Evergrande puts Hong Kong HQ on the market

Evergrande, the world’s most indebted property developer, has put its Hong Kong HQ on the market with a price tag of HK$9bn (£940m). The group has hired Cushman & Wakefield as the sole agent to sell the 345,000 sq ft office building following a failed sale last year. The company purchased the 26-storey tower in Wan Chai on Hong Kong island for more than HK$12.5bn, equivalent to $1.6bn, in 2015. Hong Kong-based CK Asset Holdings, the conglomerate founded by Li Ka-Shing, the city’s richest person, said it had submitted a tender for the building. The FT (£)