Macau firm exits Hong Kong renewal project, seeks $153M for site

Created at 18 Aug · 11:05 PM1 source

IN SHORT

A Macau-based firm has decided to withdraw from a long-standing urban renewal project in Hong Kong, seeking $153 million for the site. The company had been involved in the project for several years.

Key Numbers

US$153 millionamount sought for site

Who's Involved

Macau firm

exiting Hong Kong renewal project

↳ Why This Matters

The withdrawal of a key player from a long-term urban renewal project could impact the project's future development and the local real estate market.

Key facts

A Macau-based firm has decided to exit a Hong Kong urban renewal project.
The firm is seeking $153 million for the site.
The company had been involved in the project for several years.

A Macau-based firm has opted out of a renewal project in Hong Kong after years of involvement. The company is now seeking US$153 million for the site.

What Happens Next

01The firm awaits a buyer for the site.

How It Developed

A Macau firm has withdrawn from a Hong Kong renewal project.

Macau firm exits Hong Kong renewal project, seeks $153M for site

Key Numbers

Who's Involved

↳ Why This Matters

Key facts

What Happens Next

How It Developed

Macau firm exits Hong Kong renewal project, seeks $153M for site

Key Numbers

Who's Involved

↳ Why This Matters

Key facts

What Happens Next

How It Developed

Sources

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