Henderson Land’s move to sell non-core assets is an ongoing exercise

The company’s comments came after market talk that it has released 30 properties for sale with an indicative price of HK$68 billion, about 10 per cent lower than previously.

“The group has been offering non-core assets for sale. But we do not have a price tag for these properties,” a spokeswoman at Henderson Land said. “These projects have been on the market for quite some time and we will sell only when we receive an attractive offer.”

A list of 30 properties, either held by Henderson Land or its chairman Lee Shau-kee -- each with price quotation -- has circulated in the market since Tuesday. They comprise of office space and shopping malls, as well as residential and industrial projects in Kwun Tong, North Point, To Kwa Wan, Cheung Sha Wan, Tsim Sha Tsui and Central.

Among them, the 22-storey office building, Manulife Financial Centre, in Kwun Tong is the priciest with an estimated valuation of HK$18 billion.

The company’s 44-storey AIA Tower in North Point is believed carry a HK$12 billion price tag.

The spokeswoman said it is a document for internal reference.

“These properties are subject to negotiation and we do not have a listed price for each of the projects,” she said.