Property News · December 12, 2018

Hong Kong’s biggest and last data centre site fetches HK$5.45 billion


Hong Kong’s biggest and last remaining piece of land designated for development into a data centre sold for a higher-than-expected HK$5.45 billion to Sunevision Holdings, sharpening the city’s competitiveness in a race with Singapore to be the regional hub for such purpose-built facilities.
The winning bid was 45 per cent higher than Colliers International’s estimate of HK$3.75 billion for the plot.
“Hong Kong has been lagging behind Singapore as we do not have…

Source : South China Morning Post
Read more…Hong Kong’s biggest and last data centre site fetches HK.45 billion

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