Link REIT. bids for Causeway Bay siteBusiness | 7 May 2021 6:54 pm
Link Real Estate Investment Trust (0823) said it has bid for the commercial land on Caroline Hill Road in Causeway Bay.
Chief executive George Hongchoy Kwok-lung said this reflects the confidence in the future of Hong Kong, noting that the city is the base and core market of Link REIT.
Link REIT is prepared to develop the site based on tender conditions and is open to a partnership.
Previously the REIT acquired a retail-cum-office building at HK$5.91 billion, formerly known as Trade and Industry Department Tower at No 700 Nathan Road, Kowloon.