Last checked at 
12 May 2016 07:00
12 May 2016
Macau Property Opportunities Fund Limited
("MPO" or the "Company")
Senado Square Project Granted Urban Condition Plan
Macau Property Opportunities Fund Limited is pleased to announce 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.
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.
--End--
About the Project
Senado Square is MPO's flagship retail development project, well-located in Macau's prime UNESCO-listed shopping precinct. The new development, designed by renowned architectural consultant, Arquitectonica, will adopt a contemporary and sustainable design concept. Upon completion, this iconic development will boast some 65,000 sq ft of retail and F&B offerings.
About Macau Property Opportunities Fund
Macau Property Opportunities Fund Limited is a closed-end investment company registered in Guernsey. Listed on the London Stock Exchange's main market, it is also a constituent stock of the FTSE All-Share and FTSE SmallCap indices.
Launched in 2006, the Company targets strategic property investment and development opportunities in Macau and mainland China's western Pearl River Delta. Its current portfolio comprises a mix of well-positioned residential and retail property assets.
The Fund is managed by Sniper Capital, an Asia-based property investment manager with an established track record in fund management and investment advisory.
For further information:
Company Registration Number 44813
Website: www.mpofund.com
Investor Relations
Sniper Capital
Doris Boo
Tel: +65 6222 1440
Public Relations
MHP Communications
Andrew Jaques / Simon Hockridge / Kelsey Traynor
Tel: +44 20 3128 8100
Corporate Broker
Liberum Capital
Richard Bootle / Jonathan Wilkes-Green
Tel: +44 20 3100 2228
Company Secretary & Administrator
Heritage International Fund Managers
Mark Huntley
Tel: +44 14 8171 6000
Stock Codes:
Bloomberg: MPO LN
Reuters: MPO.L