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Sign in Sign up for a FREE subscriptionHenderson Land buys Kowloon properties for $273m
South Crown Development, representing Hong Kong–listed Henderson Land Development, has bought a parcel of properties for redevelopment in Hong Kong’s Kowloon market for HK$2.137 billion ($273 million), reported an APAC Real Estate article.
The 25 buildings on the parcel were sold under auction, according to auctioneer JLL.
The assets offered a total site area of 19,725 square feet and are expected to provide total attributable floor area of 177,525 square feet after being redeveloped.
