24/5/2017-8

Tianfeng Building 87% of the title auction value of 2 billion

Wong Chuk Hang prospects, the main owner of the sale of 63 Wong Chuk Hang Road, Tianfeng Industrial Building, about 87% of the industry, the market valuation of about 20 billion.

CB Richard Ellis and Colliers International said that the owner commissioned the joint auction of Huang Chuk Hang Tianfeng Industrial Building, about 87% of the title, the closing date for the July 6 at 12 noon.

The Tianfeng Industrial Building is 15 stories high and 50 years old. The site is planned for other designated uses (trade (2)) and covers an area of about 18,200 square feet. It can apply for a change of land lease for commercial development or a direct redevelopment. Industrial building, can be built 276,600 square feet of floor area, it is learned that now has about 87% of the joint ownership of the sale of property. It is understood that the property market value of about 20 billion yuan, the floor price of about 7,300 yuan.