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  1. Hongkong Land sells stake in China Water for US$35m

    Posted Jul 22nd 2003, 12:00am by Eric Ng

    ... Property investment firm Hongkong Land has disposed of a 23 per cent stake in water supply and treatment firm China Water for US$35.2 million, as it seeks to gradually trim holdings in its ... cent stake to Malaysian conglomerate Sime Darby and a company associated with the Kadoorie family for US$70.4 million. Hongkong Land received US$35.2 million for its 23 per cent stake, leaving ...

  2. Hongkong Land to convert ageing factory into arts venue

    Posted Sep 24th 2003, 12:00am by Andrew Collier

    ... Can a former factory turned art space help sell real estate? Hongkong Land intends to find out. The property developer is spending millions to convert an ageing electrical switch factory ... The project, which will open next month, will have a short lifespan. After just 20 months, it will be torn down to make way for an apartment block. The arts venue is part of Hongkong Land's plan ...

  3. Slide in rents hits Hongkong Land

    Posted Jul 30th 2003, 12:00am by Peggy Sito

    ... Hongkong Land Holdings, Central's largest office landlord, has posted a 13 per cent fall in interim net profit and warned of a tough outlook for the second half because of continued ... cents a year ago. Despite the weak market, the company reported an improved take-up rate at its office properties to more than 90 per cent, from beneath 90 per cent last year. Hongkong Land said ...

  4. HK landlords secure yuan transfer deal

    Posted Oct 30th 2003, 12:00am by Staff Reporter

    ... Ernest Kong Hong Kong landlords of Shanghai properties will soon have an official channel through which they can transfer rent payments back here, according to a property agent in Shanghai. At present, Hong Kong owners of mainland properties who receive r ...

  5. Thumbs up for planned Central revamp

    Posted Aug 27th 2003, 12:00am by Chloe Lai

    ... District councillors and a town planning official yesterday gave their blessings to the Hongkong Land project designed to beautify Central. Independent member of the Central and Western ... colours, materials and styles' would match. Another non-affiliated council member, Stephen Chan Chit-kwai, also welcomed the Hongkong Land initiative. 'Of course, I would like to see more ...

  6. Project starts with $7.8m seed money

    Posted Aug 26th 2003, 12:00am by Chloe Lai

    ... Hongkong Land has already spent $7.8 million on the Central Cityscape project, the firm's executive director, Raymond Chow, said yesterday. Mr Chow said he expected that the project's pilot scheme, which started yesterday in Chater Garden and Statue Square, would be completed in October. After the enhancement work is finished, the area will be covered by trees and a new ...

  7. Hongkong Hotels seeks $1.27b

    Posted Oct 21st 2003, 12:00am by Staff Reporter

    ... Anette Jonsson The share sale and placement come as a strengthening economy and a buoyant property sector lift sentiment Hongkong and Shanghai Hotels is planning to raise up to $1.27 ... Henderson Land Development raised $2.98 billion through a share placement. That sale caused widespread selling of property stocks amid fears of more fund raisings to come and concern ...

  8. HK Land launches grand plan for Central

    Posted Aug 26th 2003, 12:00am by Chloe Lai

    ... was unveiled yesterday with the goal of transforming the city's heart into a pedestrianised hub 'where Wall Street meets Fifth Avenue'. Central's biggest landlord, Hongkong Land ... be Central's most extensive beautification project ever. However, Hongkong Land gave no estimate of the ultimate costs. Proposals include pedestrianisation and more trees, a waterfall and outdoor ...

  9. Talkback

    Posted Aug 29th 2003, 12:00am by Staff Reporter

    ... are a timely clarion call towards awareness and concern for nature's bounty of forests in Hong Kong. I applaud Hongkong Land's plan to green Central. I hope other developers and property owners will follow its example. One thing to remember is that the introduction of non-indigenous species to Hong Kong can create problems. I hope Hongkong Land has consulted botanists before ...

  10. Land sales expected to resume next year

    Posted Oct 10th 2003, 12:00am by Chloe Lai, Peggy Sito

    ... after the strong support from the central government.' Hongkong Land and Nam Fung Development also indicated their support. However, Regal Hotels International Holdings, which is developing ... Following a 12-month freeze, property developers tell Tung they will not be seeking an extension of the moratorium Public land sales in Hong Kong are expected to resume next year, ...




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