houseoffunfreecoins2022today| ITC Properties (00199.HK) plans to sell property in Central, Hong Kong for HK$260 million

Gelonghui (00199.HK) notice on April 30thHouseoffunfreecoins2022todayOn April 30, 2024,Houseoffunfreecoins2022todaySeller Great Intelligence Limited (indirect wholly-owned subsidiary of the company) and buyer Mexfair LimitedHouseoffunfreecoins2022todayThe agreement was entered into under which the seller agreed to sell and the buyer agreed to purchase the property for a consideration of HK $260 million

According to the terms of the agreement, the buyer agrees to lease the property to the designated tenant (wholly owned subsidiary of the company) at a rent of HK $650 per calendar month.Houseoffunfreecoins2022today, 000 yuan (excluding management fee, rates and government rent, all borne by the designated tenant) for an initial period of one year from the completion date, the designated tenant may choose to renew the lease for another year at the same rent

The property to be sold by the Vendor includes (I) the property, which is located on the full floor of Bank of America Tower, 12 Harcourt Road, Central, Hong Kong, with a gross floor area of approximately 13880 square feet; and (ii), four (4) parking spaces located at 4 / F, Bank of America Centre, 12 Harcourt Road, Central, Hong Kong under nos. 4043, 4087, 4088 and 4089 respectively. The property is used as the headquarters of the Group in Hong Kong.