Press release

CBRE Appointed by the Receiver as Sole Agent for Sale by Public Tender for Nos. 57-59 Kwok Shui Road, Kwai Chung

July 9, 2026

Media Contact

Christine Tai

Associate Director, Marketing & Communications, Hong Kong

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CBRE has been appointed by the Receivers as the sole agent for the public tender sale of the property located at Nos. 57–59 Kwok Shui Road, Kwai Chung, New Territories. The Property will be offered for sale on an “as-is” basis, and the public tender is scheduled to close at 12:00 noon on Tuesday, 18 August 2026.

Strategically located in the heart of Kwai Chung, the Property enjoys excellent connectivity to Hong Kong's key commercial and logistics hubs. Hong Kong International Airport and Central are reachable within approximately 30 minutes by car, whilst the Kwai Tsing Container Terminals can be accessed within 15 minutes. The location makes it well suited for corporate headquarters, owner-occupiers, educational institutions and long-term investors.

The Property occupies a site area of approximately 13,600 sq. ft. with a total gross floor area of approximately 120,000 sq. ft., representing a rare large-scale opportunity in the district. The building is further supported by a dedicated pick-up and drop-off area and over 50 parking spaces, providing excellent vehicular access and operational convenience. 

The Property has previously obtained approval under the Government's Revitalisation Scheme for Industrial Buildings 1.0, with a Special Waiver permitting various alternative uses including educational institution, office, school, shop and services uses, offering significant flexibility for future operation and planning.

One of the Property's key attributes is its exceptional branding and signage exposure. The building enjoys signage opportunities on all four elevations, benefiting from prominent visibility to surrounding major roads. As corporations increasingly place emphasis on brand presence and corporate identity, standalone buildings with substantial signage potential have become increasingly scarce. As such, the Property is expected to appeal strongly to corporate headquarters occupiers and institutional users.

The Receivers will sell the Property in its existing condition. The Property may contain incomplete works, and the Receivers will not undertake to carry out or complete any further works. Interested purchasers should conduct their own inspections, investigations and assessments to satisfy themselves as to the current condition and status of the Property.

Against a backdrop of continued demand for repositioning and value-add opportunities, whole-building industrial and commercial assets remain attractive to both investors and owner-occupiers. Kwai Chung, as one of Hong Kong's key logistics and industrial hubs, has continued to record notable en-bloc transactions in recent years, reflecting sustained market interest in large-scale assets offering flexibility, operational efficiency and long-term value creation potential.

Reeves Yan, Executive Director and Head of Capital Markets, CBRE Hong Kong, commented "As market sentiment continues to improve, both investors and owner-occupiers are actively seeking sizeable opportunities with strategic value. Kwai Chung remains one of Hong Kong's most established logistics and industrial nodes and continues to attract market attention. Recent transactions demonstrate that buyers are prepared to commit capital to assets offering flexibility of use, strong branding potential and long-term repositioning opportunities. In addition, a receiver-led sale provides a clear and transparent transaction framework for qualified purchasers."

Simon Yu, Director, Capital Markets, CBRE Hong Kong, added "Supply of standalone buildings that offer scale, flexible approved uses, ample parking provisions and prominent signage exposure is increasingly limited. No. 57–59 Kwok Shui Road combines approximately 120,000 sq. ft. of gross floor area with excellent connectivity and multiple future-use possibilities under the revitalisation framework. Whether for a corporate headquarters, owner-occupation strategy or longer-term asset repositioning, the Property presents a rare and compelling acquisition opportunity."

For any enquiries regarding the Subject Property, please contact Reeves Yan, Head of Capital Markets & Executive Director (tel: +852 9463 9892 | E-243218) or Simon Yu, Director, Capital Markets (tel: +852 9685 8365 | S-414452).
 


Property Advertising Number: CBRE-CM-ADV4532

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.