Engages in property development activities
Hang Lung Properties Ltd. is an investment holding company, which operates through its subsidiaries, property investment for rental income, property development for sales and leasing, car park management and property management. The company operates its business through the following segments: Property Leasing in Hong Kong, Property Leasing in Mainland China, and Property Sales in Hong Kong. The Property Leasing segment includes the investment properties portfolio, consisting of retail, office, residential, serviced apartments and car parks in Hong Kong and mainland China. The Property Sales segment includes development and sale of the group's trading properties in Hong Kong. Hang Lung Properties was founded on December 19, 1949 and is headquartered in Hong Kong.