About Us Business Milestones

Business Milestones

1971

1984

1996

1997

1999

2001

2002

2003

2004

2005

2006

2007

2008

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

1971

  • Founded by Vincent Lo, Shui On Construction Limited began real estate and construction business in Hong Kong

1984

  • Shui On China Co., Ltd. was established for operations in the Chinese Mainland

1996

  • April Shui On Group acquired the development rights for Rui Hong Xin Cheng (Rainbow City) in Hong Kou District, Shanghai
  • December Shui On Group signed the Letter of Intent with Luwan District Government to acquire the development rights for the Taipingqiao Redevelopment Project; first phase of the project was Shanghai Xintiandi

1997

  • Janurary Shanghai Shui On Plaza completed
  • June Shui On Group received approval from the Shanghai Municipal Government on the redevelopment plan of Taipingqiao Area at Luwan District

1999

  • Februry Construction of Shanghai Xintiandi commenced

2001

  • June Construction of Shanghai Xintiandi North Block and Taipingqiao Lake and Park completed

2002

  • September Shanghai Xintiandi officially opened

2003

  • August Agreement signed with the Chongqing Yuzhong District Government for the Hualongqiao Redevelopment Project, Chongqing Tiandi

2004

  • Februry Shui On Group officially established Shui On Land Ltd (Shui On Land) as its flagship property development company to consolidate and accelerate the group’s prime developments in Mainland China
  • March Agreement signed with Shanghai Yangpu University City Investment and Development Ltd to jointly develop Yangpu University City's central area, named Knowledge and Innovation Community (KIC)

2005

  • April Acquired the 61.2-hectare Yongqing Area in Wuhan for redevelopment, named Wuhan Tiandi
  • October Construction of Chongqing Tiandi commenced

2006

  • March Construction of Wuhan Tiandi commenced
  • October Shui On Land was listed on the Main Board of the Stock Exchange of Hong Kong under stock code 0272 on October 4, the largest Chinese real estate enterprise listing that year, raising HK$6.8 billion

2007

  • May Shui On Land and Shui On Construction and Materials participated in jointly developing Dalian Software Park Phase 2-Dalian Tiandi
  • September Construction of Dalian Tiandi commenced
  • November Shui On Land acquired the land development rights for Foshan Lingnan Tiandi

2008

  • March Dalian Tiandi acquired development rights of two land parcels in Huangnichuan Plate, Long Wang Tang Town, Lvshunkou District
  • October Construction of Foshan Lingnan Tiandi commenced

2010

  • March Acquisition of Land in Wujiaochang, Yangpu District, Shanghai in Relation to the KIC Project
  • August Official Launch of Shui On Club
  • September Acquisition of Land in Hongqiao District for the development of THE HUB

2011

  • June Construction of THE HUB commenced

2012

  • May Shui On Land held its first Sustainable Development Forum 2012 at Foshan Lingnan Tiandi

2013

  • March China Xintiandi Ltd, a wholly-owned subsidiary of Shui On Land Ltd has begun operation
  • October Shui On Land held its Second Sustainable Development Forum 2013 at Wuhan Tiandi
  • October Shui On Land and China Xintiandi Partner with Brookfield on Commercial Property Investment and Cooperation

2014

  • January Shui On Land Reorganises Senior Management Structure
  • August Shui On Land acquired construction and maintenance businesses in China to extend integrated value chain
  • October Shui On Land held its Third Sustainable Development Forum 2014 at KIC
  • November Shui On Land formed a JV with middle east institutional investor to capture new knowledge community opportunities in China

2015

  • July Shui On Land entered into an agreement to divest 1 and 2 Corporate Avenue in Shanghai at a property value of RMB6,601 million
  • December Shui On Land entered into an agreement to divest 3 Corporate Avenue in Shanghai at a property value of RMB5.7 billion
  • December Official Launch of THE HUB

2016

  • April Shui On Land divested a residential land parcel within Foshan Lingnan Tiandi to expedite the development of the community
  • May Shui On Land entered into an agreement to divest two commercial properties at Wuhan Tiandi at a property value of RMB4.5 billion to realise the value of its asset portfolio

2017

  • January Hua Xia Rising (Hong Kong) Limited, a joint venture company owned as to 50% by Shui On Land, made a successful bid for a land in the central area of Optics Valley City in Wuhan
  • May Shui On Land entered in to an agreement to to sell 79.2% economic interests in a bundle of assets of Chongqing Tiandi
  • August Shui On Land set up a joint venture company to acquire Lot 167 at Rui Hong Xin Cheng
  • September Shui On Land entered into an agreement to monetise 49% of its interests in Shanghai
  • November Shui On Land signed an agreement to sell its interests in Dalian Tiandi
  • December Shui On Land was granted rights to take on the overall planning/renovation, management and operations of two projects in Nanjing
  • December Shui On Land entered into an agreement to sell 49.5% effective interest in a portfolio of commercial properties in Shanghai Rui Hong Xin Cheng
  • December Shui On Land entered into a Letter of Intent with China Life to strategically cooperate and jointly invest in real estate projects in China
  • December Shui On Land acquired two office buildings at New Jiangwan City, Yangpu District, Shanghai

2018

  • March Wuhan Optics Valley Innovation Tiandi was launched
  • July The Group succeeded in bidding jointly with China Pacific Life Insurance Co., Ltd. and Shanghai Yongye Enterprise (Group) Co., Ltd. for the development rights of three land lots (Lots 123, 124, 132) in Huangpu District in Shanghai to develop a world-class commercial and office complex, as part of a project integrating commercial, office and residential developments with the Group’s existing properties in the Taipingqiao Project.
  • December The Shui On Land Core-Plus Office Venture (“SCOV”), a real estate investment platform is founded by Shui On Land Limited, Manulife Investors, and China Life Trustees Limited

2019

  • March The acquisition of Brookfield’s interest in China Xintiandi Holding (“CXTD”) is completed and now CXTD is a wholly-owned subsidiary of the Group
  • June The Shui On Land Core-Plus Office Venture (“SCOV”) which is managed by Shui On Land completes its first acquisition - 5 Corporate Avenue (“CA5”), a premier Grade-A office complex located in the Xintiandi area in Shanghai
  • October Wins Panlong urban village redevelopment project in Qingpu district, adds to significant Shanghai landbank
  • November Wins HongShouFang urban regeneration project in Changshou comminity, Putuo district, Shanghai, builds mixed-use commercial project in inner ring area
  • November Issues USD300 million inaugural Green Bond, which further solidifies the Company’s commitment towards building dynamic communities that integrate the sustainable development philosophy of green and health into various stages of strategic planning, product development and daily operation and management

2020

  • January Donates 10 million RMB to help Wuhan fight the epidemic and announces rent relief for its commercial tenants
  • May Wins residential land bids at Panlong Tiandi, which strengthens the Company's residential pipeline in Shanghai
  • May Wins last two land parcels at Panlong Tiandi to create a new social and cultural destination in West Shanghai
  • August Groundbreaking of Shanghai Hong Shou Fang
  • September The roof sealing of Hall of the Sun in Shanghai Ruihong Tiandi is completed
  • November Issues a further USD200 million of Green Bonds, adding to the USD300 million inaugural issue and taking the total outstanding to USD500 million

2021

  • Februry Successfully acquiers a mixed-use Grade-A landmark property in Nanjing with Grosvenor on a 50/50 basis
  • June Iusses USD400 million Inaugural Sustainability-Linked Bonds