In view of the current favorable commercial real estate market conditions in Hong Kong, it has appointed Savills (Hong Kong) Limited, on behalf of Crown Crown Reit (02778), to explore the possibility of selling all the rights and interests of Crown Crown Reit in the Langham Place office building at 8 Argyle Street, Mong Kok, Kowloon.
According to the announcement, the trust manager is Eagle Asset Management (Guanjun) Limited and is also the manager of Guanjun Reitt. The Group holds an interest in Guanjun REIT in approximately 65.62%.
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