Hongkong Land (HKL) is a property investment, management and development group with commercial and residential property interests across Asia. It owns and manages some 850,000 sq. m. of office and retail property in Asia, principally in Hong Kong and Singapore. It's Hong Kong portfolio represents some 450,000 sq. m. of commercial property, making it the single largest landlord in Central, Hong Kong. In Singapore it has 165,000 sq. m. of office space mainly held through joint ventures. While its subsidiary MCL Land is a residential developer. Hongkong Land also has a 50 per cent interest in World Trade Center Jakarta, an office complex in Central Jakarta that it shares with the Murdaya family (owner of Pondok Indah)'s Central Cipta Murdaya Group and a number of residential and mixed-use projects under development in cities across Greater China and Southeast Asia - including WF CENTRAL, a luxury retail centre in Wangfujing, Beijing. Hongkong Land was founded in 1889. Hongkong Land Holdings Ltd is incorporated in Bermuda. It has a standard listing on the London Stock Exchange as its primary listing and secondary listings in Bermuda and Singapore. The Group's assets and investments are managed from Hong Kong by Hongkong Land Limited. Hongkong Land is 50 per cent owned by Jardine Matheson Holdings. Today Presence in Hong Kong Hongkong Land is the single largest landlord in Central, Hong Kong. In recent decades, the company focused on upgrading its commercial buildings in Central. In 2003, the redevelopment of Swire House into the new Chater House was completed. Major renovations have since been carried out in the Prince's Building. The Landmark has also been redeveloped, with the Landmark Mandarin Oriental Hotel and York House added. Hongkong Land has also redeveloped The Forum, the retail block at Exchange Square, into a 5-story office block, which is wholly leased to Standard Chartered Bank. In early 2012, a new brand "LANDMARK" was launched covering the company's four most famous shopping destinations The Landmark, Alexandra House, Chater House and Prince's Building, which are linked by pedestrian bridges, part of the Central Elevated Walkway. It was accompanied by a new logo "L", representing LANDMARK and luxury retail. The company has also developed three luxury residential buildings on Hong Kong Island in recent years, namely Serenade, The Sail at Victoria and Ivy on Belcher's. In October 2006, Hongkong Land hosted the CENTRAL Rat Race for the first time in the heart