Case Study - Industrial Service
Yeu Shing Industrial Building - Tuen Mun, New Territories

Specialist Property Services and Sectors

Yeu Shing Industrial Building is a 14-storey building located at the heart of Tuen Mun, supported by a robust public transportation network. As a 28 year-old building under multiple ownership, this had great potential for a conversion project.

The Brief

A collective sale of the property.

The Client

Toyo Mall Limited

What The Client Said

"Savills Industrial team’s dedication to our project has earn us high regard from our clients."

Our Solution

The property was originally sold as a strata-titled project with 80% ownership. After the transaction was completed, our team also successfully attained the remaining portion of the property for the purchaser, creating 100% ownership of the property.

How We Added Value

Since the Development Bureau introduced the revitalisation scheme for industrial buildings, Savills Industrial Department has set up a special taskforce offering professional advice to clients interested in acquiring properties for conversion. This has created a win-win situation as it greatly increased the value of the property.

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Our Services
 
 
 
 

Key Contacts

James Siu

James Siu

E-100840
Deputy Managing Director / Head of Kowloon Savills
Industrial Development & Investment

The Gateway

+852 2378 8628

 
ADD/EDIT BLOG TAGS

Industrial Sales and Leasing
08 July 2019

The impact of the US / China trade tensions has translated into declining cargo throughput and retail sales, as well as fewer industrial sales and leasing transactions over Q2/2019, with prices and rents remaining intact for the moment.

Industrial Sales and Leasing
29 April 2019

The lack of available space has forced many large scale 3PLs and end users to renew their existing leases, with landlords becoming more bullish in rental negotiations