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Singapore’s Mapletree wins land tender, adds Tsing Yi logistics site to Hong Kong assets

SCMP LogoSCMP3h ago

Singapore’s Mapletree wins land tender, adds Tsing Yi logistics site to Hong Kong assets - SCMP

Quick Summary:

Unit of Temasek Holdings-owned company, the sole bidder, pays about US$473 million for the parcel.

Wholly owned by Singapore investment firm Temasek Holdings, Mapletree paid HK$1.69 billion in 2013 for its first site in Tsing Yi, which was its first greenfield development in Hong Kong.

Three other logistics sites will be released “in a timely manner, taking into consideration the market situation”, he added.

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Singapore’s Mapletree wins land tender, adds Tsing Yi logistics site to Hong Kong assets - SCMP (Picture 1)

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Article Details

Author / Journalist: Cheryl Arcibal

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 22:26:28 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 221 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26436841

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 17 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 5 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

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The story "Singapore’s Mapletree wins land tender, adds Tsing Yi logistics site to Hong Kong assets" was covered 3 hours ago by SCMP, a news publisher based in Hong Kong.

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  • News ID: #26436841
  • URL: https://chronographically.beamstart.com/news/singapores-mapletree-wins-land-tender-174049388769

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