The Center, in Hong Kong’s Central district. Photo: Nora Tam

Souring sentiment snares buyers of world’s costliest office tower

A decision by buyers of The Center to use bonds to finance the US$5.2 billion deal could backfire

Topic |   Hong Kong property

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The Center, in Hong Kong’s Central district. Photo: Nora Tam
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Peggy Sito

Peggy Sito

Peggy Sito is the deputy business editor at the Post. She was previously editor on the property desk and has won various news awards from the Hong Kong Consumer Council, the Newspaper Society of Hong Kong and the Society of Publishers in Asia.

Pearl Liu

Pearl Liu

Based in Hong Kong, Pearl covers the property market in the city and China and follows major listed developers. She previously worked at The Straits Times and has also contributed stories to China Daily.