Property News · December 17, 2017

Sino Land’s US$3 billion spending spree makes it Hong Kong’s most active buyer of land this year


Hong Kong developer Sino Land has emerged as the city’s most active buyer of land this year, buying seven sites either by itself or through joint ventures and spending an estimated over HK$22 billion (US$2.8 billion).
It added the seventh site on Friday, winning a tender to redevelop the 77-year-old former headquarters of electricity company CLP Group in Mong Kok into a luxury residential project.
CLP and Sino will collaborate on the project and plan to redevelop the site into a housing…

Source : South China Morning Post
Read more…Sino Land’s US billion spending spree makes it Hong Kong’s most active buyer of land this year

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