View of the construction site at One Victoria in Kai Tak, November 2021. Photo: SCMP/Martin Chan
View of the construction site at One Victoria in Kai Tak, November 2021. Photo: SCMP/Martin Chan

China Overseas Land sells stake in Kai Tak land plot for HK$1.35bn amid gloomy mainland market outlook

  • COLI said Coli Finance, its wholly controlled subsidiary, sold a 30 per cent stake of residential land in Kai Tak for HK$1.35 billion
  • The stake-backed home builder’s move follows in the wake of a series of deals by cash-strapped Chinese developers to sell down assets

Topic |   China Evergrande Group
View of the construction site at One Victoria in Kai Tak, November 2021. Photo: SCMP/Martin Chan
View of the construction site at One Victoria in Kai Tak, November 2021. Photo: SCMP/Martin Chan
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