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
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Hong Kong shipping and logistics
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