News

Commercial Property

Staff Reporter

, Hong Kong

Published:

1 month ago

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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.

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government land sales

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