Hongkong Land denies report it plans to sell tower in Central (updated)
09/08/2023 04:02
(Recasts to add company comment)
HONG KONG, Aug 9 (Reuters) - Property developer Hongkong
Land HKLD.SI on Wednesday denied a media report it is putting
a well-known Hong Kong office tower on the market, adding it has
no plan to sell any buildings in the central financial district.
Sing Tao Daily reported on Wednesday, citing market sources,
that Hongkong Land is seeking to sell Three Exchange Square, a
33-storey office tower at the core of Hong Kong's financial
district, Central, at an asking price of HK$16 billion ($2.05
billion).
"The market rumour is pure speculation. Hongkong Land has no
plan to sell any of the buildings in Central," a spokesperson
for Hongkong Land said in a statement.
($1 = 7.8140 Hong Kong dollars)
(Reporting by Clare Jim; Editing by Rashmi Aich and Lincoln
Feast)
((clare.jim@thomsonreuters.com;))