University of Hong Kong in Negotiations to Purchase Office Building for Own Use, Proposes to Buy at Price of 4 Billion US Dollars

NightAirdropper · 2026-03-13T02:20:36+00:00

Wise News: On March 13, according to market sources cited by the Hong Kong Economic Journal, the University of Hong Kong is in negotiations with local developer Tai Hung Fai, planning to acquire an office building in Sai Ying Pun for HK$4 billion. The building covers over 380,000 square feet, including office and retail space, and is scheduled to be completed in early next year. According to reports, the university plans to purchase it for its own use.

NightAirdropper

2026-03-13 02:20:36

Smart Insight News: On March 13, according to a report by the Hong Kong Economic Daily citing market sources, the University of Hong Kong is in negotiations with local developer Dahonghui to acquire an office building in Sai Ying Pun for HKD 4 billion. The building covers over 380,000 square feet, including office and retail spaces, and is scheduled to be completed early next year. The university plans to purchase it for self-use.

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