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Hongkong Land Holdings Limited 2006 Preliminary Announcement Of Results
Hamilton, Bermuda: March 06, 2007 -- Highlights
€¢
Capital values and rents continue to rise€¢
Adjusted net assets per share* up 23%€¢
Highly successful residential sales in Singapore and Macau€¢
Full year dividend per share increased by 25% to US¢10"The prospects for Hongkong Land are encouraging on a number of fronts. The office leasing reversion cycle in Hong Kong will continue to benefit income in the period ahead, at the same time as the retail element of our portfolio is performing strongly.
This positive trend in our commercial portfolio will be complemented in the coming years by the recognition of profits on residential sales already achieved."
Simon Keswick,
Chairman6th March 2007
Full report can be viewed here: http://www.hkland.com/investor_relations/2006/respress.pdf