Data center land in Hong Kong sells for US$697 million

The last remaining plot of land designated for development into a data centre sold for a higher-than-expected HK$5.45 billion ((US$697 million), according to the South China Morning Post. There were nine bidders for the 295,405 square foot property. The buyer is listed as Sunevision Holdings.

https://www.scmp.com/business/article/2177665/hong-kongs-biggest-and-last-data-centre-site-fetches-hk545-billion

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Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.