Wing Tai Properties (HKG:0369) said it agreed to sell a property in London for HK$273 million, according to a Hong Kong bourse filing on Friday.

Shares of the property developer gained over 3% in late morning trade Monday.

The firm is selling the office premises located in London's Berkeley Square to Berkeley Square (UK), it said.

The property was valued at HK$140 million as of Dec. 31, 2025, and the firm is expected to realize a gain of around HK$115 million from the disposal, it said.