14
Hong Kong landbank
Landbank replenishment strategy – maintain a balanced & sustainable portfolio
Proven track record – added 14 development projects with attributable GFA 4.1 mn sq ft since FY2010*
2 old building acquisitions in Western District completed in FY2014, total GFA 180,000 sq ft
Secured over 80% ownership of 4A-4P Seymour Road, Mid-levels, total GFA 472,000 sq ft
Acquisition of Kut Cheong Mansion in North Point completed in 1Q FY2015, total site area 32,500 sq ft
The Group’s interest in Clear Water Bay Road project increased from 56% to 63% in 1Q FY2015
A. Farmland conversion
No of projects: 4
Attri GFA/ sq ft: 1.9 mn
B. Public Tender
No of projects: 4
Attri GFA/ sq ft: 1.4 mn
C. Old building acquisition
No of projects: 6
Attri GFA/ sq ft: 0.8 mn
*As at 30 Jun 2014
