SPX4,280.15+72.88 1.73%
DIA337.83+4.12 1.23%
IXIC13,047.19+267.27 2.09%

China developer Evergrande gets bid for Hong Kong HQ from CK Asset

China developer Evergrande gets bid for Hong Kong HQ from CK Asset

Reuters · 07/28/2022 00:22
China developer Evergrande gets bid for Hong Kong HQ from CK Asset

- CK Asset Holdings CHKGF, founded by billionaire Li Ka-shing, said on Thursday it has submitted a bid for the Hong Kong headquarters of embattled Chinese developer Evergrande Group EGRNY.

Evergrande recently assigned real estate services group Cushman & Wakefield as the sole agent to sell the 345,000 square foot office building following a failed sale last year, the Financial Times reported on Thursday, citing sources, and the sale was expected to fetch a much lower figure this time, closer to HK$9 billion ($1.15 billion).




($1 = 7.8491 Hong Kong dollars)


(Reporting By Clare Jim and Anne Marie Roantree; Editing by Christian Schmollinger)

((annemarie.roantree@thomsonreuters.com; +852 97387151; Reuters Messaging: annemarie.roantree.thomsonreuters.com@reuters.))