Swire/Mapletree

Swire sells Festival Walk to Mapletree

Swire banks $2.4 billion from the sale of the Festival Walk mall to Mapletree Investment.

<div style="text-align: left;"> Festival Walk comprises around 580,000sqf of retail area and 220,000sqf of office space </div>

Sameera Anand

August 01, 2011

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).

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#swire
#mapletree
#festival walk