Project Description
Senado Square Retail Development
The Senado Square retail development is located in the heart of Macau’s shopping district and UNESCO-listed heritage site.
Sniper Capital’s London-listed fund, MPO, sold its flagship retail development project for a total consideration of c. US$102 million in March 2018. The disposal represented a 541% gain over the acquisition cost and an internal rate of return of 20%.
Project Details
October 2007
Acquisition date
Redevelopment
Project type
March 2018
Divestment date
Macau Peninsula
Location
Retail
Sector
70,000 sq ft
Est. gross floor area
Exited
Current status
MPO
Underlying fund