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From Ditching Residential Development to REITs: Hongkong Land’s Ten-Year Growth Blueprint

Hongkong Land, a Hong Kong real estate company listed in both Singapore and London, recently unveiled a much-anticipated strategic update: a plan to release up to US$10 billion of capital by ceasing residential development, selling assets and investing in real estate investment trusts (REITs) and other third-party capital vehicles, while expanding its portfolio of high-end commercial projects. The ten-year plan, which aims to double its recurring profit by 2035, marks an important capital reallocation decision for Hongkong Land.

The full article was published in Hongkong Business Times, written by CHFT Stella Law.

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