Hang Lung Properties Reports Profit Drop Amid Mainland Office Weakness
Hong Kong developer's first-half earnings fell 10% despite record shopping mall rents, as property sale losses and higher finance costs weighed on results
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Hong Kong developer's first-half earnings fell 10% despite record shopping mall rents, as property sale losses and higher finance costs weighed on results

The Lopez-backed developer acquired additional shares in the entity controlling the 17.5-hectare mixed-use complex in Metro Manila's southern corridor

Central district rents climbed modestly in Q2 while occupied space contracted sharply, signaling cooling momentum in the city-state's retail property market

The trust paid out S$0.03936 per unit for H1 2026, with lower financing costs and improved occupancy offsetting weaker London performance

Malaysia's retail trust reported second-quarter net income of RM139 million, driven by Mid Valley Southkey's first full contribution and strengthening demand at flagship properties