Savills has successfully assisted Fook Lee Holdings Limited in selling Fook Yee Building in Wanchai for over HK$800 million. Fook Lee Group has now appointed Savills as the sole agent for the sale of six of their properties through open tender.
Savills has successfully assisted Fook Lee Holdings Limited in selling Fook Yee Building in Wanchai for over HK$800 million. Fook Lee Group has now appointed Savills as the sole agent for the sale of six of their properties through open tender. They include:
• Fook Lee Commercial Centre, 33 Lockhart Road, Wanchai
• Commercial House, 35 Queen’s Road Central, Central
• Fook Lai Building, 288 - 290 Queen’s Road Central, Sheung Wan
• Fook Chi Building, 135 Kowloon City Road / 92 Pau Chung Street, To Kwa Wan
• South Bay Villa, 35 South Bay Road, Repulse Bay
• Fook Shun Industrial Building, 11 On Chuen Street, Fanling
The tender details will be announced at a later stage.
Raymond Lee, CEO of Greater China, Savills, who will head the team selling the property portfolio, said, “We are delighted to be appointed to sell the properties after the successful conclusion of Fook Yee Building. We will definitely strive for the best price for Fook Lee Group. Given the properties’ locations and investment potential, I believe the tenders will attract a lot of interest from investors and end users.”