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Creating Portfolio Growth and Capital Appreciation
Our business strategy is to acquire, enhance and hold quality assets which can synergise with and strengthen our portfolio. With our home in Hong Kong, we are interested in opportunities in Hong Kong, the tier-one cities in Mainland China and their surrounding river delta area or other markets where suitable opportunities arise. Optimising portfolio value and asset performance, we seek to bring about exceptional customer experience and thriving businesses for our tenants.
(Note: As at 30 September 2022, the total valuation of investment properties, plus 50% value of Qibao Vanke Plaza, 49.9% value in the prime office portfolio in Sydney and Melbourne, and the agreed property value in Mainland China logistics assets in Changshu which was announced on 12 May 2022, on a pro-forma basis.)
Asset enhancement unlocks the hidden potential of existing assets and has been a key driver for our business growth over the years. In keeping with changing consumer needs and the specific area development forecast, our enhanced properties create an attractive retail environment for tenants and shoppers, and deliver satisfactory returns for investors.
Thanks to our Placemaking programme, we also enhance the communities where we have a presence by reinvigorating spaces into places with distinctive characteristics that encourage and inspire local community engagement and interaction.
Asset investment (acquisition) is our strategy to expand business presence and improve portfolio quality by acquiring assets with stable income and revenue growth potential. Our investment focus is on retail and commercial properties (excluding hotels and serviced apartments) as well as property development and related activities.