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Shimao slashes Hong Kong Sheraton hotel price by 25% to speed up restructuring

Mainland Chinese developer is asking HK$4.5 billion (US$579 million) for the asset, down from HK$6 billion in March 2023, according to a source.

By: scmp.com

Dec 24 2024
231
8066 Views

Shimao slashes Hong Kong Sheraton hotel price by 25% to speed up restructuring

Mainland Chinese developer is asking HK$4.5 billion (US$579 million) for the asset, down from HK$6 billion in March 2023, according to a source.

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Former Taiwan leader emphasises shared historical roots of island and mainland Chinese