Property News · May 2, 2018

Australian logistics specialist Goodman aces Hong Kong firms with US$350m bid for Tuen Mun site


Goodman HK Investments, a subsidiary of Australia-based Goodman Group, bagged a large plot in northwestern Hong Kong for HK$2.75 billion (US$350.3 million), the first logistics site the government put on tender in five years which surprisingly did not attract a single Chinese e-commerce behemoth.
Westlink Investments, a unit of Goodman, won the logistics site in Tuen Mun, the government said on Wednesday, beating local developers including Sino Land, Sun Hung Kai Properties and NWS Ports….

Source : South China Morning Post
Read more…Australian logistics specialist Goodman aces Hong Kong firms with US0m bid for Tuen Mun site

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