Core Viewpoint - Yongtai Properties (00369) has announced the conditional sale of a property located at 35 Berkeley Square, London, to Berkeley Square (UK) Holdings Ltd for £26.25 million, with net proceeds estimated at approximately HK$255 million intended for general working capital [1] Group 1: Transaction Details - The seller is Nation Smart Limited, a wholly-owned subsidiary of the company [1] - The transaction price is set at £26.25 million [1] - The net proceeds from the sale are approximately HK$255 million [1] Group 2: Strategic Rationale - The company is continuously monitoring market conditions and reviewing its property investment portfolio [1] - The board believes that the sale represents a good opportunity to realize its investment at a reasonable price [1]
永泰地产附属拟2625万英镑出售伦敦物业