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00410 SOHO CHINA
RTNominal down0.640 -0.020 (-3.030%)
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02/10/2019 15:31

SOHO China (00410) to sell car parking spaces at RMB761m

[ET Net News Agency, 2 October 2019] SOHO China Limited (00410) said its subsidiaries
have agreed to sell car parking spaces to Huibo Car Park Investment (Guangzhou) Co., Ltd.
at the initial consideration of approximately RMB761 million.
The car parking spaces consist of a total of 2,583 underground car parking spaces
situated at Jianwai SOHO (East), Sanlitun SOHO, SOHO Shangdu, Chaowai SOHO, SOHO Nexus
Center, Galaxy SOHO, Chaoyangmen SOHO, Danling SOHO and Zhongguancun SOHO.
It is expected that the group will record a gross profit of approximately RMB253 million
from the disposal. (RC)

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