4 days ago
McDonald's Seeks to Sell $153 Million in Hong Kong Store Space
McDonald's Corp. is marketing eight of its retail properties in Hong Kong valued at HK$1.2 billion ($153 million), at a time when the real estate market in the city remains weak.
The fast food chain is offloading the shops located in major shopping districts including Tsim Sha Tsui and Causeway Bay while keeping the leases, property agency JLL, which was appointed to handle the tender, said in a statement on Monday.
