LHN secures first overseas carpark management contract

Singapore

REAL estate management services group LHN Limited has secured its first overseas carpark management contract in Hong Kong, in its bid to expand into the Greater China region and ahead of a recently announced proposed dual listing in Hong Kong.

The three-year contract was awarded to the group's recently incorporated and wholly-owned subsidiary, LHN Parking HK Limited, bringing the total number of carpark properties under LHN's management to 42, including 41 existing ones in Singapore.