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  1. Hongkong Land tempers expectations

    Posted Feb 24th 2006, 12:00am by Staff Reporter

    ... Foster Wong Central giant looks to growth in office rentals but says lack of residential completions may be a setback Hongkong Land Holdings said a lack of residential completions might ... MCL Land would help the company tap into the Southeast Asia market and start to contribute meaningful earnings by next year, Mr Sallnow-Smith said. Hongkong Land has declared a final dividend ...

  2. Hongkong Land rental income up on sparse supply

    Posted Mar 23rd 2006, 12:00am by Staff Reporter

    ... Foster Wong Core office portfolio fetches rent near 12-year high on back of steady economy The good times continue to roll for landlords with Hongkong Land Holdings reporting that its ... per square foot, just $20 below the record 12 years ago, according to a senior executive. Market sources said the rents were from renewed leases of Hongkong Land's two small office units ...

  3. Hongkong Land posts 22.7pc fall in earnings

    Posted Jul 28th 2006, 12:00am by Peggy Sito

    ... Peggy Sito Central's biggest landlord cites strong rental market for underlying profit Hongkong Land Holdings, the biggest landlord in Central, posted a 22.7 per cent fall in net profit to US$923.4 million for the six months to June 30 caused by a larger revaluation surplus booked a year earlier. However, the property unit of Jardine Matheson Holdings said underlying ...

  4. Hongkong Land joins Macau fray

    Posted Sep 06th 2006, 12:00am by Peggy Sito

    ... Peggy Sito Hongkong Land Holdings and Shun Tak Holdings will launch their joint-venture residential-hotel-retail project in Macau before the end of this year. Known as One Central, ... Group. This is Hongkong Land's first foray into Macau's property market. One Central is located between the Wynn Macau resort- which opened yesterday- and the MGM-Pansy Ho joint ...

  5. HK Land Quarry Bay tower for sale again

    Posted Jun 14th 2006, 12:00am by Yvonne Liu

    ... Yvonne Liu Hongkong Land Holdings is to put its grade A office building at 1063 King's Road, Quarry Bay, for sale through tender- its third attempt to dispose of the property since ... a preliminary agreement with Hongkong Land in March. Last year, British Capital and Income Trust also agreed to buy the building but the deal was not sealed, sources said. Hongkong Land commercial ...

  6. Australian fund closes in on King's Road tower

    Posted Mar 07th 2006, 12:00am by Sandy Li, Yvonne Liu

    ... Sandy Li and Yvonne Liu Australian investment fund Allco has emerged as the front runner to buy Hongkong Land Holdings' grade A office building at 1063 King's Road in Quarry Bay, ... also attracted other suitors such as Macquarie and several local investors, on the back of strong upside potential of office rentals. Both Hongkong Land and Allco declined to comment last ...

  7. HK Club lands rental windfall

    Posted Aug 09th 2006, 12:00am by Enoch Yiu, Peggy Sito

    ... Enoch Yiu and Peggy Sito As much as HK$100m in monthly income awaits when Hongkong Land returns full ownership of the building in 2009 The prime Hong Kong Club building in Central will be back in the club's hands when current owner Hongkong Land leaves in about three years due to an historical agreement- giving the club HK$100 million a year in rental income. Hong Kong Club ...

  8. Hongkong Chinese sells Sentosa stake

    Posted Nov 07th 2006, 12:00am by Peggy Sito

    ... Peggy Sito Hongkong Chinese, a property and investment unit of Indonesian businessman Mochtar Riady's Lippo Group, sold a 50 per cent stake in two recently bought adjacent sites on Singapore's resort island of Sentosa to four banking and property companies to help finance the project planned for the site. The company, which won the land with a combined area of 22,221 square ...

  9. HK Land's Quarry Bay tower nets HK$1.47b

    Posted Dec 14th 2006, 12:00am by Peggy Sito

    ... Peggy Sito Pacific Century Insurance buys property after failed attempts by other parties Hongkong Land Holdings has entered into an agreement to sell its 1063 King's Road grade-A ... square foot. The property was sold after two failed attempts since last year. Australian investment fund Allco reached a preliminary agreement with Hongkong Land for the purchase of the building ...

  10. Fund pays HK$673m for HK Land, Ho block

    Posted Nov 14th 2006, 12:00am by Peggy Sito

    ... Peggy Sito Hongkong Land, the Singapore-listed property arm of Jardine Matheson, and casino operator Stanley Ho Hung-sun's Shun Tak Holdings sold a residential block in a jointly ... the sale of the 68-unit Tower Four to Iceland's largest insurer, Sjova-Almennar Tryggingar, for HK$782 million, or HK$4,400 per square foot. Hongkong Land and Shun Tak said Macau Property ...




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