EconomyJardine Matheson’s Causeway Bay shop sale reflects Hong Kong retail property struggles

Amid Hong Kong’s commercial property downturn, Jardine Matheson sold a street-level shop in Causeway Bay for HK$80 million (US$10.2 million), HK$10 million below its earlier valuation. It had held the property for more than 50 years. Land Registry records name Uni Investment Development as the buyer.

Hong Kong propertyretail propertyJardine MathesonCauseway Bay

SSouth China Morning Post★★☆☆☆2026-10-14 23:00Original