- CEO
- Yun-Lien Lee
- Full Time Employees
- 507
- Sector
- Finance
- Industry
- Real estate development
- Address
- 50/F Hong Kong Hong Kong
- IPO Date
- Sep 18, 1981
- Business
- Hysan Development Company Limited engages in property investment, management and development primarily in Hong Kong with a portfolio concentrated in the Causeway Bay's Lee Gardens precinct; it offers premium office leasing in buildings such as Lee Garden One, Lee Garden Two, Lee Garden Three, Lee Garden Five, Lee Garden Six, Hysan Place, Leighton Centre, One Hysan Avenue and the upcoming Lee Garden Eight; retail leasing across approximately 300 shops in nine buildings including Hysan Place, Lee Theatre Plaza and the luxury flagship maisons at Lee Garden One, Two, Three and Five; and residential leasing at Bamboo Grove in Mid-Levels. The company, founded in 1905 and headquartered in Hong Kong, also maintains operations in Mainland China through its interest in Shanghai's Grand Gateway 66 retail, office and residential complex, Lee Gardens Shanghai Grade A office and retail complex, and strategic minority investments including New Frontier Group in healthcare services, Greater Bay Area flexible workspaces via joint venture with IWG plc, and residential developments such as VILLA LUCCA in Tai Po and the To Kwa Wan project with Urban Renewal Authority. Hysan's investment properties total approximately 4.5 million square feet of lettable space in Hong Kong focused on office (55%), retail (30%) and residential (15%) segments, complemented by property under development valued at HK$20.7 billion as of mid-2025.
In recent developments, Hysan advances the Lee Gardens rejuvenation with over 10 renovated luxury flagships including reopened Hermès, Dior, Cartier and Chanel maisons, alongside new lifestyle brands, F&B outlets and pop-up events at Hysan Place; it progresses Lee Garden Eight, a one-million-square-foot sustainable commercial development with Foster + Partners featuring the largest commercial floor plate on Hong Kong Island and 60,000 square feet of green space, on track for 2026 completion to expand the portfolio by 30% and integrate pedestrian connectivity to Causeway Bay MTR. The company launched an HK$8 billion five-year capital recycling program involving partial sales of Bamboo Grove, VILLA LUCCA units and To Kwa Wan residential assets to deleverage and redeploy capital; secured a five-year MOU with Hong Kong Academy for Performing Arts for cultural facilities at Lee Garden Eight; and reported first-half 2025 turnover growth of 2.2% to HK$1.73 billion with recurring underlying profit up 1.2% to HK$1.03 billion, driven by retail (up 2.1%), office occupancy to 92% and residential growth, while investment properties were valued at HK$96.9 billion.