- Business
- C C Land Holdings Limited (1224.HK), an investment holding company incorporated in Bermuda in 1998 and headquartered at 25th Floor, China Resources Building, 26 Harbour Road, Wanchai, Hong Kong, engages in property development and investment; treasury investment; money lending; corporate management; and investment management activities, with operations spanning the United Kingdom, Hong Kong and Mainland China. The Property Development and Investment segment develops and invests in residential, commercial, office, retail, hotel and mixed-use properties, including wholly-owned Grade A offices The Leadenhall Building (610,000 sq ft, fully let, GBP42.7 million annual rent) and One Kingdom Street (265,000 sq ft Grade A office, 89% occupied, GBP16.9 million annual rent) in Central London; 50% interest in Thames City (1.7 million sq ft luxury residential and commercial along River Thames, Phase I 502 units presold for over GBP1.0 billion, Phase II construction underway for 2028 completion); approximately 47% interest (50% voting) in The Whiteley (603,000 sq ft mixed-use redevelopment in Queensway, 101 residential units presold for GBP661 million, 91 delivered, 109-key Six Senses Hotel presold for GBP180 million, practical completion H2 2025); 25% interest in Harbourside HQ (795,000 sq ft Grade A office in Kai Tak, 75% occupied); 42% interest in No. 15 Shouson (15 luxury villas in Hong Kong, 7 sold for HK$3.9 billion, 8 remaining); 15% effective interest in KITEC redevelopment (commercial/residential, approved July 2025); 29.4% interest in Jiangsu Yancheng (1.56 million sq ft residential/commercial, Phase I delivering); and 34% interest in Guangdong Jiangmen (19.2 million sq ft commercial/residential in Greater Bay Area). The Treasury Investment segment invests in listed equity securities, unlisted funds, securities and notes receivable, and provides financial services, generating HK$250.3 million revenue in H1 2025 (up from HK$244.1 million). Latest developments include fair value gains of HK$24.8 million on UK investment properties as of June 2025 (revalued at GBP1,142 million); delivery of 91 Whiteley residential units and 15 Thames City units in H1 2025; redemption of unlisted fund for HK$549.4 million proceeds; chairman's HK$3 billion revolving loan facility in December 2024; appointment of Ms. Cheung Elaine Yu Ling as Executive Director in December 2024; funding commitment letter signed April 2025 for ECL-related loans; and 2024 annual fair value gains of HK$308.8 million on UK properties with improved occupancies at Leadenhall (100%) and One Kingdom Street (89%).