Chinese developer sells Vauxhall Square site to Hong Kong rival

By Dave Rogers2022-03-16T07:56:00

Far East Consortium takes scheme off R&F’s hands for knockdown price

R&F Properties is selling its Vauxhall Square site in London to Hong Kong rival Far East Consortium International.

The parcel of land in Vauxhall has been sold for £95.7m at a discount of about 42% to market valuation, R&F said in a statement to the Hong Kong stock exchange.

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