Over 2013 Asian Growth Properties’ net asset value rose from 106.9p to 110p as property values were revised upwards.
High occupancy at the Dah Sing Financial Centre in Hong Kong, the sale of commercial parking spaces and residential units at Forest Hills in Hong Kong and “satisfactory” hotel operations at the Crowne Plaza in Hong Kong all contributed. The company also said construction works at its 735,000 sqm site in Kaifeng, Henan Province (see artist’s impression) are underway.