Aerial drone view of the former Kai Tak runway site taken January 31, 2019. Photo: Martin Chan

HNA will sell its last Kai Tak parcel to Wheelock at a HK$550 million loss

  • HNA bought the plot in March 2017 for HK$7.44 billion, or HK$13,500 per square foot, and then incurred costs such as interest and foundation work
Topic |   Hong Kong property

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Aerial drone view of the former Kai Tak runway site taken January 31, 2019. Photo: Martin Chan
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