Industry Properties Website www.hwpg.com Founded 1971 | ||
Type Privately owned company Parent organizations Hutchison Whampoa, Hutchison International Limited | ||
Hutchison Whampoa Property Limited (HWP) (Chinese: 和記黃埔地產有限公司) was the property development and investment arm of Hutchison Whampoa Limited of Hong Kong. It comprises the property interests of Hong Kong & Whampoa Dock Company Limited (HWD), Hutchison Properties Limited (HPL) and Cavendish International Holdings Limited (CIHL).
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In 2015, the company was spun-out of Cheung Kong Holdings to form part of Cheung Kong Property Holdings.
History
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.