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Pacific Century Premium Developments Limited* (“PCPD” or the “Group”, SEHK: 00432) is part of PCCW Limited (“PCCW”, SEHK: 00008).
PCPD is principally engaged in premium-grade property investment and development, hotel operation, recreation and leisure operation and property and facilities management.
PCPD completed the last phase of its signature project Residence Bel-Air, Hong Kong at the end of 2008. This has become one of the city’s most prestigious residential developments. The Group also developed ONE Pacific Heights, a prime residential project situated in the western part of Hong Kong Island as well as the top grade Pacific Century Place, Beijing.
The Group continues to explore investment opportunities around the world. In Hokkaido, Japan, the Group owns and operates the Niseko Hanazono Resort, which is one of the 4 resort areas of Niseko, offering spectacular skiing for all abilities, luxurious ski-in/ski-out accommodation, extraordinary culinary experiences and a full complement of guest services and activities. In early 2020, Park Hyatt Niseko, Hanazono commenced operation and the sale of Park Hyatt Niseko Hanazono Residences has substantially completed.
In Phang Nga, Thailand, the Group commenced sales of the first batch of villas in 2019. The Aquella Golf and Country Club has commenced operations in the second half of 2021.
The Group acquired a site located in Sudirman CBD, Jakarta, Indonesia in 2013 and developed it into a premium Grade A office building “Pacific Century Place, Jakarta”. It has become a landmark business cluster for multinational corporations and financial institutions in that area.
In 2018, the Group acquired a prime site at 3-6 Glenealy in Central, Hong Kong. The Group intends to redevelop the site into a luxury residential development.
Leveraging on its extensive experience and expertise, the Group provides property and asset management services for various kinds of premises.
* Pacific Century Premium Developments Limited is a company incorporated in Bermuda with limited liability