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).
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]