Ting Ho Acquires China Bills HQ For $152M

Ting Ho Development Co. has won the auction for China Bills Finance Corp.’s headquarters building.

Ting Ho Development Co. has won the auction for China Bills Finance Corp.’s headquarters building, Taipei Times reports. The company offered $152.21 million for the property in Taipei.

The new owner of the building may apply for an urban regeneration permit and turn it into a luxury home project or use it for other purposes. China Bills had bought the asset for $39.38 million.

Click here for the story from Taipei Times.