According to the group, the new strategy aims to “reinforce Hongkong Land’s core capabilities, generate growth in long-term recurring income and deliver superior returns to shareholders”.
Hongkong Land has announced its new strategy, according to an Oct 29 release.
Under the new strategy, the group will no longer focus on investing in the build-to-sell segment across Asia. Instead, the group is expected to begin recycling capital from the segment into new integrated commercial property opportunities as it completes all existing projects.
