McDonald’s-leased HK retail sites hit market in $1.2b sale

The properties are located in high-traffic areas including Tsim Sha Tsui, Causeway Bay, Mong Kok, among others.

JLL has announced the launch of a public tender for eight prime retail properties in Hong Kong, all of which are leased long-term to McDonald’s.

The portfolio, valued at approximately $1.2b, offers the option for investors to purchase the assets individually or as a whole. The tender is scheduled to close on 16 September 2025 at noon.

According to JLL, the sole agent managing the sale, the properties are located in high-traffic areas including Tsim Sha Tsui, Causeway Bay, Mong Kok, Kennedy Town, Tai Kok Tsui, Yuen Long, Tsuen Wan, and Tsz Wan Shan.

Individual unit sizes range from about 6,800 to 19,000 square feet. The largest site is situated on the ground floor and basement of Star House at No. 3 Salisbury Road in Tsim Sha Tsui.

All eight sites are currently fully occupied, with most leased exclusively to McDonald’s. Some also include additional tenants such as 7-Eleven and local pharmacies.