![](https://i.imgur.com/CLvY2jA.png")
29-09-2022, 07:57 AM
Iris Ouyang
and Pearl Liu
Published: 9:54pm, 28 Sep, 2022
......
Li’s flagship property company CK Asset Holdings agreed to sell its project known as 21 Borrett Road at Mid-Levels for HK$20.8 billion (US$2.6 billion) to pocket a HK$6.3 billion profit
......
The buyer, LC Vision Capital 1, is an offshore fund founded by Sino Suisse Capital, a closely held money manager run by Albert Liu, former head of high net-worth client management for China at UBS Asset Management.
......
“It is a very good deal for CK Asset,” said Joseph Tsang, chairman of JLL in Hong Kong. “Although on the surface the average price tag is below what it sold previously at the project, it is not an easy job to find one single buyer to take all the remaining units at one go in this market, which is at the beginning of a downside cycle.”
https://www.scmp.com/business/article/31...ls-project
and Pearl Liu
Published: 9:54pm, 28 Sep, 2022
......
Li’s flagship property company CK Asset Holdings agreed to sell its project known as 21 Borrett Road at Mid-Levels for HK$20.8 billion (US$2.6 billion) to pocket a HK$6.3 billion profit
......
The buyer, LC Vision Capital 1, is an offshore fund founded by Sino Suisse Capital, a closely held money manager run by Albert Liu, former head of high net-worth client management for China at UBS Asset Management.
......
“It is a very good deal for CK Asset,” said Joseph Tsang, chairman of JLL in Hong Kong. “Although on the surface the average price tag is below what it sold previously at the project, it is not an easy job to find one single buyer to take all the remaining units at one go in this market, which is at the beginning of a downside cycle.”
https://www.scmp.com/business/article/31...ls-project
![[+]](https://sgtalk.net/images/bootbb/collapse_collapsed.png)
