Market Chatter: Logistics Plot in Tsing Yi, Hong Kong Worth Up to HK$3.7 Billion Gets One Bid

MT Newswires Live

02/24

A plot for logistics purposes in Tsing Yi, Hong Kon received one bind, The Standard reported Friday, citing the city's Transport and Logistics Bureau.

The site spans 477,000 square feet with a maximum buildable area of about 2.5 million square feet valued between HK$2.45 billion and HK$3.7 billion, the report said

The plot will be used for logistics services development and public parking, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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