Henderson sells Golden Centre bureau building for HK$4.4 billion

Henderson Land Development has concluded to sell a Golden Centre bureau building in Sheung Wan to an undisclosed customer for HK$4.4 billion, according to a filing done to a Hong Kong Stock Exchange on Thursday.

The 27-storey building during 188 Des Voeux Road Central, that was built in 1991, has a sum building area of approximately 156,000 block feet.

The sale is approaching to be finished by Dec 1, a filing said, with an estimated benefit of approximately HK$1.996 billion attributable to a company’s reported distinction for a year finale Dec 31, 2016.

Earlier this year, there were marketplace rumours that a developer had expelled 30 properties owned possibly by Henderson Land or a authority Lee Shau-kee for sale with an demonstrative cost of HK$68 billion, in areas including Kwun Tong, North Point and Central.

While Henderson has not disclosed a Golden Centre’s buyer, mainland Chinese companies have led direct for bureau skill in a city.

Mainland developer China Evergrande Group paid Chinese Estates Holdings a record HK$12.5 billion for a 26-storey Mass Mutual Tower in Wan Chai.

Last month, Hong Kong’s wealthiest male Li Ka-shing put 73-storey building The Center adult for sale during a gratefulness of HK$35 billion.

Henderson Land’s batch cost fell 0.11 per cent on Thursday to HK$45.35 a share. The batch is adult 5.69 per cent given January.