A 340,870 square feet logistics site at Siu Lang Shui Road in Tuen Mun was sold to Australia-based Goodman HK Investments for HK$2.75 billion. Photo: Winson Wong

Australian logistics specialist Goodman aces Hong Kong firms with US$350m bid for Tuen Mun site

Analysts say the high cost of land has deterred companies from the mainland from putting in a bid for the 340,870 square feet site in Tuen Mun

Topic |   Hong Kong shipping and logistics

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A 340,870 square feet logistics site at Siu Lang Shui Road in Tuen Mun was sold to Australia-based Goodman HK Investments for HK$2.75 billion. Photo: Winson Wong
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Pearl Liu

Pearl Liu

Based in Hong Kong, Pearl covers the property market in the city and China and follows major listed developers. She previously worked at The Straits Times and has also contributed stories to China Daily.