For Prime Properties Investments, performance in Hong Kong was impacted by negative rental reversions in the office portfolio, as well as temporary impact to retail rental income from the ongoing Tomorrow’s CENTRAL transformation.
Hongkong Land Holdings says that its underlying profit in the quarter of 1QFY2025 ended March 31, 2025 was “in line” with the same period a year ago.
This is from lower contributions from its central portfolio in Hong Kong, offset by higher contributions from the build-to-sell business.
