Swire/Mapletree

Swire sells Festival Walk to Mapletree

Swire banks $2.4 billion from the sale of the Festival Walk mall to Mapletree Investment.
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Festival Walk comprises around 580,000sqf of retail area and 220,000sqf of office space
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<div style="text-align: left;"> Festival Walk comprises around 580,000sqf of retail area and 220,000sqf of office space </div>

In its biggest-ever property deal, Swire Properties is selling the Festival Walk mall and commercial complex in Hong Kong to Mapletree Investment, a Singapore property developer, for HK$18.8 billion ($2.4 billion).

¬ Haymarket Media Limited. All rights reserved.

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