Hysan Development is a property investment, management and development company with extensive properties in Causeway Bay, where the company is the largest commercial landlord. It listed on the Hong Kong Stock Exchange in 1981.
Developer Hysan group yesterday lost two judicial challenges against the Town Planning Board's refusal to relax building restrictions on the group's 10 sites in Causeway Bay and Wan Chai.Saturday, 15 September, 2012, 3:16am
Hysan Development, the biggest landlord in Causeway Bay, remains confident about the outlook for the office market, despite the occupancy rate of its new Hysan Place development showing no major signs of improvement.
Hysan Place, formerly the Hennessy Centre, will open on Friday.15 Aug 2012 - 11:07pm
Hysan Development's flagship, Hysan Place in Causeway Bay, is scheduled to open next month, after a six-year build-up.
Hysan Place, formerly the Hennessy Centre, will be the largest shopping mall completed in Hong Kong this year and opens on August 10.11 Jul 2012 - 12:00am
Strong growth in retail rental income helped Hysan Development's core earnings jump 14.1 per cent to HK$1.31 billion in 2011.
The largest landlord in Causeway Bay has benefited from an influx of mainland tourists, with revenue from its retail portfolio increasing 12.7 per cent to HK$789 million in 2011 from HK$700 million in 2010.9 Mar 2012 - 12:00am
Hysan Development, the biggest landlord in Causeway Bay, has raised the asking rent for its new Hysan Place development by 7 per cent after it secured KPMG as anchor tenant.15 Jun 2011 - 12:00am
Hysan Development posted flat underlying full-year profit as rising rents and lower finance costs offset the shrinkage of its investment property portfolio after it sold the Entertainment Building in Central.
Underlying profit for the year to December was HK$1.02 billion, up 0.69 per cent from HK$1 billion a year earlier.7 Mar 2007 - 12:00am
Property investor confident that office income will offset revenue decline from Hennessy Centre redevelopment
Hysan Development expects rental growth in its office portfolio to help it comfortably weather a revenue decline from its Hennessy Centre redevelopment.8 Mar 2006 - 12:00am
Updated at 6.50pm: Higher rents, the sale of a building and a revaluation of properties held by property investor Hysan Development saw its net profit surged to $4.12 billion in the year ending December 31, 2005.
This was a seven-fold increase from $608 million in the year ending 2004.7 Mar 2006 - 12:00am
Hysan takes nearly $1b less than purchase price
Hysan Development yesterday sold the Entertainment Building in Central for $2.7 billion, almost $1 billion less than it paid for it in 1996.
The Hong Kong-listed property firm made the sale to cut its debts, the company announced last night.10 Sep 2005 - 12:00am