trending Market Intelligence /marketintelligence/en/news-insights/trending/jwad8gkgt0zlq10vqbzoqg2 content esgSubNav
In This List

Report: Henderson Land receives HK$7.3B bid for Hong Kong office building

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective

Blog

Insights Weekly: Midstream sector gains; loan growth momentum; insurance M&A on the rise


Report: Henderson Land receives HK$7.3B bid for Hong Kong office building

Henderson Land Development Co. Ltd. is believed to have received a HK$7.3 billion bid from an unnamed financial group for its FWD Financial Centre property in Hong Kong's Central district, Mingtiandi reported, citing the Hong Kong Economic Times.

The bid price is higher compared to the HK$5.5 billion asking price that was attached to the office building when the Hong Kong property company marketed the asset in 2017, according to the report.

The property at 308-320 Des Voeux Rd. Central in the city's Sheung Wan area has a construction area of 214,400 square feet, including 182,400 square feet of office space and 32,000 square feet of ground-floor retail area. It is anchored by FWD Insurance, a local company headed by mogul Li Ka-shing's younger son, Richard Li, the Oct. 5 report added.