Hutchison Whampoa Property Explained

Hutchison Whampoa Property Limited
和記黃埔地產有限公司
Type:Privately owned company
Foundation:1971
Location City:Central
Location Country:Hong Kong
Area Served:Hong Kong
Industry:Properties
Parent:Hutchison Whampoa
Successor:Hutchison Property Group Limited

Hutchison Whampoa Property Group was the property development and investment arm of Hutchison Whampoa of Hong Kong.

In 2015, the company was spun-out of Cheung Kong Holdings to form part of Cheung Kong Property Holdings. Hutchison Whampoa Properties Limited has since been renamed Hutchison Property Group Limited (和記地產集團有限公司).

History

The company was formerly Hutchison Properties Limited (HPL). HPL was incorporated in 1971, as a wholly owned subsidiary of Hutchison International Limited (HIL). Shortly afterwards, it became a listed company and acquired the major property interests of HIL and its trading subsidiaries.

In 1980, HPL was privatized by Hutchison Whampoa Limited (HWL), making it once again a wholly owned subsidiary. In 1993, HWL formed Hutchison Whampoa Properties Limited to hold all the property interests of HWD, HPL and HWL's newly privatised subsidiary, CIHL.[1]

Properties

Notes and References

  1. Web site: Hutchison Whampoa Property . 2009-04-22 . https://web.archive.org/web/20090521175505/http://www.hwpg.com/en/profile/companyprofile.asp?section=companyprofile . 2009-05-21 . dead .