Michael Smith
Chief Executive
Hongkong Land is a major listed property development, investment and management group. It focuses on developing, owning and managing premium and ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. With over US$50 billion in assets under management, Hongkong Land’s ultra-premium mixed-use real estate footprint spans over 1.82 million sq. m. lettable area in operation and 1.57 million sq. m. lettable area under development, with flagship mixed-use projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world’s foremost companies and luxury brands. Established in 1889, Hongkong Land takes a long-term view, investing significantly alongside its capital partners and concentrating its portfolio where it can create the most value for tenants, customers and investors.
Listed
LSE | SGX
3
Board seats held by JM
22%
2024 underlying net profit contribution
US$218m
2024 underlying net profit contribution
As at 31 December 2024
Strategic vision is to focus on investment properties in Asia’s gateway cities. This is being executed by strategically reallocating capital, and recycling proceeds from its build-to-sell segment into new, high-quality integrated commercial opportunities, all driven by Hongkong Land's placemaking innovation and enduring commitment to exceptional experiences.
Hongkong Land operates a portfolio of prime core properties which it develops and holds as long-term investments. Its core properties are predominantly commercial in nature and located in the core central business districts of Asian gateway cities, with a concentration in Hong Kong, Singapore and Shanghai. Returns principally arise from rental income and long-term capital appreciation.
Hongkong Land's Build-to-sell properties are primarily premium residential and mixed-use developments, located in the Chinese mainland and Southeast Asia. Following its strategic update, Hongkong Land has made a decisive strategic pivot to wind down its Build-to-sell business.
Chief Executive
Chief Financial Officer
John Witt