Soho China considers $8b office tower sales

Soho China Ltd. is considering selling $8 billion of its commercial property holdings, reported other media outlets. The sale of these properties would liquidate the company’s mainland assets.

The portfolio is said to consist of the developer’s eight core commercial assets in Beijing and Shanghai, which includes the Zaha Hadid-designed Soho Galaxy in the Chinese capital.

There are two properties in Beijing and one in Shanghai, which are being marketed to Blackstone and GIC, according to sources cited in Bloomberg and Caixin. And a separate report in Sina.com indicated that the three properties are Gua