Wing Tai Properties to Sell London Asset For HK$273 Million; Shares Gain 3%
MT Newswires Live
Jan 26
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.
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