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01628

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YUZHOU GROUP's subsidiary plans to sell Hong Kong property for HKD 269 million

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YUZHOU GROUP announced that its subsidiary intends to sell a property located in the Central Center of Hong Kong to XinYao Limited for HKD 269 million. The property is partially self-used and partially vacant, and it is expected that after the transaction is completed, the self-used portion will be leased back to the seller by the buyer

According to the announcement from Zhitong Finance APP, Yuzhou Group (01628) plans to sell a property to the buyer (Xinyao Limited) on June 16, 2026, for a price of HKD 269 million. The property includes rooms 5801, 5802, 5803, 5805, 5806, and 5813 on the 58th floor of the Central Center at 99 Queen's Road Central, Hong Kong. Part of the property is currently used by the group as an office (self-use portion), while another part (non-self-use portion) is vacant as of the date of this announcement. It is expected that the self-use portion will be leased back to the seller by the buyer upon completion

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