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The Nexus
BUSINESSMay 14 · 11:00 UTCSCMP WORLDPeggy Ye

Chow Tai Fook turns from tenant to owner with US$51 million Hong Kong school property deal

Chow Tai Fook Enterprises acquired a Taikoo Shing school campus from Swire Properties for HK$400 million (US$51 million), nearly doubling its valuation from a 2023 internal transfer. The deal represents a strategic shift from leasing to ownership and reflects confidence in long-term demand for international schools in Hong Kong.

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