Property News · December 5, 2018

Land tender for data centre site in Tseung Kwan O expected to draw ‘strong’ interest, analysts say


Hong Kong’s biggest land site earmarked for development as a data centre is expected to draw intense bidding as the growth of cloud computing drives demand for such purpose-built facilities.
The 295,405 square foot site at Wan Po Road, Area 85, Tseung Kwan O will close for tender on Friday. Under a plot ratio of 4.5 times, the site will house a structure with a gross floor area of up to 1.33 million sq ft, or roughly the size of more than 19 football pitches.
“We expect this would…

Source : South China Morning Post
Read more…Land tender for data centre site in Tseung Kwan O expected to draw ‘strong’ interest, analysts say