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McDonald’s Sells Hong Kong Shop to Huge Power for $11.9M

Announced
Real Estate ServicesDivestiture

Deal Overview

McDonald’s has sold a Hong Kong retail property for US$11.9 million (HK$93.5 million) to Huge Power (China) Ltd., extending its asset sell-down in Hong Kong. The ground-floor unit is located at Mount Sterling Mall in Mei Foo Sun Chuen, Lai Chi Kok.

The 6,915 square foot shop was sold at about HK$13,500 per square foot. McDonald’s Restaurants (Hong Kong) Ltd. will continue to lease the premises under a 20-year tenancy agreement running until 2036. The sale follows a prior 1988 purchase by McDonald’s for HK$27.4 million and brings total Hong Kong proceeds to about HK$580 million.

Key Details

Transaction
Huge Power (China) acquires McDonald’s Restaurants (Hong Kong)
Deal Size
Under $10M
Reported Value
US$11.9 million

Filed under

Source

Read full article on scmp.com

via SCMP - Property (Asia) · March 4, 2026

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