Wing Tai Properties to Sell London Berkeley Square Office for GBP26.25 Million

Wing Tai Properties Limited ( (HK:0369) ) has shared an announcement.

Wing Tai Properties Limited has agreed, through its indirect wholly owned subsidiary Nation Smart Limited, to sell a Grade A office property at 35 Berkeley Square in London for GBP26.25 million (about HK$273 million) to Berkeley Square (UK) Holdings Ltd, with staged payments including an initial lockout fee and balance due on completion once a specified condition precedent is met. The London asset, which generated modest rental income but reported net losses in 2024 and 2025, forms part of the group’s overseas investment portfolio, and its disposal as a discloseable transaction under Hong Kong listing rules indicates a move to rebalance or optimise its property holdings, with the transaction’s completion still subject to conditions and thus carrying some execution uncertainty for shareholders and investors.

The most recent analyst rating on (HK:0369) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Wing Tai Properties Limited stock, see the HK:0369 Stock Forecast page.

More about Wing Tai Properties Limited

Wing Tai Properties Limited is a Hong Kong-listed property group engaged in the investment, development and management of real estate assets. Its portfolio includes commercial properties such as Grade A office buildings, with exposure to international markets including the United Kingdom.

Average Trading Volume: 102,614

Technical Sentiment Signal: Hold

Current Market Cap: HK$2.58B

For a thorough assessment of 0369 stock, go to TipRanks’ Stock Analysis page.