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Macau Property granted UCP for Senado Square

12 May 2016 11:26

Macau Property Opportunities Fund has announced that the Land, Public Works and Transport Bureau of Macau has granted an Urban Condition Plan (UCP) for the Company's retail redevelopment project located in the Senado Square district of Macau.

The UCP is an official government document that stipulates the approved redevelopment parameters for a property, including site area, height and plot ratio.

The Company confirmed that receipt of the UCP is a necessary precursor to submission of the architectural drawings for the project, expected to be made in the next few weeks.

At 11:26am: (LON:MPO) Macau Property Opportunities Fund Ltd share price was -3.75p at 113.25p

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