Upstairs Kowloon Center upstairs to sell 250 million shares sold

Man Kwong Wah, the managing director of Midland Retail, said that he had been authorized by the owners to dispose of the entire ground floor of 3 / F, Kowloon Center, 29 – 39 Ashley Road, Tsim Sha Tsui. The property has a gross floor area of approximately 16,300 square feet and a leasehold of 2.5 100 million yuan sale, foot price of about 15,300 yuan. The property is currently rented by a well-known catering group with a monthly rent of about $ 580,000. The lease term will expire in December 2019, when new buyers purchase for a consideration of $ 250 million with a rental return of about 2.8%.