---
title: "Far East Consortium Sells UK Office and Extends Loan in Discloseable Deal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278351265.md"
description: "Far East Consortium International has agreed to sell a UK office property for £18 million and extend a £38.2 million loan to the buyer. The total transaction value is £65.2 million, with expected net proceeds of £19 million for working capital. This aligns with the company's strategy to divest non-core assets. The transactions are discloseable under Hong Kong listing rules, requiring reporting to stakeholders. The latest analyst rating for the stock is a Hold with a price target of HK$0.85."
datetime: "2026-03-08T22:38:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278351265.md)
  - [en](https://longbridge.com/en/news/278351265.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278351265.md)
---

# Far East Consortium Sells UK Office and Extends Loan in Discloseable Deal

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Far East Consortium International ( (HK:0035) ) has shared an update.

Far East Consortium International has agreed to dispose of an office property in the United Kingdom for £18 million, while its group company will extend a £38.2 million term loan to the purchaser to fund settlement of the overall transaction consideration. The aggregate consideration for the related transactions is £65.2 million, and the group expects net proceeds of about £19 million, which will be used as general working capital and is described by the board as aligned with its strategy of divesting non-core assets and advancing completion of the Hornsey-related deals.

The office disposal and the associated loan both qualify as discloseable transactions under Hong Kong listing rules, as their respective percentage ratios exceed 5% but remain below the 25% threshold. As a result, the company is subject to reporting and announcement requirements, underscoring the financial significance of the restructuring of its UK holdings and the revised payment terms for the Hornsey transactions to shareholders and other stakeholders.

The most recent analyst rating on (HK:0035) stock is a Hold with a HK$0.85 price target. To see the full list of analyst forecasts on Far East Consortium International stock, see the HK:0035 Stock Forecast page.

**More about Far East Consortium International**

Far East Consortium International is a Hong Kong-listed conglomerate engaged primarily in property development, investment and related businesses, with a portfolio that includes residential, commercial and hospitality assets in various international markets. The group regularly reviews its asset base and capital structure, divesting non-core properties to recycle capital and support its broader development pipeline and working capital needs.

**YTD Price Performance:** 19.44%

**Average Trading Volume:** 402,756

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$2.63B

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