Wheelock Properties sells Oasis Place for HK$200m

Business | 14 Sep 2020 7:14 pm

Wheelock Properties has sold Oasis Place shopping mall in Kai Tak, subject to tenancy, for HK$200 million.

The 10,000-sq-ft shopping mall is a part of Oasis Kai Tak, a residential project of the developer.

Wheelock Properties has sold a basket of non-core assets in Hong Kong for more than HK$620 million in the past 12 months, including shops in Lexington Hill in Kennedy Town, several units with parking space in World Tech Centre in Kwun Tong, and serval parking spaces for cargo loading in Telford House in Kwun Tong.

The developer said it will gradually sell non-core assets in the city to support the development of its Hong Kong business.

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