Hong Kong's Henderson to lend brownfield land to government for housing
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HONG KONG (Reuters) - Hong Kong property developer Henderson Land Development said on Saturday it will lend 428,000 square feet of brownfield land in the city's suburbs to the government for seven years to build 2,000 transitional housing units.The move comes after the Hong Kong and Chinese governments asked developers to contribute back to the community, in an attempt to tackle a housing shortage in Hong Kong, where millions of anti-government protesters have taken to the streets for months. ..