SOHO China to sell properties

Company eyes extending co-working space office operations to major tier two cities

Commercial real estate development giant SOHO China Ltd, which is also the country's biggest shared office space provider, is to sell three properties in Shanghai, according to the chairman of the Hong Kong-listed company.

After an analysis of the company's 1.7 million sq m commercial property space, of which 1.2 million sq m is leasable, SOHO China has decided to offload another three property projects in Shanghai, Pan Shiyi announced on Wednesday.