Projects

The Sky House, an iconic triplex penthouse located in Tower Three of One Central Residences, one of the most desirable addresses in Macau, was divested in late March 2013.

The divestment generated a net profit of HK$47.1 million (c. US$6 million) over the original acquisition cost of HK$98 million (c. US$12.8 million) in April 2012, after all associated fees and transaction costs. This equates to a return on equity investment of 92%.

Project details

Acquisition date April 2012
Divestment date March 2013
Project type Investment
Location Macau Peninsula
Sector Residential (premium luxury)
Est. gross floor area 8,200 sqft / 760 sq m
Current status Exited
Underlying fund MPO