Digest

PUBLISHED : Wednesday, 29 June, 2011, 12:00am
UPDATED : Wednesday, 29 June, 2011, 12:00am

Commercial confirmor sales top HK$7b

Confirmor sales of commercial units in Hong Kong this year amount to HK$7.046 billion. This represented an increase of 45.1 per cent over the second half of last year, Centaline Property Agency said. In confirmor deals, properties are resold before the original transaction is completed. Peggy Sito

Prime commercial site in Shanghai on the market

A converted four-storey traditional residence in Shanghai is being offered for sale. The property in South Xiangyang Road, Xuhui district, has a gross floor area of 558.84 square metres. It has been converted into shops and sole agent Knight Frank said it is next to one of Shanghai's largest office and mall developments. No asking price was disclosed. Peggy Sito

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