China Merchants Commercial Real Estate Investment Trust has completed the acquisition of the Austin Avenue Hotel. The transaction was finalized on January 29, 2026, after all conditions under the share purchase agreement were satisfied or waived. The total consideration for the acquisition was approximately HK$205.39 million, settled through a deposit of HK$20.60 million and a new bank facility of about HK$184.79 million. Following completion, the trust, through a wholly-owned special purpose vehicle, has become the sole beneficial owner of the Austin Avenue Hotel. The update was disclosed by China Merchants Land Asset Management Co., Limited, the manager of the trust.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Merchants Commercial Real Estate Investment Trust published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260129-12005034), on January 29, 2026, and is solely responsible for the information contained therein.