Hong Kong’s industrial property market is heating up.
The Chief Executive Carrie Lam-Cheng Yuet-ngor in her policy address announced that the government is considering reactivating the industrial revitalisation scheme to encourage redevelopment or conversion of industrial buildings. The scheme – last in place between April 2010 to March 2016 to encourage owners to revitalise old industrial buildings – had seen the approval of 125 applications, where more than two thirds of…
Source : South China Morning Post
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