Macau Property Opportunities Fund sold Senado Square to a local developer for HK$800m. : A London-listed property fund owned by Sniper Capital has sold a retail development site in Macau for more than its latest valuation. The property investment manager said Macau Property Opportunities Fund sold Senado Square, a 70,000sqtt retail development project to a local developer for HK$800m (€82.1m). The sale price is around a 14% premium to the property’s recent valuation, Sniper Capital said. The disposal amount is also above the HK$124.8m it cost to buy the asset in 2007.