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Industrial Building Big Orange Reportedly Sold En Bloc for HKD500M
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Big Orange, an industrial building located in Tai Wai and owned by FULUM GP HLDG (01443.HK) Chairman Yeung Wai or related parties, is said to be sold en bloc for HKD500 million, a transaction price of around HKD2,117 per square foot. Held for nearly 13 years, this property yielded a book profit of HKD2 million or 0.4%. The current tenants of Big Orange include BYD COMPANY (01211.HK), an electric vehicle leader in China. AAStocks Financial News |
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