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Sun Hung Kai Properties Ltd

Sun Hung Kai Properties Limited, an investment holding company, develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops, sells, and leases properties, including residential estates, offices, shopping malls, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder's comprehensive, fire, employees' compensation, travel, personal accident, motor vehicles, contractors' all risks, third party liability, and property all risks. In addition, it offers public bus, car parks, toll roads, and retail department stores services; data centre, facilities management, and value-added services; general insurance; and airport freight forwarding services. Further, the company provides insurance and mortgage services; mobile telephone, data centres, and IT infrastructure services; and transport infrastructure operation and management, port, and air transport and logistic services, as well as Internet of Things (IoT) solutions. Additionally, it offers mobile telephone system operation services; asset and project management services; loan financing; fire prevention and mechanical engineering services; architectural and engineering services; property and facility management services; business aviation centre services; real estate and general agency services; and secretarial services, as well as manufactures and sells ready mixed and precast concrete. The company also engages in the hotel operation business. The company was formerly known as Sun Hung Kai (Holdings) Limited and changed its name to Sun Hung Kai Properties Limited in March 1973. Sun Hung Kai Properties Limited was incorporated in 1972 and is based in Wan Chai, Hong Kong.

Price · split & dividend adjusted
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0016.HK

SHKP and AXA Sign Major Lease Agreement at IGC

Sun Hung Kai Properties Limited and AXA Hong Kong and Macau have signed a major leasing agreement for the International Gateway Centre, with AXA committing approximately 97,500 square feet across two and a half floors for its new distribution office and wealth management hub. The 10-year lease, scheduled for occupancy in early 2028, underscores AXA's confidence in Hong Kong's future and its commitment to expanding distribution capabilities in the region. The new space will serve as a flagship for AXA's wealth and legacy planning offerings, leveraging IGC's location above Hong Kong's only High Speed Rail terminus for connectivity to major Chinese Mainland cities. IGC is SHKP's new flagship integrated commercial development, comprising two twin towers of four Grade-A office blocks with approximately 2.5 million square feet of premium space, plus a five-level retail podium with over 600,000 square feet of gross floor area.
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