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The present situation of land companies in Hong Kong
Most of the Group's projects outside Hong Kong are carried out in cooperation with local developers, such as Keppel Group in Singapore, Wantong Group in Beijing, Longhu Group and China Merchants Group in Chongqing.
In Hong Kong, the land company continued to upgrade its central business building. In 2003, the company completed the reconstruction project of Taikoo Mansion and built the current Chater Mansion. The Prince Building is undergoing a major renovation project. Landmark Square has also been rebuilt, adding Mandarin Oriental Hotel and York Tower.
In recent years, the company has also developed three luxury residential projects on Hong Kong Island, including Shanglin, Aoxiang Bay and Green House.
Since 2003, the Land Corporation has cooperated with the Hong Kong SAR Government to carry out the "Central Environmental Improvement Project" to enhance the image of Central District through resurfacing, beautifying street facilities, road signs, landscape layout, lighting system and environmental greening.
June 5438+October 2006 10, Land Company held "Rat vs Central" in the heart of Central for the first time. This charity relay race later became an annual event to raise funds for the charity Sijian and help promote mental health institutions and projects in Hongkong and Chinese mainland. In the first year, the event raised more than 2 million Hong Kong dollars, and so far it has raised about 8 million Hong Kong dollars.
In addition to continuous investment in Hong Kong, Land Acquisition Company has actively expanded its overseas business in recent years and set foot in several Asian markets.
As for Singapore's commercial real estate portfolio, after the completion of a Raffles Avenue and a Raffles Wharf, the land acquisition company has major interests in Singapore's future new commercial center and Binhai Bay financial center. The first phase of the project was completed on 20 10.
The land company holds 50% of the shares of Jakarta Land Company, which is expanding its commercial real estate project in the central business district of Jakarta. The real estate company also owns a series of high-quality office buildings and shops in Bangkok and Hanoi.
In terms of residential property, the company's senior residential projects in Singapore, marina bay House and marina bay Suite, are about to be completed. The company also owns MCL Land, a developer listed in Singapore, which is active in mid-to high-end residential projects in Singapore and Malaysia.
In Macau, Land Company cooperated with Shun Tak Group to develop Macau Plaza One. This large-scale comprehensive development project located by the lake integrates luxury residence, high-grade shops, Mandarin Oriental Hotel in Macau and hotel management residence.
In Chinese mainland, Land Company has completed or is building a number of luxury high-end residential projects, including the "New Town" in Beijing. International and Maple Leaf Gardens, rivers and cities in Chongqing, and other projects in Chongqing and Shenyang. "New city?" International is one of the first large-scale luxury residential projects in China, which was built by stages in 2004.
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