McDonald's Sells Hong Kong Retail Properties for $153 Million Amid Weaker Market

McDonald's is marketing eight retail properties in Hong Kong for HK$1.2 billion ($153 million), with existing leases to the restaurants included. The properties are located in major shopping districts, and despite a weak real estate market, JLL has received significant interest from potential investors. The tender will close on September 16.

McDonald's is marketing eight retail properties in Hong Kong for HK$1.2 billion (US$153 million), according to reports. The properties, which include locations in major shopping districts such as Tsim Sha Tsui and Causeway Bay, are being sold through a public tender process that will close on September 16 [1][2]. The sale is being handled by JLL, the sole agent of the transaction.

Despite the weak real estate market in Hong Kong, JLL has received significant interest from potential investors. The properties come with existing leases to McDonald's restaurants, which will continue to operate under the new ownership. The biggest store to be sold is located in Star House, near the city's popular tourist attraction, Star Ferry Pier [2].

The move is part of McDonald's broader effort to optimize its asset base in the region. In 2017, the fast-food giant sold its 20-year master franchise rights for China and Hong Kong to a consortium led by Citic Group and private equity firm Carlyle, retaining ownership of its real estate portfolio [1].

References:
[1] https://insideretail.asia/2025/07/28/mcdonalds-to-sell-hong-kong-retail-spaces-valued-at-us153-million/
[2] https://www.bloomberg.com/news/articles/2025-07-28/mcdonald-s-seeks-to-sell-153-million-in-hong-kong-store-space