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DL Holdings to Acquire New Commercial Tower in Central Hong Kong

09 Aug 2023

DL Holdings Group Ltd (1709.HK) recently announced its plan to invest nearly HKD 300 million to acquire the top five floors of the soon-to-be-completed "92 Wellington Street" premier new integrated commercial tower, along with the entire rooftop area and naming rights of the building.


The "92 Wellington Street" project is situated at 92-96 Wellington Street in the core commercial district of Central, Hong Kong. It is a mere 5-minute walk from the International Finance Centre (IFC), a 7-minute stroll from Landmark, a 6-minute walk from Central MTR station, and just 4 minutes away from Lan Kwai Fong. This prime location places it at the absolute heart of Hong Kong Island's commercial and retail hub. DL Holdings intends to acquire the top floors, spanning from the 21st to the 26th, and includes a spacious rooftop offering panoramic views of Victoria Harbor. The project is jointly held by Capital Strategic Real Estate (497.HK) and a Canadian retirement fund, with Capital Strategic serving as the developer and the property being managed comprehensively by leading international real estate firm Cushman & Wakefield.

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