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Government Land Sale: Tuen Mun West (TMTL 544)

Goodman HK Investments has been awarded a logistics development site in Tuen Mun West for just over HKD 2.75 billion – close to the upper end of market expectations. 

The site is the first logistics development site released by the Government in that area, and the first Hong Kong-wide since 2013.

Goodman says it plans to develop a modern facility on the site to accommodate e-commerce and logistics providers. 

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