1. Operations

2. References

3. External links

  name   = Chinese Estates Group|  logo   = |  type   = Real estate |  company_slogan =  |  foundation     = 1986 |  location       = Hong Kong, People's Republic of China |  key_people     = Joseph Lau, Luen-hung (Chairman & ) 
  industry       = Real estate |  products       = offices and retail|  revenue        =  HK$ 2,151.3 million (2009)[1]|  operating_income=   net_income      =   homepage       =  

Chinese Estates Group is a real estate development group based in Hong Kong. The group comprises three Hong Kong publicly listed companies : Chinese Estates Holdings Limited (Stock Code: 127), Chi Cheung Investment Company, Limited (Stock Code: 112) and G-Prop (Holdings) Limited (Stock Code: 286).

Historically, Chinese Estates Group has been focused on the Hong Kong market, but has more recently expanded into neighbouring Macau and mainland China.^[2]

In July 2010 the group was reported to be in exclusive negotiations to acquire Tower 42, an office tower in the City of London, for a reported sum of around £300 million.^[3]

Operations

Total revenues for 2009 totalled HK$2,151.3 million. As of 31 December 2009 the property portfolio was valued at HK$8,564.3 million. The current portfolio comprises retail and office assets totalling around {{convert|1000000|sqft|m2}} and {{convert|1200000|sqft|m2}} respectively. The group also has a landbank of approximately {{convert|30000000|sqft|m2}} to be developed in Hong Kong, Macau, and in mainland China.

References

External links

• http://www.chineseestates.com

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