Hong Kong's Peak Mall for Sale: What It Means for Shoppers
A fully leased mall in one of the world's priciest neighborhoods hits the market.
DFI Retail, the food and beverage unit of Hong Kong-headquartered conglomerate Jardine Matheson, is looking to sell its mall at The Peak, one of the city's wealthiest neighbourhoods. The entire commercial portion of the Dairy Farm Guildford Road Shopping Centre will be sold via a public tender closing at noon on November 19, according to sole agent CBRE.
The mall consists of a two-storey retail podium with a gross floor area of about 8,974 square feet (834 square metres), together with multiple car parking spaces, and is near The Peak campus of the German Swiss International School. It is currently 100 per cent leased out to various tenants including Wellcome Supermarket, real estate agencies and a cafe among others.
- DFI Retail is selling a fully leased shopping centre on The Peak, Hong Kong's wealthy neighborhood.
- The mall includes a Wellcome Supermarket, real estate agencies, and a cafe, so shopping continues for now.
- The sale is via public tender, closing November 19, and could bring changes if the new owner renovates.
Why It Matters
If you shop or live near The Peak, the mall's sale could eventually change stores or services.