Shouhua Finance Network plans to rebuff HK$39.8 million to buy commercial properties in Central
Shouhua Finance Network plans to use HK$39.8 million to purchase the 17th floor of China Consortium Building, 64 Connaught Road Central, and 133 Des Voeux Road Central, as well as toilets A and B for office properties.
Shouhua Finance Network (08123) issued an announcement saying that it has entered into a binding provisional agreement to purchase the 17th floor of the Chinese Manufacturers’ Association Building and the toilets A and B at 64 Connaught Road Central and 133 Des Voeux Road Central for a consideration of HK$39.8 million. The transaction will be on or before January 31, 2011.
The property is a commercial property located in Central, Hong Kong with a total gross floor area of 3,200 square feet. Shouhua Finance Network plans to use the property as an office property after the lease agreement expires.