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Landlord plans to raise the rent for the prime retail space to HK$2.21 million, according to property agents.
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The pricing is about 20 per cent below second-hand properties in the district in the New Territories, Midland Realty says.
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Despite a 42 per cent slide over the past six years, prime office rents in Hong Kong remained the most expensive in the region.
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The 22-storey luxury property in Macau’s Coloane district was estimated last year to be worth US$309 million.
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Two groups of creditors, holding about 26 per cent of Sunac’s existing debt, could choose to receive two types of mandatory convertible bonds.
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