Hysan Development Co (HK:0014) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Hysan Development Co. has renewed its lease with Jebsen & Co. for the premises in Hysan Place, Hong Kong, extending the term by 18 months. The monthly rent, set at HK$3,846,480, aligns with market rates and reflects Hysan’s strategy to maximize property cash flow. This renewal is essential for Hysan’s business operations and continues its trajectory in the property leasing market.
For further insights into HK:0014 stock, check out TipRanks’ Stock Analysis page.