• Mon
  • Dec 29, 2014
  • Updated: 3:38am

Hongkong Land Holdings

Hongkong Land posts US$1.39b profit

Hongkong Land Holdings posted a 70 per cent increase to US$477 million in its underlying earnings for the first six months of the year. This compared with US$281 million in the first half of last year.

Friday, 30 July, 2010, 12:00am

Fortis to expand Central offices

The biggest landlord in Central has seen no adverse impact yet of subprime-sparked lay-offs on the demand for grade A offices in the core business district.

26 Apr 2008 - 12:00am

Hongkong Land posts 41pc rise in bottom line

Hongkong Land Holdings, the biggest landlord in Central, yesterday said underlying earnings jumped 41 per cent last year, boosted by strong growth in office rents and property sales.

The Singapore-listed company's underlying profit, excluding a property revaluation gain of US$2.58 billion, rose to US$344.7 million for the year to December from US$244.7 million a year earlier.

7 Mar 2008 - 12:00am

Rent increases lift HK Land earnings 32pc

Hongkong Land Holdings, the Singapore-listed property arm of Jardine Matheson Holdings, said its half-year underlying profit jumped 32 per cent, driven by increased rents charged in Central and Singapore.

8 Aug 2007 - 12:00am

HK Land Quarry Bay tower for sale again

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 last year.

Surveyors said given that supply of grade A office space was limited, the building would be welcomed by investment funds.

14 Jun 2006 - 12:00am

Hongkong Land rental income up on sparse supply

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 office rentals are at their highest since the boom of 1994.

23 Mar 2006 - 12:00am

Hongkong Land tempers expectations

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 hold back its results this year, although an era of falling office income was over as leases signed during the downturn in 2003 expired and higher rentals kicked in.

24 Feb 2006 - 12:00am

HK Land expects revenues to recover gradually

Hongkong Land Holdings says the city's surging rents may not give earnings a significant boost this year, as the leases it signed during the market slump in 2003 will still drag on rental income growth.

The statement from Central's biggest landlord followed yesterday's posting of a marginal growth in first-half earnings.

27 Jul 2005 - 12:00am

Hongkong Land sets $6.3b syndicated loan

Hongkong Land Holdings yesterday set a HK$6.38 billion syndicated loan to finance medium-term investment expenditure and refinance a portion of existing loans. The two-tranche loan has interest margins of 47 and 55 basis points over the Hong Kong interbank offered rate.

9 Mar 2001 - 12:00am