In Indonesia, Hongkong Land acquired a 50% interest in Jakarta Land, which owns 800,000 sq. ft of prime office space in 3 buildings together with an adjoining land bank that can yield a further 2.75m sq. ft of mixed use properties. Located in the centre of Jakarta's CBD on Jl Sudirman, this investment positions the Group to benefit from the future growth of Jakarta's Central Business District.

For further information, please contact:

Robert Garman
Executive Director
Tel:+65 6238 1121
Fax:+65 6238 1131
Email: robgarman@hkland.com