Hongkong Land shifts strategy, exits build-to-sell in Asia

It will redirect capital from the segment to new integrated commercial property ventures.

Hongkong Land will discontinue investments in the build-to-sell segment across Asia, which includes residential and medium-term lease assets, as part of its new strategy.

The company plans to redirect capital from this segment to new integrated commercial property ventures upon completing all current projects.

Under the new strategy, the company will expand its investment properties business in Asian gateway cities, seek third-party capital for growth, and refine its capital allocation framework to improve shareholder returns.

By 2035, the company aims to recycle up to US$10b of capital.

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Hongkong Land

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