Type | Privately-owned company |
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Industry | Properties |
Founded | 1993 |
Headquarters | Hong Kong, China |
Area served | Hong Kong |
Parent | Hutchison Whampoa |
Website | Hutchison Whampoa Property Limited |
Hutchison Whampoa Property Limited (HWP) (Chinese: 和記黃埔地產有限公司) is the property development and investment arm of Hutchison Whampoa Limited of Hong Kong. It comprises the property interests of Hongkong & Whampoa Dock Company Limited (HWD), Hutchison Properties Limited (HPL) and Cavendish International Holdings Limited (CIHL).
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The company was formerly Hutchison Properties Limited (HPL). HPL was incorporated in 1971, as a wholly owned subsidiary of Hutchison International Limited (HIL). Shortly afterwards, it became a listed company and acquired the major property interests of HIL and its trading subsidiaries.
In 1980, HPL was privatized by Hutchison Whampoa Limited (HWL), making it once again a wholly owned subsidiary. In 1993, HWL formed Hutchison Whampoa Properties Limited to hold all the property interests of HWD, HPL and HWL's newly privatised subsidiary, CIHL.[1]