The Group owned a land bank in Hong Kong of 43.0 million square feet in terms of attributable gross floor area, consisting of 25.6 million square feet of completed investment properties and 17.4 million square feet of properties under development. Of the properties under development, 12.4 million square feet are for sale, while the other 5.0 million square feet will be kept as long-term investments and added to the Group's investment properties portfolio upon completion. In addition, the Group owns over 24 million square feet of agricultural land in the New Territories, primarily along rail lines, the majority of which is in the process of land use conversion.

Land Bank in Hong Kong (As at June 2008)