The Maxwell Industrial Building, which is owned by Hong Kong textiles company Lawsgroup, in Kwun Tong. Photo: Sam Tsang The Maxwell Industrial Building, which is owned by Hong Kong textiles company Lawsgroup, in Kwun Tong. Photo: Sam Tsang
The Maxwell Industrial Building, which is owned by Hong Kong textiles company Lawsgroup, in Kwun Tong. Photo: Sam Tsang
Property /  Hong Kong & China

Investors, developers eye Hong Kong industrial buildings built before 1987 after city relaxes conversion policy

  • Lawsgroup’s Maxwell Industrial Building expected to be the first such project, could be worth HK$5.4 billion
  • Prices for industrial spaces in Kwun Tong have risen by 10 per cent, number of transactions have jumped 50 per cent in first two months of 2019

Topic |   Hong Kong property
Enoch YiuSandy Li
Enoch Yiu and Sandy Li

Updated: 11:33am, 10 Apr, 2019

Why you can trust SCMP
The Maxwell Industrial Building, which is owned by Hong Kong textiles company Lawsgroup, in Kwun Tong. Photo: Sam Tsang The Maxwell Industrial Building, which is owned by Hong Kong textiles company Lawsgroup, in Kwun Tong. Photo: Sam Tsang
The Maxwell Industrial Building, which is owned by Hong Kong textiles company Lawsgroup, in Kwun Tong. Photo: Sam Tsang
READ FULL ARTICLE