Wheelock eyes HNA’s last Kai Tak plot even as it posts a 1.5pc rise in 2017 core profit

Buoyed by the demand for its Malibu project in Lohas Park, Wheelock raises prices of new batch of flats by 8.8pc

Potential buyers view a scale model of Wheelock’s Malibu project at Harbour City, in Tsim Sha Tsui, on Saturday. Photo: Xiaomei Chen

Wheelock and Co, which pulled in HK$6.4 billion (US$816 million) in property sales over the weekend, said on the Monday that it is interested in HNA Group’s last residential site in Kai Tak should the debt-laden Chinese conglomerate put it up for sale.

The company bought a similar site in Kai Tak for HK$6.36 billion from HNA last week.

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