Hongkong Land's Landmark Central lifts luxury tenant sales 11% as its $1bn renewal advances
Hongkong Land said tenant sales at its Landmark Central luxury district rose 11% year to date in the first half of 2026, led by watches and jewellery, even as roughly 40% of the complex's retail space stayed under renovation for its US$1 billion Tomorrow's CENTRAL transformation — an early sign the group's bet on new flagships can outrun the disruption of building them.
Hongkong Land Holdings Limited reported underlying profit of US$259 million for the first half of 2026, up 11% year on year, with earnings per share up 14% to US¢12.07, according to half-year results the group published on 28 July. Net asset value per share rose 3% from the end of 2025 to US$14.71, and the group raised its interim dividend to US¢8.00 a share.