SHKP's premium offices provide ideal business locations
11 April 2006

Sun Hung Kai Properties (SHKP) is marketing its office developments in Hong Kong, Beijing and Shanghai with well-defined branding and concomitantly building landmark structures that reinforce Hong Kong's status as an international city. The new slogan for the office portfolio is 'BIZ - The Key is Here', and it contains offices in ideal locations for local, mainland and multinational companies.

Sun Hung Kai Real Estate Agency Executive Directors Jimmy Wong and Victor Lui and Deputy General Manager (Office Leasing) Lo King-wai announced the new initiative today.

SHKP's premium office portfolio includes 17 developments covering approximately seven million square feet. Average occupancy is at 96% and some projects are fully let. Among the best known are One and Two ifc in Central, Sun Hung Kai Centre and Central Plaza in Wan Chai, Millennium City phases 1, 2, 3 and 5 in Kwun Tong, Grand Century Place in Mong Kok and Metroplaza in Kwai Fong. The Hong Kong portfolio will expand to ten million square feet when International Commerce Centre at the Kowloon Station is completed, making SHKP one of the largest premium office landlords in the territory.

Covering Hong Kong
Mr Wong said: "Several things set SHKP's office portfolio apart. First, it is well balanced and covers Hong Kong, Kowloon and the New Territories. Our office developments in non-core areas are often local landmarks and help transform their neighbourhoods into thriving centres. Some developments are along major rail lines like the Airport Express, MTR and KCR, so the locations are highly accessible."

Landmarks set new standards
"Second, SHKP builds premium-quality office developments, setting new standards in terms of planning, materials and decor to suit the market. These include a number of landmarks that reinforce Hong Kong's status as an international metropolis. Central Plaza was the world's tallest steel-frame building at the time it was completed, and Two ifc is now Hong Kong's tallest building and the benchmark for scale and quality in grade-A offices. International Commerce Centre currently under construction will soon be the new tallest building in Hong Kong and third tallest in the world."

Top service stays competitive
"Third, SHKP developments supplement fine materials and the latest high-tech facilities with premium customer service to keep the portfolio competitive and achieve satisfactory rental returns." Network continues to expand

SHKP's office portfolio will expand with the completion of new projects like Millennium City 6 and Shanghai ifc, in addition to International Commerce Centre.

The slogan 'BIZ - The Key is Here' will help people easily identify SHKP's premium developments and service. Mr Lo said that 'BIZ' refers to business and the symbol styled after the ancient Greek reinforces the idea that it offers tenants the key to a thriving business.

New developments

Millennium City 6
Millennium City 6 will be ready in the middle of 2007, providing about 400,000 square feet of office space with state-of-the-art facilities. SHKP will retain the development as a long-term investment.

International Commerce Centre
The 118-storey International Commerce Centre will be at the heart of Hong Kong's future cultural and commercial hub, containing 2.5 million square feet of grade-A offices. Its location at a major railway interchange will make it convenient to the airport and the rest of the territory via rail lines including the KCRC Northern and Southern links and the proposed Guangzhou-Shenzhen-Hong Kong Express Rail.

Shanghai ifc
Shanghai ifc will be in the middle of the Lujiazui financial centre in Pudong, overlooking the Huangpu River. The integrated commercial complex will contain about four million square feet of gross floor areas. Construction is about to begin. The sweeping view and superb quality will match ifc in Hong Kong, with comprehensive communications and high-tech facilities. The project will also have a top-end mall with international brands and a hotel and serviced apartments managed by world-renowned hospitality operators.

SHKP office portfolio:

• One & Two ifc, Central
• Central Plaza, Wan Chai
• Harbour Centre, Wan Chai
• World Trade Centre, Causeway Bay
• Millennium City 1, 2, 3 & 5
• Grand Century Place, Mong Kok
• Grand Central Plaza, Sha Tin
• New Town Tower, Sha Tin
• Metroplaza, Kwai Fong
• Millennium Trade Centre, Kwai Chung
• Grand City Plaza, Tsuen Wan
• Landmark North, Sheung Shui