Skip to content
Subscriber Only

China Everbright to Buy Hong Kong Tower for $1.3 Billion

  • Everbright, unit buy Dah Sing Financial Centre in Wan Chai
  • Hong Kong is the world's most expensive office market
Updated on

China Everbright Holdings Co. and a unit agreed to buy a commercial building in Hong Kong for HK$10 billion ($1.3 billion), adding to the number of Chinese companies mopping up real estate in the world’s most expensive office market.

They are buying Dah Sing Financial Centre, a top-tier office building in the Wan Chai district, which will be used as office space by the group, according to a Thursday statement by unit China Everbright Ltd. to the Hong Kong Stock Exchange.