• Mon
  • Dec 22, 2014
  • Updated: 11:15pm

Great Eagle Holdings

Great Eagle Holdings is a property company listed and based in Hong Kong. Its operations span property investment and hotels, and it operates in Hong Kong, North America, Europe and the Asia Pacific. As of 2012, its hotel portfolio comprised 13 properties with more than 6,000 rooms, including 10 hotels branded under the Langham name in Hong Kong, Shanghai, London, Boston, Los Angeles, Melbourne and Auckland, Eaton Hotels in Hong Kong and Shanghai; and the Delta Chelsea Hotel in Toronto.

Great Eagle's record low winning bid snags Tai Po waterfront site

A site in Pak Shek Kok. Great Eagle Holdings won the tender for a waterfront site in Pak Shek Kok, near Science Park, for HK$2.412 billion, a price at least 17 per cent lower than market expectation. Photo: David Wong

A record low winning bid for a residential site in Tai Po surprised the market yesterday as it became evident the government is open to settle for cheaper land prices as it seeks to increase housing supply.

Thursday, 29 May, 2014, 3:43am 1 comment

Langham shares drop 9pc on debut

Lo Ka-shui (Left), chairman and non-executive director of Langham Hospitality Investments Limited

Langham Hospitality Investments, which operates three luxury hotels in Kowloon, started trading in a gloomy market weighed down by another heavy sell-off in Japan. The Nikkei 225 Index dropped 5.2 per cent as a strengthening yen triggered heavy profit-taking. The Hang Seng Index fell 0.31 per cent.

31 May 2013 - 4:41am

Business Digest, February 6, 2013

GM says China monthly sales set record in Jan

No SFC licence for former Merrill staffer

6 Feb 2013 - 5:48am

Great Eagle set to spin off its Hong Kong hotel holdings

Langham Hong Kong is one of Great Eagle's Hong Kong hotels.

Great Eagle Holdings is to spin off its hotel properties in Hong Kong to try to cash in on an influx of mainland travellers that drove the city's tourist arrivals to a record of more than 46 million last year.

25 Jan 2013 - 4:56am

Great Eagle profit soars on rental income

Great Eagle Holdings, a key hotel operator and landlord in Hong Kong, said underlying profit jumped 36.4 per cent last year thanks to higher rental income amid the city's economic boom.

3 Apr 2008 - 12:00am

Great Eagle soars on Langham deal

Shares of Great Eagle Holdings soared 12.19 per cent yesterday as investors speculated the company would hand out generous dividends after the proposed sale of the office tower and retail arcade of its Mong Kok property for HK$12.5 billion.

The stock gained HK$2.95 or 12.19 per cent to end at HK$27.15, beating the 0.53 per cent gain in the Hang Seng Index.

16 Feb 2008 - 12:00am

Great Eagle earnings soar on first Champion Reit contribution

Great Eagle Holdings, a hotel and investment property firm controlled by the Lo family, said its first-half net earnings rose sixfold, thanks to the first contribution from Champion Real Estate Investment Trust and lower financing costs.

Net profit for the six months to June totalled HK$613.81 million, compared with HK$101.6 million a year earlier.

19 Sep 2007 - 12:00am

Great Eagle net dives on Citibank Plaza sale

Great Eagle Holdings said profit plunged 95.96 per cent last year profit mainly on a decline in gains from revaluation of investment properties and a fall in rental income after the sale of Citibank Plaza.

Net profit dived to HK$405.51 million or 68 HK cents per share from HK$10.03 billion or HK$16.93 per share in 2005.

12 Apr 2007 - 12:00am

Reit takings to ease Great Eagle debts

Great Eagle Holdings, a Hong Kong-listed landlord, said the spin-off of Champion Real Estate Investment Trust will help it slash as much as 55 per cent its debt, enabling expansion in hotels and other investment properties.

6 Jun 2006 - 12:00am

Run-up to reit flotation sees sharp rise in property sales

An asset reshuffle by Great Eagle Holdings to prepare for the float of its real estate investment trust has boosted the value of overall property sales 91.3 per cent last month from March, according to agents.

4 May 2006 - 12:00am

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