Goldin Financial Global Centre in Hong Kong for sale at HK$12 bil

/ EdgeProp Singapore
September 28, 2020 1:50 PM SGT
SINGAPORE (EDGEPROP) - Goldin Financial Global Centre (GFGC) in Hong Kong is on the market at a guide price of HK$12 billion ($2.1 billion) or over HK$14,000 per sq ft on the plot ratio gross floor, according to Knight Frank, which is marketing the property.
Goldin Financial Global Centre - EDGEPROP SINGAPORE
Goldin Financial Global Centre (Credit: Knight Frank)
Completed in 2016, the property at 17 Kai Cheung Road, Kowloon Bay is a Grade A office building. It spans 28 storeys with a gross floor area of 852,433 sq ft, and occupies a site of 71,042 sq ft.
The office building is 76% occupied with a mix of international and local tenants, which include those in property, jewellery as well as retail, financial and building services.
Goldin Financial Global Centre had previously been seized by creditors as its developer, Goldin Financial Holdings was unable to meet its debt obligations.
The Expression of Interest exercise will close at 12pm on Nov 11.