Strong rebound in mainland China’s tourism demand, evident recovery of Joy City Real Estate’s three high-end hotels.
In the fourth quarter, The Wharf (Holdings) will introduce its third hotel brand.
Hang Lung Properties and Hang Lung Group’s property rental income increased by 5% and 4%, respectively, reaching HKD 5.237 billion and HKD 5.523 billion.
This building was originally commissioned by Georges Vuitton, the son of Louis Vuitton’s founder.
Domestic Tourism Market Shows Signs of Gradual Recovery!
Monthly rent exceeding HKD 3 million, making it one of the highest-value leases in Hong Kong since the outbreak of the COVID-19 pandemic.
Luxe.CO has compiled a summary of the performance of Hang Lung Properties’ 7 high-end shopping malls.
Under pressure, China Duty Free chooses to deepen its roots in the Hainan market.
The group will implement a comprehensive development strategy with retail as the main driver, launching over 200 mall, residential, and hotel projects.
In 2022, Swire Properties generated HKD 13.826 billion in revenue and announced a HKD 50 billion investment plan in the Chinese mainland.
