Hong Kong Watchdog Sfc Acquires 12 Floors in Swire Properties’ One Island East for Us$691 Million in ‘Cost-Saving’ Deal

Direct Answer • Key Takeaway

The Sfc Has Signed a Sale-and-Purchase Agreement with the Property Developer to Acquire 12 Floors of the Grade-a Office Building, According to a Statement on Friday. the Acquisition of the Nine Floors the Sfc Currently Occupies Will Take Effect from December, While the Acquisition of Three Additional Floors Will Be Completed by 2028, the Regulator Said.

Robert Thorne

Robert Thorne

Automotive & Future Transportation Editor

Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.

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