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McDonald's Sells Kowloon Property for HK$72.4 Million

12/9/2025

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Summary

Story summary

McDonald’s sold a Kowloon property for HK$72.4 million as part of a plan to sell eight Hong Kong retail properties.
Mega Champ bought two ground-floor shops and an office unit in the Tai Fong Building on November 26.
McDonald’s paid HK$24.1 million in 1989, delivering a 200% gain.
The company is reviewing its local real estate portfolio, including properties in Tsim Sha Tsui and Causeway Bay valued at HK$1.2 billion.

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Story summary

McDonald’s sold a Kowloon property for HK$72.4 million as part of a plan to sell eight Hong Kong retail properties.
Mega Champ bought two ground-floor shops and an office unit in the Tai Fong Building on November 26.
McDonald’s paid HK$24.1 million in 1989, delivering a 200% gain.
The company is reviewing its local real estate portfolio, including properties in Tsim Sha Tsui and Causeway Bay valued at HK$1.2 billion.