Property News · December 14, 2021

Henderson can deliver value after winning New Central Harbourfront Commercial Site 3. Here’s how


The government has confirmed Henderson Land Development has paid the full HK$50.8 billion (US$6.5 billion) lump-sum premium for New Central Harbourfront Commercial Site 3. As we know, six tenders passed the design part of the two-envelope approach requirements, but only two met the government’s reserve price.Regardless of the winner and price, there is a responsibility to deliver value from this sale. Henderson can do this by creating new opportunities, and is likely to plug the site into its…

Source : South China Morning Post
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