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Sun Hung Kai Properties buys department store in HK.
(From Business Daily Update)
Author: huo Sun Hung Kai Properties, Hong Kong's largest property developer, said yesterday that it has bought a department store in Hong Kong from Seiyu as a long-term investment. The company declined to disclose the amount of the deal but said the transaction will not affect the department store's existing operations. The store, Seiyu (Shatin), is one of the major tenants in Sun Hung Kai's commercial development Shatin New …
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