CBRE Appointed as Sole Agent for the Sale of Waterfront Site at Hoi Yu Street, Quarry Bay by Public Tender
CBRE has been appointed as the Sole Agent by the Receivers for the sale of The Remaining Portion of Inland Lot No. 8590 and The Remaining Portion of Inland Lot No. 8723 at Hoi Yu Street, Quarry Bay (collectively the “Lots”) by public tender.
22 Jun 2022
22nd June 2022, Hong Kong - CBRE has been appointed as the Sole Agent by the Receivers for the sale of The Remaining Portion of Inland Lot No. 8590 and The Remaining Portion of Inland Lot No. 8723 at Hoi Yu Street, Quarry Bay (collectively the “Lots”) by public tender. Upon request of potential buyers, the tender closing date is postponed to 12:00 noon on 25th July 2022 (Monday).
Reeves Yan, Head of Capital Markets and Executive Director of CBRE Hong Kong said, "The site is to be developed into a large-scale mixed-use complex integrating commercial, leisure and tourism use, which is highly sought-after among different type of buyers including local / PRC developers, REITs, institutional funds, family offices, private investors etc. We receive requests from most of the potential buyers demanding extra time to study the property thoroughly and make informed internal discussion. In view of this, CBRE, as the Sole Agent of the Receivers (FTI Consulting), would like to postpone the tender closing date to 12:00 noon on 25th July 2022 (Monday) upon the instruction of the Receivers.”
For any enquiries regarding this property, inspection of title deed or access to tender document, please contact Reeves Yan, Head of Capital Markets & Executive Director at 852 9463 9892 or Jerry Yuen, Director, Capital Markets at 852 9383 0249 or Ray Chan, Assistant Manager, Capital Markets at 852 6103 5679.
Property Advertising Number:
Neither CBRE nor its affiliated companies make any warranties or claims on the implied accuracy of the information contained herein.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at https://www.cbre.com.