137 views
Photo from Freepik

Mapletree Investments unit wins tender for Tsing Yi logistics site

The site was acquired for $3.68b.

Mapletree Investments unit, Titanium 2 (HKSAR) Limited, has won the tender for a logistics site at Tsing Yi Town Lot No. 202.

Titanium 2 has been awarded a 50-year land grant at a premium of $3.68b.

Spanning approximately 4,318 sq m, the site is designated for logistics services and public vehicle park purposes. 

It has a maximum gross floor area of 227,836 sq m for the development of multi-storey modern logistics facilities and a public vehicle park.

The government will release three more logistics sites, subject to market conditions.

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

More non-toy retailers use blind boxes to boost sales
Travel, food and beverage, and fashion can also benefit from a little bit of excitement.
Retail
HSBC’s Yvonne Yiu on why the future of payments is instant
She credits her propensity to ask questions for becoming one of HSBC’s top leaders.