review of operations – business in mainland china … · review of operations – business in...

AnshanshiJustice Bureau

Anshan Laoganbu University

Anshan Gateball FieldAnshanYufo Court

AnshanInternational Hotel

HuaixiangRoad

Yuan

lin R

oad

Anshan

Project in Yingchengzi, Anshan (artist’s impression)

Huihuayuan

CuijiatunVillage

GaoguanlingVillage

GaoguanlingElementarySchool

Anxia Line

Kuanggong Road

Gui

hua

Roa

d

Cui

jia W

est R

oad

Cuijia North Road

Yingcui Road

HunanStreet

Ying

chen

gR

oad

Anshan

Old Stadium Site, Anshan (artist’s impression)

HendersonLandDevelopmentCompanyLimitedAnnualReport201166

ReviewofOperations–BusinessinMainlandChinaandMacau

ProgressofMajorDevelopmentProjects

Adjacent to the scenic Yufoshan municipal park, an old stadium site ofapproximately 600,000 square feet in the city centrewill be developed inphases into a high-end residential communitywith a total gross floor areaofapproximately3,700,000squarefeet.Constructionofthefirst1,200,000squarefeetofresidencesplus60,000squarefeetofclubhouseandcommercialareaisnowunderwayandscheduledforcompletioninthefourthquarterof2013.

IntheQianshanDistrict,alandlotofapproximately5,500,000squarefeetwillbedevelopedinphasesintoalargescaleresidentialcommunitywithatotaldevelopablegrossfloorareaofabout14,000,000squarefeet.Siteformationisinprogress.

AnshanOld Stadium Site (100% owned by the Group)

Project in Yingchengzi (100% owned by the Group)

The Arch of Triumph, Changsha (artist’s impression)

XingshaTown Changsha National

Economic-TechnologicalDevelopment Area

Songya Lake

Wangxian Road

Yanghu Road

KaiyuanEast Road

Eas

t Thi

rd L

ine

Eas

t Fou

rth

Line

Eas

t Fir

st L

ine

Eas

t Sec

ond

Line

Changsha

Chengdu ICC, Chengdu (artist’s impression)

Chengdu Hotel

Shengli Cinema

TazishanPark

Wangjianglou Park

Lijieren FormerResidence

Shuangqing RoadShuanggui Road

Dongda RoadYidu Ave

Jingjusi Road

Jinhua Road

2nd

Ring

Roa

d

Guyap

o Roa

d

Chengdu

ReviewofOperations–BusinessinMainlandChinaandMacau•ProgressofMajorDevelopmentProjects

HendersonLandDevelopmentCompanyLimitedAnnualReport2011 67

Chengdu ICC is in a prime area ofDongdajie commercial and financialdistrict near the second ring road and River Shahe,with a panoramic viewofTazishanPark.Itwillbeconnectedtoametrostationlinkingthecurrentlyunder-constructionLineNo.2andtheproposedLineNo.8,andwillbejusttwostopsfromtheChengduEastrailstation offering easy access to other

partsofthecountry. Thisprojectwillhaveover13,000,000squarefeetofgrossfloorarea,includingtwodistinctive280-metretowersregardedasthe“TianfuGateway”.ThedevelopmentwillincludeGrade-Aoffices,amodernshoppingmall,afive-starhotel,anobservationdeckandluxuryresidences.Construction of the first ten residential towerswith 1,600,000 square feetofgrossfloorareahasalreadycommencedandthefirstphaseofthedeluxe“Sirius”residencewillbelaunchedtothemarketshortly.

TheArchofTriumphisacommunitydevelopmentwithover7,750,000squarefeetofpremiumresidentialunitsbeingbuiltinthreephasesandits33-storeyArcdeTriomphe-stylebuildingisalandmarkconstructioninthisnewtownofXingsha.Phase1Aofabout620,000squarefeetofresidenceswascompletedinJune2010,whilstanother640,000squarefeetofresidentialspaceplus30,000squarefeetofclubhouseandcommercialareainPhase1Bwerealsofinishedattheendof2011.Bothphaseswerehighlysoughtafterbyhome-buyersandover94%oftheresidentialspacehasbeensold.Constructionofanother1,610,000squarefeetofresidencesbeganinJuly2011andtheywillbereleasedinbatchestothemarketinMay2012.

Changsha The Arch of Triumph (99% owned by the Group)

Chengdu Chengdu ICC (30% owned by the Group)

Grand Waterfront, Chongqing (artist’s impression)

Yangtze River

Jiulong Port

EgongyanBridge

Nanbin Road

Haixia Road

Dashi R

oad

Danhui R

oad

Chongqing

Villa Green, Chongqing (artist’s impression)

Jin Shi Tan project, Dalian (artist’s impression)

Dalian Golden Pebble Beach Hospital

Jinshiyuan

Haibin Road

Nan

hu S

tree

t

Zhongxin Street

Guans

hi R

oad

Yinta

n Road

Dalian

Jade Park

Chongqing High TechDevelopment Zone

Jade Park

Chongqing High TechDevelopment Zone

Panlong Avenue

Chuangxin Road

Ying

Bin

Ave

nue

Ying

Bin

Ave

nue

Kecheng RoadChengyu E

xpressw

ay

Chongqing



Located on a site next to the Chengdu-Chongqing Expressway with many scenicattractionssuchasCaiyunLakeandJadeParkin the proximity, this 2,800,000-square-footdevelopmentisplannedtocompriseresidentialapartments, clubhouse, kindergarten andshopping facilities, providing homes forover 2,000 families. The entire project willbe completed in three phases and Phase 1development, including 306 residential units

withatotalgrossfloorareaofabout500,000squarefeet,wasalreadycompletedinNovember2011andcumulativelynearly50%ofithasbeensoldsinceitslaunchinlate2010.

ChongqingGrand Waterfront (100% owned by the Group)

DalianJin Shi Tan project (100% owned by the Group)

Villa Green (100% owned by the Group)

In Jin ShiTan, a land lot of about 3,200,000squarefeetistobedevelopedintoalow-densityluxury residentialproject, complementedbyaresident clubhouse and commercial facilities,providinganaggregategrossfloorareaofabout1,600,000 square feet for 400 houses. Sitepreliminaryworksareinprogressandthefirstbatchof182housesisexpectedtobelaunchedin2013.

AdjacenttoamunicipalparkintheNan’anDistrict, Grand Waterfront will be aluxuryriversideresidentialdevelopment,complemented by a commercial area, akindergartenandclubhousefacilities.Theuniquely-designed,rhythmicgroupingofits 23 apartment towers will offer mostofits3,050residentialunitsanexpansivesouthernviewoftheYangtzeRiver.Thewholeproject,withatotalgrossfloorarea

ofapproximately3,700,000squarefeet,willbecompletedinfourphases.Phase1ofabout1,000,000squarefeetfeaturingabout892apartmentsisnowunderconstructionandplannedforcompletioninthesecondquarterof2012.ThefirstbatchwaslaunchedforsaleinOctober2011.

Xueze Road Station

Xianlin Centre Station

Nanjing NormalUniversity

Nanjing FinancialUniversity

Golden EagleShoppingCentre

School Supply Supermarket(Shop@Nanjing Polytechnic College)

Xuelin Road

312 S

tate

Hig

hway

Wenyuan Road

Wenlan Road

Nanjing

Emerald Valley, Nanjing (artist’s impression)

Treasure Garden, Nanjing (artist’s impression)

Xidian

Liaoning Universityof TraditionalChinese Medicine

Xiao Yao Wan

Liaohe East Road

Jinshi Road

Dalian

Nanjing RailwayStation

Maigaoqiao MetroStation

Hongshan ZooMetro Station

Hon

gsha

n R

oad

Heyan Road

Nanjing



LocatedatthedowntownareaofQixiaDistrict,TreasureGardencontains605luxuryresidenceswith a total gross floor area of approximately900,000 square feet. WithMaigaoqiaometrostation nearby, this residential project alsoenjoys plenty of lifestyle and daily amenitiessuchashealthcare,culturalandsportsfacilitiesin its vicinity. Construction is progressingsmoothly. It is scheduled for single-phasedcompletionbythethirdquarterof2013andsalelaunchisexpectedtobeheldinthethirdquarterof2012.

Nanjing Treasure Garden (90.1% owned by the Group)

Xiao Yao Wan Composite Development (formerly known as Wolong Bay Composite Development) (100% owned by the Group)

Emerald Valley (100% owned by the Group)

Designed by world-renowned Aedas Limited, this composite commercial and residentialdevelopment projectwill have over 8,700,000 square feet of grossfloor area. Site preliminaryworkshadcommenced.

Emerald Valley is a high-endresidential project set in a leafyparksidelocationintheuniversitytownofXianlinNewDistrict.Thedevelopmentiscomplementedbyconvenient facilities including anursery,culturalamenitiesandacommunity centre and enjoys awidearrayofotherfacilitiesandtransportation convenience with

theopeningofanewmetrosystem.Theentireprojectisplannedtobecompleted in threephases,providinganaggregategrossfloorareaofabout1,600,000squarefeetofgrossfloorareaforover1,000families.About 450,000 square feet of residential premises inPhase 1will becompletedinthefirstquarterof2013,andthefirstbatchofpre-saleunitswaslaunchedinlate2011.

Centro

Tianmu Road West

ZhabeiDistrict

Suzh

ou C

reek

Shanghai Railway Station

Heng Feng Road

Metro Line 1

Shanghai

Nanjing RoadWest Station

People’s SquareStation

People’sGarden

People’sSquare

Nanjing Road West

Nor

th C

heng

du R

oad

Metro Line 2

Yan’an Elevated Road

Beijing Road West

Feng Yang Road

Shanghai

Lot 688, Nanjing Road West, Jingan District, Shanghai (artist’s impression)

Greentech Tower, 147 Tianmu Road West, Zhabei District, Shanghai (artist’s impression)



The project at Lot 688 Nanjing RoadWest, which provides a total gross floorarea of approximately 700,000 square feetcomprisinga22-storeyoffice towerplusa2-level retail podium, is set to be anotherlandmark in Jingan District due to itsinnovative, quartz-like façade designed byinternationallyrenownedJapanesearchitectTange Associates. Construction is nowunder way and it will be held for leasinguponcompletioninthethirdquarterof2013.

ShanghaiGreentech Tower, 147 Tianmu Road West, Zhabei District (100% owned by the Group)

Lot 688, Nanjing Road West, Jingan District (100% owned by the Group)

Greentech Tower, as its name denotes,underlines the Group’s long-standingcommitment to building green and hi-techdevelopments. Comprising 22 storeys ofenergy-efficient Grade-A offices and 3levels of retail podium, Greentech Towerwas newly completed in January 2012,adding400,000squarefeetofqualityspaceto the Group’s mainland rental portfolio.With convenient access to ShanghaiRailway Station and Metro Line No. 1,GreentechTowerhasbeenwell-receivedbydomesticand foreigncompaniesduring itspre-leasing.

Shenyang International Finance Centre, Shenyang (artist’s impression)

Yueya Lake

NangouReservoir

Pu River

Shenbei Road

Shenyang

Golden Riverside, Shenyang (artist’s impression)

JinrongzhongxinStation

Haerbin Road

Bei

jing

Stre

et

Existing Railway Line

Met

ro L

ine

Tian Hou Gong Road

Shenyang



LocatedinthescenicPuheNewDistrictDevelopmentwithmanybeautifulnaturallandmarkssuchasYueyaLake,PuRiver,parksandhillswithinthevicinity,thesitewillbedevelopedinphasesintoalow-riseandlow-densityresidentialdevelopmentwithatotalgrossfloorareaofabout11,500,000squarefeet.Itsfirstphaseofdevelopment,withatotalgrossfloorareaofabout290,000squarefeet,isdueforcompletioninthefourthquarterof2012andits68villaswillbelaunchedforpre-salein2012.Constructionofitssecondphaseofdevelopment,comprising316villasandmulti-storeyapartmentswithatotalgrossfloorareaofaround1,270,000squarefeet,isalsounderwaywiththeplannedcompletioninthefourthquarterof2013.

Shenyang Shenyang International Finance Centre (100% owned by the Group)

Golden Riverside (100% owned by the Group)

Shenyang International FinanceCentreislocatedintheShenyangFinance and Trade DevelopmentZone. To the northwest is theShenyangNorthRailwayStation,whilstametrostationisalsowithinwalking distance, bringing addedconvenience to thisproject. Thisproject will comprise servicedapartmentbuildings,asuitehotel,an office tower and a shoppingmall,providingatotalgrossfloorareaof5,700,000squarefeet.

TianshuiRiverTieling Municipal

Government

Tieling HigherPeople’s Court

Tieling No. 1 High School

Jinshajiang Road

Lancangjiang Road

Changjiang Road

Jialingjiang Road

Tais

han

Roa

d

Song

shan

Roa

d

Hen

gsha

n R

oad

Tieling

Tiger Hill Scenic Zone

Yua

n H

e T

an

Shanghai-Nanjing Expressway

Ren

min

Roa

d

Sujia

hang

Exp

ress

way

Yangcheng Lake Road West

Chunshen Lake Road West

Suzhou

Riverside Park, Suzhou (artist’s impression)

New Town Central District Development, Tieling (artist’s impression)



SuzhouRiverside Park (100% owned by the Group)

TielingNew Town Central District Development (100% owned by the Group)

Located next to the administration centre of the municipalgovernmentwiththescenicYuyiLakeintheproximity,alandlotofapproximately2,750,000squarefeetwillbedevelopedintoanexhibition centre, as well as office-cum-commercial complexeswith a total grossfloor area of approximately 4,900,000 squarefeet. Construction will commence soon and the first phase ofabout 900,000 square feet is expected to be completed in thesecondquarterof2014.

Riverside Park, a community developmentproject in Xiangcheng District, is supportedbyincreasinglyimprovedfacilities.Benefitingfrom Suzhou’s picturesque beauty andreputation as the “Venice of the East”, itsresidentialdevelopmentnestlesamongscenicwater-themed surroundings. The entireresidential project will have over 6,800,000squarefeetofgrossfloorareatobecompletedinfivephases. Phase 1 of about 600 luxury

residenceswith a total gross floor area of about 700,000 square feet is now underconstructionwiththeplannedcompletioninthefirstquarterof2012.Duringtheyearunder review, thefirstbatchof352 residentialunits already launchedwasvirtuallysold out. Following the groundbreaking in December 2010, construction of itscomprehensive commercial facilities commenced and upon completion 252-metertwintowersandtwo62-storeyofficetowerswillbebuilt,supportedbyshoppingarea,exhibitionsandmulti-purposeconventioncentres,providinganaggregatecommercialgrossfloorareaofover10,000,000squarefeet.

Lotus Lake

WetlandFengguanMountain

HeilongjiangRoad

SonghuajiangRoad

Zhon

gsha

n N

orth

Roa

d

Hua

ngsh

an R

oad

Tais

han

Roa

d

Lush

an R

oad

Song

shan

Roa

d

Tieling

La Botanica, Xian (artist’s impression)

Chan River

Xi’an PolytechnicUniversity

Xi’an Universityof Technology

Daming GongRelic Park

SubwayLine 1

(UnderConstruction)

ChangleRoad East

NorthRing Road

Third

Rin

g Ro

ad E

ast

Xinba Road

Seco

nd R

ing

R

oad

East

Huaqing Road

East

Ring

Roa

d

XilinExpressway

Subway Line 3(Under Construction)

Jinhua RoadStation

Hujia TempleStation

ChanheStation

Xian

Lotus Lakeside, Tieling (artist’s impression)



Xian La Botanica (50% owned by the Group)

Lotus Lakeside (100% owned by the Group)

Adjacent to the scenic Lotus Lake, a landparcelofapproximately9,500,000 square feetwill be developedinto a low-densityresidential communitywith luxury villasand comprehensivefacilities, providing a

totalgrossfloorareaofapproximately3,800,000squarefeet.Constructionwillcommencesoonandthefirstphaseofabout670,000 square feet is expected tobe completed in the thirdquarterof2015,providing126houses.

JointlydevelopedbytheGroupandTemasekHoldings(Private)LimitedofSingapore,LaBotanicaislocatedwithinthescenicChanBaEcologicalDistrictwithasubwaylineunderconstructionconnectingittothecitycentre.Thiscommunitydevelopmentwillhaveatotalgrossfloorareaofabout33,000,000squarefeet,providinghomesforupto25,000familiesuponfullcompletion.Phase1A,whichcomprises16lowtomidriseblockswithtotalgrossfloorareaofabout1,200,000squarefeet,wascompletedinMarch2011withits981unitsbeingsoldout.Phase2Anamed“Salamanca”,whichconsistsof432unitsincludingterracedhouseswithatotalgrossfloorareaofabout930,000squarefeet,isdueforcompletioninthefirstquarterof2012andcumulatively,over160unitshavebeensoldsinceitslaunchinthefourthquarterof2010.“LuWan”,Phase1Bofthisdevelopmentwithatotalgrossfloorareaofabout2,000,000squarefeet,waslaunchedforpre-saleinthefourthquarterof2010and1,445unitshavebeensnappedupwiththescheduledcompletioninthesecondhalfof2012.Phase3Aconsistingof3,560,000squarefeetofresidencesisalsounderconstructionandtheyareexpectedtobecompletedinthefirstquarterof2014.Pre-salewaslaunchedinOctober2011andabout20%ofits3,767apartmentshasbeensold.

NewTown

To Airport

Dalong Lake

MunicipalGovernment

Lishui Road

National Highway 104

Xiaoxiang Road

Lianhuo Expressway

Xuzhou

Jinhua RoadStation

Huaqing Road

Seco

nd R

ing

Roa

d Ea

stJi

nhua

N

orth

Roa

d

Hujia TempleStation

Changying Road

Changle ParkXi’an PolytechnicUniversity

Xi’an University of Technology

Subway Line 1

(UnderConstruction)

Subway Line 3(Under Construction)

Don

gzha

nRo

ad

Xian

Palatial Crest, Xian (artist’s impression)

Xuzhou Lakeview Development, Xuzhou (artist’s impression)



Xuzhou Xuzhou Lakeview Development (100% owned by the Group)

Palatial Crest (100% owned by the Group)

Adjacent to the Hujiamiaosubway station, which is nowunder construction, PalatialCrest is conveniently located atJinHuaNorthRoadonthemainartery of Second Ring RoadEast. The entire project willbe completed in three phases,offeringa total residentialgrossfloor area of over 3,400,000

square feet for3,000 families. Thisprojecthasbeenamarket focussince its launch in the fourth quarter of 2010 and the first phase ofabout 530,000 square feetwas virtually sold out and it is scheduledforcompletioninthesecondquarterof2012.Constructionofanother2,160,000squarefeetofdeluxehigh-riseresidentialunitsinphasetwocommencedinthefirstquarterof2012andtheywillbereleasedtothemarketinthethirdquarterof2012.

Catering tomid to high-end homebuyers,XuzhouLakeviewDevelopment benefits from the beautiful natural landscape ofDalongLake,convenienttransportationandacomprehensiverangeoffacilities.Theproject,whichincludesluxurydetachedhouses,high-riseapartments,commercialpremisesandotherfacilities,willbecompletedinfourphases,providingatotalresidentialareaofapproximately4,500,000squarefeetforover3,600families.Phase1Aofnearly700,000squarefeetin402residencesisnowunderconstructionwithplannedcompletioninthefourthquarterof2012.365unitsintheinitialbatchhavebeensnappedupamidanoverwhelmingmarketresponsewithrecordpricesachievedsincetheirlaunchinthefourthquarterof2011.Constructionofanother1,800,000squarefeetfor1,290premiumresidencesisnowunderwaywithplannedcompletioninthesecondhalfof2013.

Dongjiu Lake

Daxi River

Yixing Shidong Yu Elementary School

Don

gjiu

Ave

nue

Yangxian East Road

Yangquan East Road

Xiangtou East Road

Jing

yi St

reet

Yixing

Temple ofPrince Zhou

Yixing Hotel

Yixing Grand Hotel

SportsCentre

South RiverJiaoyu Xilu Ji

ngxi

Zho

nglu

Tucheng Lu

Renm

in N

anlu

Yixing

Island Palace, Yixing (artist’s impression)

Grand Lakeview, Yixing (artist’s impression)



Setamongst lush, tranquilsurroundingsinDongjiuDistrict,GrandLakeviewis justa5-minutedriveawayfromthecitycentre.Tobecompletedin11phases,thislakefrontdevelopmentoffersluxurylivinginamixofsemi-detachedandduplexhouses,multi-storeyandlow-riseapartments,providinganaggregategrossfloorareaofabout9,000,000square feet forover6,800 families.Construction is underway and Phases 1A, 1B and 1C totalling about 1,800,000 square feet ofresidenceswillbelaunchedforpre-saleinthesecondquarterof2012withthescheduledcompletioninthethirdquarterof2013.

Yixing Island Palace (100% owned by the Group)

Grand Lakeview (100% owned by the Group)

In a serene location onan island close to thebustling Yicheng towncentre, a site of about400,000 square feet isbeing developed intoa luxury residentialcommunity and upon itssingle-phasedcompletionbytheendof2013,there

willbevillas,duplexesandhigh-riseapartmentsandaresidents’clubhouse,providinga totalgrossfloorareaof about700,000squarefeetfor306households.Itwillmakeitsfirstforayintothemarketinthefourthquarterof2012.

review of operations – business in mainland china … · review of operations – business in...

Documents