MPO sold its Rua do Laboratório project – an entry level residential redevelopment property located in northern Macau Peninsula – to a local Macau developer in April 2011. The agreed sale price of US$41 million translated to a return on investment of 84% or net project internal rate of return of 15%.

Property Details

Property Type Development
Location Macau Peninsula
Gross Floor Area 220,000 sq ft
Description High-rise residential block divested in April 2011