MPO sold its flagship retail development project, Senado Square, for a total consideration of c. US$102 million in March 2018. The successful disposal represented a 541% gain over the acquisition cost and an internal rate of return of 20%.

Property Details

Property Type Redevelopment
Location Macau Peninsula
Gross Floor Area 67,800 sq ft (upon developed)
Description Retail redevelopment project with a freehold tenure, located in Macau’s prime UNESCO-listed shopping precinct.