A Henderson Land joint venture has been awarded a five-year contract to operate the Central Harbourfront Event Space in Hong Kong. The winner, Central Grand Limited, beat other bidders for the prime site, which hosts major public events.

A Henderson Land Development joint venture has won a five-year contract to operate the Central Harbourfront Event Space in Hong Kong, with a clause that would require the government to be compensated if the number of events falls short of its commitment. The Development Bureau on Thursday announced that Central Grand Limited (CGL), a joint venture between the property developer and concert organiser YW Company, beat five other bidders for the prime site which hosts major events such as the...