Sun Hung Kai Properties Value Stock - Dividend - Research Selection
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Description of the company
Sun Hung Kai Properties Limited develops, sells, and rents real estate properties in Hong Kong, Mainland China, and Singapore. The company\'s properties include residential projects, offices, industrial buildings, and shopping centers. As of June 30, 2017, its land bank comprised 51.8 million square feet of gross floor area, including 29.8 million square feet of completed properties and 19.6 million square feet of properties under development, as well as approximately 28 million square feet of agricultural land in Hong Kong; and 66.5 million square feet in gross floor area on comprising 52.6 million square feet of properties for development, 12.8 million square feet of completed properties for rent/investment in Mainland China. The company also develops, operates, and manages hotels. In addition, it provides property and facility management, and cleaning services; data center facilities management, Web application, installation and maintenance, and value added services; general insurance products; and general management and agency, mortgage and other loan financing, architectural and engineering, carpark, building construction and project management, fire prevention and mechanical engineering, plant and machine hire, and secretarial services. Further, the company operates department stores and supermarkets, transport infrastructure, observation decks, and a freight forwarding center; manages clubs; and builds and operates expressways, as well as provides mid-stream container handling services. Additionally, it offers broadband connectivity, communal aerial broadcast distribution/satellite master antenna television, and surveillance systems, as well as mobile telephone services; and engages in air transport and logistics 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. The company was incorporated in 1972 and is based in Wan Chai, Hong Kong.