Commercial Property News

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Wednesday, March 22, 2024

Balfour Beattie win 150m Hong Kong contract

Balfour Beatty PLC said Gammon Construction, in which it owns a 50 pct stake, has won a construction contract in Hong Kong valued at 150m

Swire Properties awarded the contract to build a 70-storey, 1.5 million square feet, Grade A office building on the Eastern shore of Hong Kong island.

Balfour chief executive, Ian Tyler, said: 'We are delighted to have been selected to build this major addition to one of Hong Kong's best planned and established business districts.'