Henderson Land Development

More HK primary homes will launch in August

HK developers continue to push out more primary flats despite HK second-hand home property is slowing down. Sun Hung Kai Properties (0016.HK) is launching 932 units at Century Link II, the 2nd phrase of Century Link in Tung Chung, by August. The phase… Continue Reading →

Mega redevelopment project has launched in Hong Kong

Henderson Land plans to build a shopping complex with 60 shops by the Tai Kok Tsui redevelopment project. Henderson Land (0012.HK) is going to launch a 4 phases of shopping complex (total gross floor area of 200,000 square feet) in Tai Kok Tsui, named Square Mile…. Continue Reading →

Beating estimates: Sino Land captured luxury home land in rural Hong Kong

Outbidding 17 developers including CK Hutchison and Henderson Land, Sino Land paid for HK$609 million, almost 50 percent above market estimates. HK government increasingly supplies the developers with lands of small and medium home flats but luxury homes. Therefore, the newly announced tender of a low-rise… Continue Reading →

Hong Kong developer gain much from rental income

Henderson Land Development’s profit from property sales was weaker than rental in 2014 Henderson Land Development (0012.HK) underlying profit grew 4 percent last year as higher rental income offset a drop in property sales. Gross rental income in Hong Kong rose 7 percent, while… Continue Reading →

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