| Hang Lung Development Company Ltd. |
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Hang Lung Development is one of the established leaders in the Hong Kong property development market. The company is responsible for a growing list of successful developments throughout the territory. It has also been active in China since 1992, where business has been concentrated in Shanghai. Hang Lung's property investment interests are held by Amoy Properties Limited, a publicly listed subsidiary with a substantial portfolio of commercial, office, residential and industrial properties. These are strategically located in popular districts along key transportation routes. Amoy is also one of Hong Kong's largest carpark owner-operators. The company also engages in development work when the right opportunity presents itself. Hang Lung's hotel investments are handled by Grand Hotel Holdings Limited. This publicly listed company owns and manages the Grand Tower Hotel in Mongkok, the Grand Plaza Hotel and Grand Plaza Apartments in Quarry Bay. It also manages The Wesley in Wanchai and The Bay Bridge in Tsuen Wan. Occupancy rates at these properties have been consistently above the industry average for Hong Kong, and this can be attributed to the policy of offering guests high-quality accommodation at reasonable rates in convenient locations. Contact Information: Address: 28th Floor, Standard Chartered Bank Building, 4 Des Voeux Road Central, Hong
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