More News
COMMERCIAL PROPERTY | Staff Reporter, Hong Kong

Swire Pacific sells Festival Walk shopping center to Singapore firm

The HK$18.8b sale is the biggest ever for Swire Pacific.

A Bloomberg report said, “Swire will record a profit of HK$1.6b from the sale with a book value of HK$17.2b at the end of 2010.”

The commercial complex is being sold to Mapletree Investments, a unit of Temasek.

View the report here.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.