{"id":55667,"date":"2017-05-23T12:14:45","date_gmt":"2017-05-23T05:14:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-properties-hk2b-upgrade-of-assets-paying-off\/"},"modified":"2017-05-23T12:19:22","modified_gmt":"2017-05-23T05:19:22","slug":"hang-lung-properties-hk2b-upgrade-of-assets-paying-off","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-properties-hk2b-upgrade-of-assets-paying-off\/","title":{"rendered":"Hang Lung Properties\u2019 HK$2b upgrade of assets paying off"},"content":{"rendered":"


\nHang Lung Properties is beginning to reap the benefits of an asset enhancement programme launched in 2012, say officials, which is focused on its major shopping malls in Hong Kong and the mainland.
\nThe developer said its investments \u2013 that include significant work at two major malls on the mainland and smaller retail investments in Hong Kong \u2013 were already making a contribution to the group, thanks in part to the recent pick up in consumer spending.
\nHang Lung budgeted HK$2 billion…
\n
\nSource : South China Morning Post
\nRead more…Hang Lung Properties\u2019 HKb upgrade of assets paying off<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hang Lung Properties is beginning to reap the benefits of an asset enhancement programme launched...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-55667","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-etR","jetpack-related-posts":[{"id":170442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-flags-tough-slog-for-property-as-it-looks-to-mainland-malls-for-growth\/","url_meta":{"origin":55667,"position":0},"title":"Hang Lung flags \u2018tough slog\u2019 for property, as it looks to mainland malls for growth","date":"January 30, 2026","format":false,"excerpt":"\r Hong Kong developer Hang Lung Properties is pinning its medium-term outlook on a recovery in mainland Chinese consumption, even as it warned that both the city\u2019s and China\u2019s property markets remain under strain. The commercial landlord, residential developer and hotel owner said it expected a \u201ctough slog\u201d for the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172294,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-profit-falls-as-property-losses-and-weak-offices-offset-record-mall-rents\/","url_meta":{"origin":55667,"position":1},"title":"Hang Lung profit falls as property losses and weak offices offset record mall rents","date":"July 31, 2026","format":false,"excerpt":"\r Hong Kong developer Hang Lung Properties\u2019 underlying profit fell in the first half as losses from property sales, higher finance costs and a weak mainland China office market offset record rental income from its shopping malls. Underlying net profit declined 10 per cent from a year earlier to HK$1.44\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55669,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wide-ranging-hk2b-project-to-upgrade-its-assets-reaps-rewards-for-hang-lung-properties\/","url_meta":{"origin":55667,"position":2},"title":"Wide-ranging HK$2b project to upgrade its assets reaps rewards for Hang Lung Properties","date":"May 23, 2017","format":false,"excerpt":"\r Hang Lung Properties initiated its bold HK$2 billion, seven-year asset enhancement plan in 2012, just as the retail market entered a lengthy correction at home, and in the mainland, luxury retailers were hit hard by an anti-corruption crackdown by Chinese leaders. High levels of store vacancies and closures became\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78473,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hang-lung-properties-sees-2017-underlying-profit-fall-on-declining-china-mall-rental-income\/","url_meta":{"origin":55667,"position":3},"title":"Hong Kong\u2019s Hang Lung Properties sees 2017 underlying profit fall on declining China mall rental income","date":"January 30, 2018","format":false,"excerpt":"\r Hong Kong developer Hang Lung Properties, which owns the Fashion Walk shopping area in Causeway Bay and eight shopping centres in China, reported a 13 per cent fall in 2017 underlying profit, citing fewer property sales and a decline in rental income from its mainland China business. Underlying profit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21182,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lungs-strong-hk-sales-cancelled-out-by-weak-mainland-rentals\/","url_meta":{"origin":55667,"position":4},"title":"Hang Lung\u2019s strong HK sales cancelled out by weak mainland rentals","date":"July 28, 2016","format":false,"excerpt":"\r Hang Lung Properties, one of Hong Kong\u2019s leading developers, delivered first-half profits in line with market expectations, as strong residential sales in Hong Kong were cancelled out by weakened rental income in mainland China.\r \r Source : South China Morning Post\r Read more...Hang Lung\u2019s strong HK sales cancelled out\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41983,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-properties-2016-core-profit-up-45pc-to-hk6-3bn\/","url_meta":{"origin":55667,"position":5},"title":"Hang Lung Properties\u2019 2016 core profit up 45pc to HK$6.3bn","date":"January 26, 2017","format":false,"excerpt":"\r Hang Lung Properties, the first developer to kick off the reporting season, reported strong earnings last year on the back of rising property income in Hong Kong. Underlying profit, excluding revaluation gains in investment properties, rose 45 per cent to HK$6.34 billion, or HK$1.38 per share, the company said\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/55667"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=55667"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/55667\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=55667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=55667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=55667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}