{"id":55669,"date":"2017-05-23T12:11:52","date_gmt":"2017-05-23T05:11:52","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wide-ranging-hk2b-project-to-upgrade-its-assets-reaps-rewards-for-hang-lung-properties\/"},"modified":"2017-05-23T12:19:22","modified_gmt":"2017-05-23T05:19:22","slug":"wide-ranging-hk2b-project-to-upgrade-its-assets-reaps-rewards-for-hang-lung-properties","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wide-ranging-hk2b-project-to-upgrade-its-assets-reaps-rewards-for-hang-lung-properties\/","title":{"rendered":"Wide-ranging HK$2b project to upgrade its assets reaps rewards for Hang Lung Properties"},"content":{"rendered":"


\nHang 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.
\nHigh levels of store vacancies and closures became commonplace, with some top brands postponing their expansions, or scaling back their existing operations.
\nNorman Chan, who joined Hang Lung in 2013 as sales and leasing director,…
\n
\nSource : South China Morning Post
\nRead more…Wide-ranging HKb project to upgrade its assets reaps rewards for Hang Lung Properties<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hang Lung Properties initiated its bold HK$2 billion, seven-year asset enhancement plan in 2012, just...<\/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-55669","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-etT","jetpack-related-posts":[{"id":55667,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-properties-hk2b-upgrade-of-assets-paying-off\/","url_meta":{"origin":55669,"position":0},"title":"Hang Lung Properties\u2019 HK$2b upgrade of assets paying off","date":"May 23, 2017","format":false,"excerpt":"\r Hang 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. The developer said its investments \u2013 that include significant work at two major malls on the\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":55669,"position":1},"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":[]},{"id":61958,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-properties-profit-dips-4pc-in-first-half-on-lower-rental-income\/","url_meta":{"origin":55669,"position":2},"title":"Hang Lung Properties\u2019 profit dips 4pc in first half on lower rental income","date":"July 27, 2017","format":false,"excerpt":"\r Interim profits for Hong Kong developer Hang Lung Properties beat projections by Goldman Sachs but still came in 4 per cent lower compared to the same period last year on lower rental income. Underlying profit in the first half, excluding revaluation gains in investment properties, dropped 4 per cent\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":55669,"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":103487,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-reports-2018-underlying-profit-slumps-26-per-cent-amid-fewer-sales\/","url_meta":{"origin":55669,"position":4},"title":"Hang Lung reports 2018 underlying profit slumps 26 per cent amid fewer sales","date":"January 30, 2019","format":false,"excerpt":"\r Hang Lung Properties reported on Wednesday 2018 underlying profit plunged 26 per cent on year, matching analyst expectations, amid softer sales during a 12-month period that coincided with a downturn in the developer\u2019s project completion pipeline. For the financial year ended December 31, the developer\u2019s underlying profit totalled HK$4.09\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83815,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-to-spend-hk40-million-on-mall-upgrades-to-woo-mong-koks-shoppers\/","url_meta":{"origin":55669,"position":5},"title":"Hang Lung to spend HK$40 million on mall upgrades to woo Mong Kok\u2019s shoppers","date":"March 27, 2018","format":false,"excerpt":"\r Hang Lung Properties will spend HK$40 million (US$5.1 million) renovating two of its shopping malls in Hong Kong\u2019s bustling Mong Kok area in a bid to enhance rental income in a fast-changing retail landscape. The appeal of Hang Lung\u2019s Gala Place and Hollywood Plaza has been in decline in\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\/55669"}],"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=55669"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/55669\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=55669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=55669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=55669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}