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Announced

Securities and Futures Commission completed the acquisition of 12 floors of One Island East from Swire Properties for $692m.

Synopsis

Securities and Futures Commission, the market regulator in Hong Kong, completed the acquisition of 12 floors of One Island East, an office property, from Swire Properties, a real estate firm, for $692m. "The disposal will enable Swire Properties to realise cash from its investment in the property. The proceeds from the disposal will be applied towards the general working capital requirements of Swire Properties," Swire.

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