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SCMP Reporter

THE Sino Group, the company which owns the plush Gold Coast Hotel, has emerged to become one of the largest developers in Hong Kong in recent years.

  Motivated by a strong belief in Hong Kong's future, the group has been steadily acquiring land for development, and now holds 10 million square feet of investment real estate.

  Most of this includes top-class commercial buildings and hotels in various parts of Hong Kong island, Kowloon and the New Territories.

  The group first gained prominence when it pioneered the commercial belt extension of Tsim Sha Tsui East.

  The Sino Group owns a land bank of about 14 million square feet.

  This translates into 60 development projects, ranging from the five-star Gold Coast resort hotel to hi-tech industrial buildings.

  More than half the land bank is for residential usage, a quarter is for commercial development, and the balance will be developed for industrial buildings and warehouses.

  As the group is currently pursuing an active development programme, it is envisaged that most developments will be completed within five years.

  While property development remains the group's mainstay, it has also moved into other activities in the development field.

   These include building construction. The group has completed the 78-storey Central Plaza, the fourth tallest building in the world.

      The group also offers project management, interior design services, security services, estate management and cleaning services. It manages its hotels in Hong Kong and has established a chain of upmarket Chinese restaurants called Fortune Court.

  On the regional front, the group has continued to maintain a strong presence in Singapore. In China, Sino Land has made its mark in Fujian province.

  Four million square feet of space for development is held by the company including some in Guangzhou, where it plans to develop 12 buildings.

  The group's regional network includes a six million square feet residential project in Taiwan, and a major residential project in Malaysia.



Sino lands position at the top