McDonald’s to sell 8 retails spaces in Hong Kong for $153m
The fast-food giant said the restaurants remain operational.
McDonald’s is selling eight prime retail properties in Hong Kong valued at $153m (HK$1.2b), according to the appointed sole agent for the sale, JLL.
The portfolio comprises eight McDonald's restaurants, located in high-footfall districts including Tsim Sha Tsui, Causeway Bay, Mong Kok, Kennedy Town, Tai Kok Tsui, Yuen Long, Tsuen Wan, and Tsz Wan Shan.
The properties are sized between approximately 6,800 and 19,000 sq ft. The largest one is the shop on the ground floor and basement of Star House at No. 3 Salisbury Road in Tsim Sha Tsui.
US-headquartered McDonald’s Corporation said in a statement through JLL that there are no planned changes for these locations and that they remain operational.
