Excelsior hotel auction in mid-September cut

Causeway Bay site reconstruction value is high, and the whole sea commercial buildings is hard to find a place. Owners earlier marked the Excelsior Hotel, will be closed in the next month, expected to be multi-channel consortium negotiations.

Earlier, Wenhua Oriental International announced the preparation of the sale of Causeway Bay Excelsior Hotel, and commissioned a number of surveyors as a market agent, to different customers, it is understood that the project will be closed in mid-September, the initial response is very good Received a number of consortium inquiries.

Has been rebuilt commercial buildings for office buildings

Excelsier Hotel in February 2015 by the Buildings Department approved the building plans, prospective reconstruction of a 26-storey commercial buildings, can build a floor area of about 684,000 square feet, is expected to purchase new buyers to buy a larger opportunity, The market valuation of about 27 billion yuan per square foot floor price of about 40,000 yuan.

Causeway Bay Hotel is not much money, such as the previous sale of the Bank of Rosedale Hotel, the project was the consortium bid of about 1.8 billion to meet the end, with 299 rooms and suites, is a 4-star number, the average price per room More than 600 million yuan.