6/9/2018-3

Dechang Plaza is asking for 1.2 billion

CB Richard Ellis and Savills Davis were appointed as joint sole agents to sell Dechang Plaza, 14 to 16 Lizhong Street, Chai Wan, with an intentional price of $1.2 billion and a price of 12,569 yuan. The tender closing date is 10 On the 11th of the month. The property is a revitalized industrial building. It is expected that the refurbishment will be completed this quarter. The building is 11 stories high, with a floor area of approximately 7,000 to 9000 square meters per floor and a total building floor of approximately 95476 square meters. The property has obtained government permission for catering and shops. Leisure centers, education centers and office buildings.

Dechang Motor related person holds

Siu Shun-hsin, senior director of Savills and head of the Kowloon Department, said that the traffic in Dechang Plaza is convenient. The sale of the whole building is a rare project on Hong Kong Island. According to the Land Registry, the address was purchased by Harbour Sky (Asia) Limited in 1993 with a total of 236.61 million yuan. The company’s directors include Wang Haoyi, vice chairman of Johnson Electric (00179).