China Financial Services Holdings (00605.HK) announced that it agreed on 30 November 2011 to sell the whole block of a commercial building situated at 88 North Xi San Huan Road, Haidian District, Beijing to Beijing Jia Ze Lin Property Management Company Limited for RMB63 million in cash.

The three-storey commercial building (with basement) is located in prime commercial centre in Beijing with a gross area of about 3,313.1 sqm and is at present totally leased out to 8 tenants operating as retail shops.