A sole bidder purchased a logistics site in Tsing Yi, Hong Kong for HK$3.68 billion, The Standard reported Wednesday.
The site has a maximum buildable floor area of about 2.5 million square feet, according to the report.
It was valued at between HK$2.45 billion and HK$3.7 billion, the report said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.