April 19, 2018 1:12 PM ET

Real Estate Management and Development

Company Overview of Nan Fung Development Limited

Company Overview

Nan Fung Development Limited develops residential and commercial property in Hong Kong and Mainland China, as well as develops projects in Beijing, Guangzhou, Wuxi, Shenzhen, Sanya, and Macau. The company develops, constructs, and owns various projects in the United Kingdom, the United States, Germany, Japan, South Korea, Singapore, and Malaysia. In addition, it provides property management services for properties, such as large-scale residential estates, commercial buildings, industrial properties, shopping centres, and carpark premises; and operates various finance companies to provide mortgage loans. Further, the company specializes in constructing small to large scale residential project...

23rd Floor Nan Fung Tower

88 Connaught Road C


Hong Kong

Founded in 1954


852 2521 7417


852 2524 1276

Key Executives for Nan Fung Development Limited

Managing Director
Compensation as of Fiscal Year 2017.

Nan Fung Development Limited Key Developments

39 Bids Received For Plot Next to Wong Chuk Hang station

MTR Corporation Limited (SEHK:66) says there have been 39 expressions of interest by developers bidding for a plot of MTR Corp land next to Wong Chuk Hang station. The site, which could potentially accommodate 800 flats totalling 576,950 square feet, is valued at HKD 8 billion to HKD 9.8 billion, or HKD 0.014 million to HKD 0.017 million per square foot. The project drew interest from developers such as Logan Property Holdings Company Limited (SEHK:3380); Cheung Kong Property Holdings Limited (SEHK:1113); Wang On Properties Limited (SEHK:1243); China Overseas Land & Investment Limited (SEHK:688); Far East Consortium International Limited (SEHK:35); Vanke Property (Hong Kong) Company Limited (SEHK:1036); New World Development Company Limited (SEHK:17); Wheelock and Company Limited; Chinachem Group Co. Ltd.; Nan Fung Development Limited; K&K Property Holdings Ltd.; Hong Kong International Construction Investment Management Group Co., Limited (SEHK:687); Empire Group Holdings Limited; CITIC Dameng Holdings Limited (SEHK:1091); Chuang's China Investments Limited (SEHK:298) and Asia Standard International Group Limited (SEHK:129).

MTR Received Interests

MTR Corporation Limited (SEHK:66) may sell some assets. The company has received expressions of interest from 15 developers for a plot of land that the offering for sale at the Ho Man Tin station. The project has attracted interest from Wheelock and Company Limited (SEHK:20), Vanke Property (Overseas) Limited (SEHK:1036), China Overseas Land & Investment Limited (SEHK:688), Logan Property Holdings Company Limited (SEHK:3380), Nan Fung Development Limited, Far East Consortium International Limited (SEHK:35), Chuang's Consortium International Limited (SEHK:367), Asia Standard International Group Limited (SEHK:129), and Emperor International Holdings Limited (SEHK:163) before the tender closed. The price for the land could be valued at up to HKD 8.9 billion or HKD 12,000 per square foot, according to Centaline Surveyors’ Director James Cheung. MTR will announce the result shortly.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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