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Majority-owned by PCCW Limited ("PCCW"), Pacific Century Premium Developments Limited ("PCPD" or the "Group", SEHK: 00432) is principally engaged in the development and management of premium property and infrastructure projects, as well as investment in premium-grade buildings in the Asia-Pacific region.

 
PCPD holds the development rights for the Cyberport project, which is owned by the Government of the Hong Kong Special Administrative Region and includes the prestigious Bel-Air residential development.

Widely recognised as a trendsetter in innovative lifestyle concepts and exceptional new standards in prestigious residential accommodation, Bel-Air and its sales track record offer testimony to the solid skills and commitment that form the foundation on which PCPD is built. PCPD will continue to draw on Bel-Air's strength in the market to differentiate what has become a powerful brand.
     
Apart from the signature Bel-Air residential development, PCPD holds the first right of refusal to join with PCCW to redevelop PCCW-owned telephone exchange buildings into residential and / or commercial properties. As part of the ongoing exploration of development potential in other parts of Asia Pacific, PCPD has drawn up long-term plans to develop world-class all-season luxury resorts at Hanazono, Hokkaido in Japan and Phang-nga in Southern Thailand.

In 2013, the Group increased its presence in Asia by acquiring a site located in Sudirman CBD, a prime business district in Jakarta, Indonesia, where it plans to develop a major office building for investment purposes.
 
Meanwhile, PCPD also provides property and asset management services for various kinds of premises by drawing on its considerable experience and expertise.

Looking ahead, PCPD is committed to harnessing the power of the Bel-Air brand to capitalise on more market opportunities, while continuing the worldwide pursuit of investment opportunities that show significant growth potential.