Business Structure
1
Our Business
Property Business
As at June 2015, our land bank in Hong Kong amounted to a gross floor area of 50.8 million
square feet, comprising 22.1 million square feet, or 44%, of properties under development,
and 28.7 million square feet, or 56%, of completed investment properties.
Six sites were added to our land bank with an aggregate gross floor area of 4.9 million square
feet, whereas the new sites are mainly designated for residential developments comprised
of mostly small-to-medium sized units.
Our investment properties in Hong Kong continued to contribute significantly to our
recurrent income. The Group recorded a 7% increase in gross rental income to HK$15,675
million, while net rental income grew by 8% to HK$12,299 million, including contributions
from joint-venture projects. Occupancy rate remained high at around 95% from a diversified
investment property portfolio which the Group has developed across the territory, mostly
located strategically along railway lines.
Usage
Group’s
Interest
Location
Project
Attributable Gross
Floor Area (sq. ft.)
Projects Completed in 2014/15
Park Vista Phase 1
Mount One
W50
Residential/
Shops
100%
Residential/
Shops
100%
Office
100%
18 Castle Peak Road,
Tam Mi, Yuen Long
39 Luen Hing Street,
Fanling
50 Wong Chuk Hang
Road
780,000
140,000
120,000
1
Diagram shows overall business structure of SHKP. For businesses covered in this report,
please refer to
Our Reporting Approach on page 1.
Property
Development
Property
Development
Property
Investment
Property
Investment
Property Related
Businesses
Telecommunications &
Information Technology
Infrastructure &
Other Businesses
19.6 million sq.ft. under development for sale
Over 30 million sq.ft. of agricultural land (site area)
As at 30 June 2015
68.0 million sq.ft. under development
Mobile telephone services
Data centres and IT infrastructure
Transport infrastructure operations and management
Port business
Air transport and logistics business
28.7 million sq.ft. of completed investment properties
Another 2.5 million sq.ft. of investment properties
under development
11.6 million sq.ft. of completed investment properties
Hotels
Property management
Construction
Insurance and mortgage services
HONG KONG
MAINLAND CHINA
Sun Hung Kai Properties
Total
1,040,000
4
Sun Hung Kai Properties Limited Sustainability Report 2014/15