Hongkong Land to Sell Part of One Exchange Square for HK$6 Billion; Shares Surge 10%
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Hongkong Land has agreed to sell the top nine floors of One Exchange Square to Hong Kong Exchanges and Clearing for HK$6.3 billion. The sale includes 147,025 square feet of space, with 45% of proceeds expected in 2025 and the remaining 55% by 2026. Following the announcement, shares of Hongkong Land surged nearly 10%.
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