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Study of the Integrated Rail-Property Development Model in Hong Kong

In September 2003, the MTR Corporation (MTRC) approached the Research Centre for Construction & Real Estate Economics of The Hong Kong Polytechnic University with a request to undertake a study of an essential element of its business operations known as the ‘integrated rail-property development model’. The MTRC wants the study to ascertain, from both theoretical and empirical perspectives, the impacts and benefits generated by this development model.