Hongkong Land
 |
|
| Public | |
| Traded as | : SGX: H78 : HKLBD.BH |
| Industry | Property |
| Founded | 1889 |
| Founder |
Sir Paul Chater Jardine, Matheson & Co. |
| Headquarters | c/o 8th Floor, One Exchange Square, Central, Hong Kong Island, Hong Kong (Bermuda domiciled) |
|
Key people
|
Ben Keswick (Chairman and Managing Director) , Robert Wong (Chief Executive) |
| Services | Property development, Property management |
| Revenue | US$1.9 billion (FY 2015) |
| US$905 million (FY 2015) | |
| Total assets | US$31 billion (31 Dec 2015) |
|
Number of employees
|
1,503 (31 Dec 2015) |
| Subsidiaries | MCL Land |
| Website |
hkland.com landmark.hk |
|
Footnotes / references Underlying profit attributable to shareholders- US$930 million (FY 2014) and gross assets excluding cash - US$30 billion (31 Dec 2014) |
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| Hongkong Land | |||||||||||
| Traditional Chinese | 置地控股有限公司 | ||||||||||
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| Transcriptions | |
|---|---|
| Standard Mandarin | |
| Hanyu Pinyin | Zhìdì Kònggǔ Yǒuxiàn Gōngsi |
| Yue: Cantonese | |
| Jyutping | zi3 dei6 hung3 gu2 jau5 haan6 gung1 si1 |
Hongkong Land is a leading property investment, management and development groups with premium commercial and residential property interests across Asia. It owns and manages almost 800,000 sq. m. of prime office and luxury retail property in key Asian cities, principally in Hong Kong and Singapore. Its Hong Kong Central portfolio represents some 450,000 sq. m. of prime property. In Singapore it has a further 165,000 sq. m. of prestigious office space mainly held through joint ventures, while MCL Land, its subsidiary, is a well-established residential developer. Hongkong Land also has a 50% interest in a leading office complex in Central Jakarta, and a number of residential and mixed-use projects under development in cities across Greater China and Southeast Asia, including a luxury retail centre at Wangfujing in Beijing.
Hongkong Land was founded in 1889 and is one of Asia's longest established property groups. Hongkong Land Holdings Ltd is incorporated in Bermuda. It has a standard listing on the London Stock Exchange as its primary listing, and secondary listings in Bermuda and Singapore. The Group's assets and investments are managed from Hong Kong by Hongkong Land Limited. Hongkong Land is 50% owned by Jardine Matheson Holdings.
Hongkong Land has a portfolio of office and retail buildings in key Asian cities, with a blue chip list of multinationals and financial services tenants, as well as many of the world’s leading luxury retail brands such as Louis Vuitton, Gucci, Armani and Dunhill. Most of its projects outside Hong Kong are in joint venture with local developers, including the Keppel Group in Singapore, the Vantone Group in Beijing and the Longfor and China Merchants groups in Chongqing.
In Hong Kong, the company has continued to upgrade its commercial buildings in Central. In 2003, the redevelopment of Swire House into the new Chater House was completed. Major renovations have since been carried out in the Prince's Building. The Landmark has also been redeveloped, with the luxury Landmark Mandarin Oriental Hotel and York House added.
In early 2012, a new brand "LANDMARK" was launched covering the company's four most famous shopping destinations The Landmark, Alexandra House, Chater House and Prince’s Building, which are linked by pedestrian bridges, part of the Central Elevated Walkway. It was accompanied by a new logo "L", representing LANDMARK and luxury retail.
The company has also developed three luxury residential buildings on Hong Kong Island in recent years, namely Serenade, The Sail at Victoria and Ivy on Belcher’s. Since 2003, Hongkong Land has worked with the Hong Kong Government on CENTRAL Cityscape - an initiative to enhance and upgrade the physical environment of Central. New pavements, street furniture, modern signage, landscaping, lighting and more greenery are all part of Cityscape’s efforts to raise Central’s attractiveness.
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