Citibank Plaza
Champion REIT owns 95.7% stake in Citibank Plaza, a modern glass and steel office complex that comprises Citibank Tower, a 47-storey building, and ICBC Tower, a 37-storey building, and includes a retail podium as well as a parking garage for 555 vehicles. The portion of Citibank Plaza controlled by Champion REIT has a total floor area of 1,559,278 square feet (144,862 m2), comprising 1,501,557 square feet (139,499 m2) of office space and 57,721 square feet (5,362 m2) of retail space. Most of the stake was purchased by the REIT for HK$18.7 billion at the time of its initial public offering. An additional three floors within the complex were purchased by Champion REIT subsequently from Kerry Properties.
Read more about this topic: Champion REIT