Three commercial properties, worth a total of more than HK$500 million, are being offered for sale by tender or private negotiation despite the relatively quiet investment market as the Lunar New Year approaches.
Office floors in Sheung Wan's Wing Shan Tower represent the largest offering of the three. A large portion of this building - 143,231 square feet - is on the market.
Located at 173 Des Voeux Road and 84-86 Connaught Road, the property is being offered for tender, which closes on January 25, by FPDSavills.
The property is leased to various tenants and comes with parking spaces.
Meanwhile, Colliers Jardine will handle the tender sale of the 33rd, 34th and 35th floors of Wu Chung House in Wan Chai.
Located at 213 Queen's Road East, the 73,674 sq ft space, owned by the Guoco Group, is leased to Dao Heng Bank, previously a Guoco-controlled company, for a six-year term at a monthly rent of HK$810,414.