trending Market Intelligence /marketintelligence/en/news-insights/trending/dDvoqlr4_p8VGm_t5A_t-w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Sino Land wins redevelopment tender for Hong Kong electric company's former HQ

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Sino Land wins redevelopment tender for Hong Kong electric company's former HQ

Sino Land Co. Ltd. won the tender for the redevelopment of CLP Group's former headquarters on Argyle Street in Kowloon, Hong Kong.

The Hong Kong electric company has been planning to redevelop its former administrative office into a residential development since 2011, with plans to preserve the Clock Tower building for community use.

The companies did not disclose financial terms of the joint development, but Centaline Professionals CEO Victor Lai Kin-fai was quoted by the South China Morning Post as saying that construction of the project would cost roughly HK$2.1 billion, if the per-square-foot price for a luxury residential project in Hong Kong at HK$7,000 to HK$8,000 will be considered.

Sino Land and CLP will collaborate for the residential project, comprising 175 units across three 25-story buildings, with gross floor area covering about 310,000 square feet.

The Dec. 17 report also noted that the project will take Sino Land's estimated spending for 2017 to more than HK$22 billion and site acquisitions to seven, making Sino Land the busiest Hong Kong developer for the year.

Earlier, Sino Land teamed up with Kerry Properties Ltd. to win an MTR Corp. Ltd. residential project near the Wong Chuk Hang station. The company was also part of a consortium that clinched a Cheung Sha Wan site for a record breaking HK$17.29 billion.