[citation needed][10] The Group's assets and investments are managed from Hong Kong by Hongkong Land Limited.

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.

Hongkong Land also owns interests in the Gaysorn Village in Bangkok, developed the WF CENTRAL shopping centre in Beijing, Exchange Square in Phnom Penh, and two office buildings in Hanoi.

[citation needed] Hongkong Land has also developed residential properties and mixed-use projects in mainland China.

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.

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.

By the mid-1960s, Hongkong Land owned nine office blocks as well as the shopping complex in Prince's Building and The Mandarin Hotel.

[citation needed] During the 1970s, the company began investing in international markets, building a portfolio of properties in Australia, Hawaii, Indonesia, Malaysia, Singapore and Thailand.

[citation needed] The Group Chief Executive Vernon Robert'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 a public auction for an important new central reclamation site.

[citation needed] 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.

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 36-level project, which was finished in 1976, was joined by Prince's Building, Swire House, The Mandarin Hotel and Connaught Centre by overhead walkways.

In 1982, Hongkong Land acquired the last major site available in Central with a bid of HK$4.7 billion and began construction of the first phase of Exchange Square.

[citation needed] This was a period of financial difficulty for Hongkong Land as it looked to reorganise itself and reduce its debt burden through asset disposals and restructuring measures.

During the 1990s, Hongkong Land continued to enhance its core commercial office portfolio in Hong Kong, while beginning to look at investment opportunities in other Asian cities.

[citation needed] Hongkong Land is a major landlord in the Central Business Districts of Hong Kong, Singapore, Jakarta and has a presence in other Asian cities, including: World Trade Center Jakarta West Bund Site, Xuhui, Shanghai In addition, Hongkong Land has several hotel interests, namely The Landmark Mandarin Oriental Hotel, Mandarin Oriental Wangfujing, Beijing and Hyatt Centric The Ring Chengdu (2025).

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