PCPD
Majority-owned by PCCW, Pacific Century Premium Developments Limited ("PCPD", SEHK: 00432) is principally engaged in the development and management of premium property and infrastructure projects, as well as investment in premium-grade buildings in the Asia-Pacific region.
PCPD holds the development rights for the Cyberport project, which is owned by the Government of the Hong Kong Special Administrative Region and includes the prestigious Bel-Air residential development.
Apart from the signature Bel-Air residential development, PCPD holds the first right of refusal to join with PCCW to redevelop PCCW-owned telephone exchange buildings into residential and / or commercial properties. While it continues to explore high-end development potential in Hong Kong, PCPD also plans to pursue opportunities in the mainland China property market. As part of the ongoing exploration of development potential in other parts of Asia Pacific, PCPD has drawn up long-term plans to develop resorts at Hanazono, Hokkaido in Japan and Phang-nga in Southern Thailand. (sourced from http://www.pcpd.com)
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