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Transactions - APRIL 30, 2020

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New World Development to sell Hong Kong office for $390m

by Andrea Zander

New World Development has listed for sale a Hong Kong commercial property at an asking price of HK$3 billion ($390 million), as the company looks to offload non-core assets, according to a person familiar with the matter who spoke to Mingtiandi.

The asset, KOHO, totals 160,000 square feet spanning up 12 stories.

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