---
title: "Hongkong Land to Sell Part of One Exchange Square for HK$6 Billion; Shares Surge 10%"
description: "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"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/237502971.md"
published_at: "2025-04-25T05:09:18.000Z"
---

# Hongkong Land to Sell Part of One Exchange Square for HK$6 Billion; Shares Surge 10%

> 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%.

Hongkong Land has agreed to sell the top nine floors of One Exchange Square to the Hong Kong Exchanges and Clearing for HK$6.3 billion, according to a filing with the Singapore Exchange on Thursday.

The total area to be sold is 147,025 square feet and also includes the current retail space on levels 1 and 2 of the building.

Around 45% of the proceeds are expected to be received in 2025 while the balance of 55% will be paid by 2026.

Shares of the property developer surged nearly 10% in recent trading.

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- [H78.SG - HongkongLand USD](https://longbridge.com/en/quote/H78.SG.md)
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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
