SHKP Quarterly

新鴻基發展（中國）有限公司董事 Director Sun Hung Kai Development (China) Limited Ted Tang 鄧維聰 Ted Tang: Large-scale projects capitalize on mainland opportunities 鄧維聰：掌握內地發展機遇 創建優質大型綜合項目 The mainland is growing at a dazzling pace and Sun Hung Kai Development (China) Limited Director Ted Tang has witnessed Shanghai’s transformation over the past twenty-plus years to one of Asia’s major financial centres today. He believes that the Group’s strategy of concentrating on large-scale integrated landmarks will produce vast opportunities. Focus on prime property development The Group's mainland strategy centres on prime developments, concentrating on large- scale complexes with offices, malls and hotels in first-tier cities for investment. The number of residential units developed for sale is relatively low. This is related to the Group's cautious approach to land acquisition on the mainland, Ted explains, so the Group strives to boost market presence by leveraging its strengths with large premium investment projects. Ted says: “Rental income from investment property is more stable, which fits management’s established prudent business strategy. Besides, large- scale integrated projects require sophisticated construc tion and systems that showcase the Group’s high product quality and brand to the mainland market.” Market-leading quality The Group already has a number of Shanghai landmarks and their stature is evident from the rent and occupation they command. Ted said that the Group’s offices are over 90% occupied and serviced apartments are 95%. He elaborated: “Rental income from Shanghai ICC is excellent and Shanghai IFC was full shortly after it opened, also producing strong rental income. Shanghai IFC is still extremely well regarded in the market today and this is very rewarding for the colleagues involved.” 20 人物 Vol 81 • Q3 2016 • SHKP Quarterly