a higher voice, but it is temporarily unknown. Negotiated purchase amount.

It is rumored that nearly 10 billion yuan will be involved.

Rumored to be sold for tens of billions of Swire Properties in Taikoo Shing Plaza: discussions are ongoing

Swire Properties Taikoo Cityplaza

Source: hk1

All news articles on 2020-10-28

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