McDonald’s Markets Eight Hong Kong Retail Properties Valued at HK$1.2 Billion in Public Tender Closing September 16

McDonald's is marketing eight of its prime retail properties in Hong Kong, collectively valued at HK$1.2 billion (approximately $153 million). The company plans to sell these properties through a public tender process, with bids closing on September 16, according to real estate services firm JLL. This move comes amid a weak real estate market in Hong Kong, making the sale a notable event in the city's property sector. The properties are being offered for sale at a time when demand in the local market remains subdued.