Henderson Land’s profit halves due to poor performance in Hong Kong’s real estate and retail markets
Developer from Hong Kong Henderson LandProfit almost halved in the first half of the year as weak performance in the office real estate segment continued to weigh on office rents amid high interest rates, geopolitical tensions and a changing retail landscape, the company’s chief executives said. Profit fell 47 percent year-on-year to HK$3.17 billion (US$407 […]
