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Wheelock and Co is a Hong Kong-based company that is primarily involved in property investment, property development, property management and agency, and investment holding. It is also involved in the distribution and retail businesses, including Lane Crawford, Joyce and City'Super, with operations in Hong Kong, the British Virgin Islands, the People's Republic of China and Singapore.
- US bank says HK$40 billion net liquidity build-up in past 12 months could shore up market sentiment after first quarter this year
- JPMorgan sees a 10 per cent drop in home prices, though correction is likely to be temporary. Retail landlords, however, may have a harder time ahead
The introduction of the vacancy tax at the moment certainly will add fuel to the fire, the Real Estate Developers Association of Hong Kong said on Friday.
The introduction of the vacancy tax at the moment certainly will add fuel to the fire, the Real Estate Developers Association of Hong Kong said on Friday.
Hong Kong developer Wheelock Properties has sparked fears of a faster-than-expected correction in the world’s most expensive property market by pricing a new project 8 per cent below properties sold in the area just two months ago.
Hong Kong developer Wheelock Properties has sparked fears of a faster-than-expected correction in the world’s most expensive property market by pricing a new project 8 per cent below properties sold in the area just two months ago.
Jiayuan International Group slashed prices of more than 300 units at the T-Plus development in Tuen Mun, pricing them close to what it would have paid to buy into the building
Jiayuan International Group slashed prices of more than 300 units at the T-Plus development in Tuen Mun, pricing them close to what it would have paid to buy into the building
Wing Tai prices flats at OMA OMA in Tuen Mun at HK$12,463 per sq ft, 20 per cent cheaper than rival Sun Hung Kai Properties’ flats at Mount Regency phase two.
Wing Tai prices flats at OMA OMA in Tuen Mun at HK$12,463 per sq ft, 20 per cent cheaper than rival Sun Hung Kai Properties’ flats at Mount Regency phase two.
Market observers say the protests in Hong Kong and the US-China trade war will affect buying sentiment for the next six months.
Market observers say the protests in Hong Kong and the US-China trade war will affect buying sentiment for the next six months.
Sentiments are on edge as Hong Kong has been buffeted by the year-long trade war between the United States and China, while the largest street protests in two decades drove up borrowing costs and caused the stock market to drop.
Sentiments are on edge as Hong Kong has been buffeted by the year-long trade war between the United States and China, while the largest street protests in two decades drove up borrowing costs and caused the stock market to drop.
Modest underlying profit of HK$13.2 billion the reason for property, hotels and logistics investor to declare conservative target for this year
Modest underlying profit of HK$13.2 billion the reason for property, hotels and logistics investor to declare conservative target for this year
Voyage Mile, New World Development, Henderson Land Development and Empire Development win bid for 574,615 sq ft site, says Lands Department
Voyage Mile, New World Development, Henderson Land Development and Empire Development win bid for 574,615 sq ft site, says Lands Department
The company is focused on expanding in the affluent Yangtze River Delta outside Shanghai. It now operates five stores in China’s biggest commercial city
The company is focused on expanding in the affluent Yangtze River Delta outside Shanghai. It now operates five stores in China’s biggest commercial city
All 750 units on offer over the weekend were sold, with the first 100 units being snapped up within 90 minutes on Saturday, agents said
All 750 units on offer over the weekend were sold, with the first 100 units being snapped up within 90 minutes on Saturday, agents said
Following last year's HK$4.5 billion sale of an office tower in Kwun Tong, Wheelock Properties will soon dispose of the second building in the twin-tower development.
Following last year's HK$4.5 billion sale of an office tower in Kwun Tong, Wheelock Properties will soon dispose of the second building in the twin-tower development.
Stewart Leung Chi-kin has spent about 80 per cent of his more than five decades in Hong Kong’s property industry at New World Development. Since joining the company in 1970, Leung has helped former chairman Cheng Yu-tung turn it into one of the four biggest developers in the city.
Stewart Leung Chi-kin has spent about 80 per cent of his more than five decades in Hong Kong’s property industry at New World Development. Since joining the company in 1970, Leung has helped former chairman Cheng Yu-tung turn it into one of the four biggest developers in the city.
Peter Woo Kwong-ching is stepping down as chairman of conglomerate Wheelock and Co to make way for a new generation of leadership. His son, Douglas Woo Chun-kuen, who became the managing director on July 1, had been elected the new chairman with effect from January 1 next year, Wheelock announced yesterday.
Peter Woo Kwong-ching is stepping down as chairman of conglomerate Wheelock and Co to make way for a new generation of leadership. His son, Douglas Woo Chun-kuen, who became the managing director on July 1, had been elected the new chairman with effect from January 1 next year, Wheelock announced yesterday.
With a strong pipeline of projects, property and logistics conglomerate Wheelock and Company expects to see substantial business growth in the next five years.
With a strong pipeline of projects, property and logistics conglomerate Wheelock and Company expects to see substantial business growth in the next five years.
Property and logistics conglomerate Wheelock and Co said its core profit, excluding property revaluations and exceptional items, rose 40 per cent to HK$4.76 billion in the first half of the year.
Property and logistics conglomerate Wheelock and Co said its core profit, excluding property revaluations and exceptional items, rose 40 per cent to HK$4.76 billion in the first half of the year.