Once a crown jewel of Chinese tycoon Hui Ka-yan’s property empire, the Evergrande Centre was recently taken over by receivers from Alvarez & Marsal. Photo: Edmond So
Once a crown jewel of Chinese tycoon Hui Ka-yan’s property empire, the Evergrande Centre was recently taken over by receivers from Alvarez & Marsal. Photo: Edmond So

Evergrande crisis: creditors seek to drum up demand for Hong Kong trophy headquarters with rebuilding plan for a higher, harbour-view tower

  • The cost of knocking down and rebuilding the tower in Wan Chai could add HK$3 billion to the cost for the land, agents estimate
  • Once a crown jewel of Chinese tycoon Hui Ka-yan’s property empire, the Evergrande Centre was recently put on the market by receivers from Alvarez & Marsal

Once a crown jewel of Chinese tycoon Hui Ka-yan’s property empire, the Evergrande Centre was recently taken over by receivers from Alvarez & Marsal. Photo: Edmond So
Once a crown jewel of Chinese tycoon Hui Ka-yan’s property empire, the Evergrande Centre was recently taken over by receivers from Alvarez & Marsal. Photo: Edmond So
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