Kerry Properties Limited Overview
Pro stress-test →Kerry Properties Limited is an investment holding company that engages in the development, investment, management, and trading of properties in Hong Kong, Mainland China, and the Asia Pacific region. The company also owns and operates hotels, provides logistics and international freight forwarding services, and operates warehouses, restaurants, recreation parks, and ice rinks.
Strategic Profile
Pro stress-test →Founded in 1978 and headquartered in Quarry Bay, Hong Kong, Kerry Properties operates as part of the Kuok Group. As of mid-2023, the company reported a land reserve capable of yielding over 37 million square feet of gross floor area, with strategic focus on urban areas in China, particularly in Beijing, Shanghai, and Shenzhen. Kerry Properties was selected as a Member of the S&P Global Sustainability Yearbook 2024, recognised as a corporation that excels in ESG and sustainability within the global real estate sector.
Competitive Landscape
Pro stress-test →Kerry Properties is a leading property investment and development company operating in Mainland China and Hong Kong. Key competitors in Hong Kong and China include China Vanke, Country Garden, Shimao Property, and local Hong Kong developers (Swire Properties, Cheung Kong Property). Differentiation comes through premium positioning, mixed-use developments, and diversified services portfolio.
Industry Context
Kerry Properties Limited operates in Real Estate Development & Investment.
Key facts
Founded: 1978 · Headquarters: Quarry Bay, Hong Kong · Revenue: HK$3.773B (H1 2023); HK$18.94B (2018) · Market cap: ~HK$54.3B (as of 2023)