McDonald’s sells Hong Kong shop for US$15.3 million as ‘old money’ returns to retail | Black Bird Media20 million (USMcDonald’s sells Hong Kong shop for US$15.3 million as ‘old money’ returns to retail | Black Bird Media5.3 million), extending its year-long sell-down of self-owned shops. The property at 10-22 Tsuen W">

McDonald’s sells Hong Kong shop for US$15.3 million as ‘old money’ returns to retail

As “long-dormant old money” steps back into Hong Kong’s retail property market, McDonald’s has sold the property housing its first New Territories restaurant for HK$120 million (US$15.3 million), extending its year-long sell-down of self-owned shops. The property at 10-22 Tsuen W