appears to have a close connection with its subject . it may require cleanup to comply with wikipedia s content policies particularly neutral point of view . please discuss further on the talk page . august 2016 learn how and when to remove this template message this article contains content that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . august 2016 learn how and when to remove this template message hongkong land holdings limited type public traded as lse hkld sgx h78 bsx hklbd.bh industry property founded 1889 founder sir paul chater jardine matheson & co. headquarters c o 8th floor one exchange square central hong kong island hong kong 1 bermuda domiciled key people ben keswick chairman and managing director robert wong chief executive services property development property management revenue us 1.9 billion fy 2015 2 net income us 905 million fy 2015 3 total assets us 31 billion 31 dec 2015 4 number of employees 1 503 31 dec 2015 5 subsidiaries mcl land website hkland.com landmark.hk footnotes references underlying profit attributable to shareholders us 930 million fy 2014 6 and gross assets excluding cash us 30 billion 31 dec 2014 7 landmark atrium property owned by hongkong land in central hongkong land chinese ; pinyin zh d k ngg y uxi n g ngsi ; jyutping zi3 dei6 hung3 gu2 jau5 haan6 gung1 si1 is a leading property investment management and development groups with premium commercial and residential property interests across asia . it owns and manages almost 800 000 sq. m. of prime office and luxury retail property in key asian cities principally in hong kong and singapore . its hong kong central portfolio represents some 450 000 sq. m. of prime property . in singapore it has a further 165 000 sq. m. of prestigious office space mainly held through joint ventures while mcl land its subsidiary is a well established residential developer . hongkong land also has a 50 % interest in a leading office complex in central jakarta and a number of residential and mixed use projects under development in cities across greater china and southeast asia including a luxury retail centre at wangfujing in beijing . 8 hongkong land was founded in 1889 and is one of asia s longest established property groups . hongkong land holdings ltd is incorporated in bermuda . it has a standard listing on the london stock exchange as its primary listing and secondary listings in bermuda and singapore . the group s assets and investments are managed from hong kong by hongkong land limited . hongkong land is 50 % owned by jardine matheson holdings . contents 1 today 1.1 presence in hong kong 1.2 footprint in the rest of asia 2 history 2.1 founding 2.2 early years 2.3 1960s and 1970s 2.4 1980s and 1990s 3 buildings 3.1 commercial buildings 3.2 residential projects 4 references 5 external links today edit hongkong land has a portfolio of office and retail buildings in key asian cities with a blue chip list of multinationals and financial services tenants as well as many of the world s leading luxury retail brands such as louis vuitton gucci armani and dunhill . most of its projects outside hong kong are in joint venture with local developers including the keppel group in singapore the vantone group in beijing and the longfor and china merchants groups in chongqing . the examples and perspective in this article or section deal primarily with hong kong and do not represent a worldwide view of the subject . you may improve this article discuss the issue on the talk page or create a new article as appropriate . february 2015 learn how and when to remove this template message presence in hong kong edit in hong kong the company has continued to upgrade its commercial buildings in central . in 2003 the redevelopment of swire house into the new chater house was completed . major renovations have since been carried out in the prince s building . the landmark has also been redeveloped with the luxury landmark mandarin oriental hotel and york house added . in early 2012 a new brand landmark was launched covering the company s four most famous shopping destinations the landmark alexandra house chater house and prince s building which are linked by pedestrian bridges part of the central elevated walkway . it was accompanied by a new logo l representing landmark and luxury retail . the company has also developed three luxury residential buildings on hong kong island in recent years namely serenade the sail at victoria and ivy on belcher s. since 2003 hongkong land has worked with the hong kong government on central cityscape an initiative to enhance and upgrade the physical environment of central . new pavements street furniture modern signage landscaping lighting and more greenery are all part of cityscape s efforts to raise central s attractiveness . in october 2006 hongkong land hosted the central rat race for the first time in the heart of central which has since become an annual event . this charity relay event helps raise funds for mindset a registered charity supporting mental health related organisations and projects in hong kong and mainland china . the inaugural race raised over hk 2 million and as at 31 december 2015 some hk 25 million has been raised . 9 footprint in the rest of asia edit hongkong land has expanded its business outside hong kong in recent years and has significant interests across asia mostly in joint venture with local developers including the keppel group in singapore the cifi group in shanghai and the longfor and china merchants groups in chongqing . in its commercial portfolio in singapore it has attributable interest of some 1.8 million square feet of commercial space . following one raffles link the company developed one raffles quay its second commercial complex in singapore in the marina bay area . it also has a one third interest in the marina bay financial centre that was completed in 2012 . the company owns a 50 % stake in jakarta land which is expanding its complex of commercial buildings in the central business district of jakarta . hongkong land also owns prime office and retail space in bangkok and hanoi with sites also under development in beijing the wf central shopping centre and in phnom penh . in macau hongkong land has developed one central macau in joint venture with shun tak holdings . this is a major mixed use development on the waterfront comprising luxury residences a premium retail development the mandarin oriental macau hotel and residences managed by the hotel . on the residential side the company developed two residential projects in singapore marina bay residences and marina bay suites . the company also has a 100 % interest in mcl land a singapore residential developer active also in malaysia . hongkong land is also developing residences in indonesia and the philippines . hongkong land has also developed luxury residential properties and mixed use projects in mainland china . in beijing there are residential projects such as central park and maple place . in chongqing there are yorkville north yorkville south bamboo grove and three other projects . in chengdu there is we city a mixed use residential and commercial development . in shanghai hongkong land is now developing parkville which is located in pudong shanghai for residential and commercial use . 10 history edit founding edit hongkong land was formed on 2 march 1889 and was initially named the hongkong land investment and agency company limited . it was founded by two prominent businessmen in hong kong sir paul chater and james johnstone keswick . besides property chater was also known for his interests in brokerage and bullion while keswick was tai pan of jardine matheson and company limited . chater had been lobbying for some time in government circles for a new reclamation project in the victoria district in central hong kong and the construction of a new praya along the harbour front . six days after the formation of hongkong land he got his way . the reclaimed land was to yield an area of 65 acres 260 000 m2 of building land some 250 feet 76 m wide along a new waterfront road that came to be known as chater road . this central reclamation has since become a core element of hong kong s central district forming as it does the land between today s des voeux road central and connaught road central including statue square and chater road itself . the four storey new oriental building was the first commercial building on the central reclamation built on marine lot 278 at no. 2 on the then newly formed connaught road and completed in 1898 . 11 this building was demolished in the early 1960s and the site is today occupied by the aia central building . the chater road reclamation can thus be seen as the starting point for hongkong land s development of central as hong kong s business district . early years edit following construction of the new oriental building between june 1904 and december 1905 central saw the completion of five major buildings that were hong kong s first skyscrapers . these included the alexandra building in 1904 which was built on the location of today s alexandra house . by 1941 the company possessed 13 major properties in central . the most valuable among them were marina house alexandra building holland house queen s building and prince s building . hongkong land ceased business for three years and eight months during the second world war . but when the company reclaimed its office buildings in september 1945 they were all in good structural condition . the first post war project came in 1947 adding three more floors to the five storey marina house . then came the redevelopment of 11 and 13 queen s road central into the nine storey edinburgh house which was completed in 1950 . these buildings stood on the sites of today s edinburgh tower and york house . at the same time three old buildings on a triangular site formed by des voeux road chater road and ice house street alexandra building royal building and chung tin building were demolished to make way for the 13 storey alexandra house . 1960s and 1970s edit by the mid 1960s hongkong land owned nine major office blocks as well as the shopping complex in prince s building and the mandarin hotel . these were connected by the first pedestrian bridge . since then hongkong land s buildings have been linked to one another forming a network of commercial buildings . during the 1970s the company began investing in international markets building a portfolio of properties in australia hawaii indonesia malaysia singapore and thailand . perhaps the biggest feat of group chief executive trevor j. bedford s leadership during this period was the construction of the connaught centre . on 1 june 1970 the company paid a then world record price of hk 258 million at public auction for an important new central reclamation site . on completion in 1973 the 52 level 696 000 square feet 64 700 m2 connaught centre was hong kong s largest and most advanced office block . it was renamed jardine house on 1 january 1989 . redevelopment during the 1970s of hongkong land s central portfolio began with the demolition of alexandra house and the construction of what was to be the third building to bear that name on the site . the new 36 level project which was finished in 1976 and was joined to prince s building swire house the mandarin hotel and connaught centre by overhead walkways . today it forms the hub of