Turnover for HKR International fell by 15.6 per cent to HK$2.234 billion (US$286.4 million) for the year to the end of March.

Profits attributable to shareholders, amounting to $823.9 million, rose 5.1 per cent however.

The group has five business divisions: property development, property investment, services, hotels and healthcare. It works across Hong Kong, Mainland China, Japan and Southeast Asia.

Its property development and investment division includes retail interests…

2Gether, Tuen Mun: This residential development in Hong Kong includes a retail podium covering about 12,300 sqm. The project was launched in October and is scheduled for completion at the end of 2017. The group has a 75 per cent interest in the development.

CDW Building, Tsuen Wan: Phase one of refurbishment works have been completed for CDW Building in Hong Kong, which includes a seven-storey retail podium. Nearly 90 per cent of the enhanced floor area is under lease.

DB Plaza and DB North Plaza, Discovery Bay: DB Plaza and DB North Plaza continue to generate steady rental income and have achieved respective occupancy rates of 95 and 93 per cent. The group holds a 50 per cent interest in both malls.

HKRI Taikoo Hui, Shanghai: This complex includes a high-end shopping mall, which has a commitment rate exceeding 90 per cent. A soft-opening celebration was held in May. The group holds a 50 per cent interest in HKRI Taikoo Hui.

The Exchange, Tianjin: The group owns 15 per cent of this investment property in Tianjin, where the mall reopened in December under the name of Heping Joy City – Tianjin. Its occupancy rate exceeds 85 per cent.