Hysan Development Co (HK:0014) has released an update.
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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
