SEA Holdings

What SEA Holdings does

S E A Holdings Limited is a Bermuda-incorporated, Hong Kong-headquartered real-estate development and investment company publicly listed on the Hong Kong Stock Exchange, tracing its operations to the 1950s-1960s and operating under the "Building with the Times" philosophy. The company develops, owns, and manages a diversified, geographically dispersed portfolio of premium residential, commercial, office, hotel, retail, and mixed-use properties across Hong Kong, the United Kingdom, Australia, China, New Zealand, and Canada (with prior presence in Japan and Indonesia). Distribution is direct-to-customer: sales hotlines, leasing hotlines, multilingual websites, property-specific showrooms, and on-site sales offices serve both residential and commercial transactions.

The core product set spans trophy Grade A offices (THE CENDAS in Kowloon Bay at ~500,000 sq ft; 33 Old Broad Street in the City of London at 191,165 sq ft; 20 Moorgate in Central London at ~154,854 sq ft; plus Wellington Place, Everbright Centre, Forsyth Barr House, and 65 York Street Sydney), luxury and waterfront residential (GRAND VICTORIA I/II/III in West Kowloon jointly developed with Wheelock Properties, Sino Land, and K. Wah International on a ~208,200 sq ft site with ~1 million sq ft GFA; 1 Shouson Hill Road East; Jardine's Lookout; Repulse Bay; Royal Green; The Forest Hills; The Morrison; Discovery Apartment in Vancouver), hospitality assets (Crowne Plaza Hong Kong Causeway Bay with 263 rooms; Lizard Island Resort on Australia's Great Barrier Reef with 40 beach lodges; Clearwater Resort and Jack's Point in New Zealand), and large Chinese mixed-use projects such as Nova City in Kaifeng (~3 million sq ft GFA across >1,100 acres) and Plaza Central in Chengdu. Capital allocation has been active at scale, including the 2016 divestiture of Dah Sing Financial Centre for HK$10.125 billion, the 2017 acquisition of 33 Old Broad Street for nearly HK$2.6 billion, the 2016 acquisition of the UK Prudential Regulation Authority headquarters for ~HK$1.5 billion, a 2022 record-tender Repulse Bay waterfront site for HK$1.188 billion, and a 2024 Jardine's Lookout luxury residential site.

Revenue is generated through three streams: one-time property sales of residential and commercial units, recurring rental and leasing income from offices, retail, and residential properties across the company's geographies, and hotel/resort operations. Target segments are high-net-worth individuals for premium residential, corporate and financial-sector tenants (including Bank of Scotland, Lloyds Banking Group, and the UK Prudential Regulation Authority as anchor occupiers), and business/leisure hotel guests. Marketing and investor-relations functions are conducted primarily through the corporate website, property-specific sites, and a media centre that distributes awards, acquisition, and project-milestone announcements, while leasing is handled through a direct enterprise sales team.

Name

SEA Holdings

Legal name

S E A Holdings Limited

Website

https://seagroup.com.hk

Company type

Public

Founded year

1956

Operating status

Operating

Short description

Hong Kong-headquartered real estate developer and investor, listed on the Hong Kong Stock Exchange since the 1950s-60s, operating premium residential, office, hotel, and mixed-use properties across Hong Kong, the UK, Australia, China, New Zealand, and Canada.

Ownership category

akta.pro rank

Headquarters

HQ city

Wan Chai

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Property Sales: Revenue generated from the sale of residential and commercial properties developed by the group, including luxury homes, office buildings, and mixed-use developments.
2. Property Rental and Leasing: Recurring rental income from leasing office, retail, and residential properties to corporate tenants and individuals. The company owns and manages properties across Hong Kong, UK, Australia, China, New Zealand, and Canada.
3. Hotel Operations: Revenue from hotel operations including Crowne Plaza Hong Kong Causeway Bay and Lizard Island Resort in Australia.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

SEA Holdings is a multinational real estate development and investment company that develops, owns, and manages a diversified portfolio of Grade A office, luxury residential, hotel and resort, retail, and mixed-use properties. The group operates across Hong Kong, the United Kingdom, Australia, mainland China, New Zealand, and Canada, selling residential units to buyers, leasing commercial space to corporate tenants, and running hospitality assets such as the Crowne Plaza Hong Kong Causeway Bay and Lizard Island Resort.

Product overview

SEA Holdings is a multinational real estate development and investment company with a diversified property portfolio spanning office, residential, hotel, retail, and mixed-use developments across Hong Kong, United Kingdom, Australia, China, New Zealand, and Canada. The company operates primarily through its core property assets including THE CENDAS (Grade A office in Kowloon Bay), the GRAND VICTORIA I/II/III waterfront residential complex in West Kowloon, luxury residential properties such as 1 Shouson Hill Road East, Jardine's Lookout, and Repulse Bay, hotel properties including Crowne Plaza Hong Kong Causeway Bay and Lizard Island Resort, and international office buildings including 33 Old Broad Street and 20 Moorgate in London. The portfolio also includes resort properties like Clearwater Resort and Jack's Point in New Zealand, various commercial and residential properties across Australia, China, and Canada, and mixed-use projects such as Nova City in Kaifeng, China.

Differentiator

Problem solved

Functional benefit

Products and services

• THE CENDAS Grade A office building in Kowloon Bay at the heart of the new Central Business District in Hong Kong, with approximately 500,000 square feet of total gross floor area and 470,000 square feet of office space spanning over 27,500 square feet per floor. Targeted at corporate tenants seeking premium office accommodation.
• GRAND VICTORIA I Phase 1 of the GRAND VICTORIA waterfront residential development in West Kowloon, situated on a site area of 208,200 square feet with approximately 1 million square feet gross floor area, featuring green architectural features and smart home designs. Targeted at high-net-worth individual buyers.
• GRAND VICTORIA II Phase 2 of the GRAND VICTORIA waterfront residential development in West Kowloon, jointly developed with Wheelock Properties, Sino Land, and K. Wah International. Targeted at high-net-worth buyers seeking luxury waterfront living in Hong Kong.
• GRAND VICTORIA III Phase 3 of the GRAND VICTORIA waterfront residential development in West Kowloon, completing the joint-development with Wheelock Properties, Sino Land, and K. Wah International. Targeted at high-net-worth individual buyers seeking premium waterfront residences.
• 1 Shouson Hill Road East Luxury residential development in Deep Water Bay, Hong Kong South, featuring 20 blocks of 3-storey detached houses with private gardens, rooftop, and exclusive car parking spaces, including clubhouse facilities. Targeted at ultra-high-net-worth families seeking prestigious addresses.
• Crowne Plaza Hong Kong Causeway Bay Hotel with 263 guest rooms and suites—the largest in Causeway Bay area—situated in the heart of Causeway Bay shopping district with views of Happy Valley racecourse. Operated under the IHG brand with Level Two IHG Green Engage certification. Targeted at business and leisure travelers.
• 33 Old Broad Street Nine-storey office property in the core of London's City of London, 150 metres from Liverpool Street Station, with 191,165 sq. ft. (17,760 sq. m.) of floor space. Currently leased to Lloyds Banking Group as their London headquarters, accommodating 5,000 employees. Targeted at major financial institutions and corporate tenants.
• 20 Moorgate Seven-storey Grade A office building in Central London, less than 100 metres north of the Bank of England, providing approximately 154,854 square feet (14,386 sq. m.) of office, retail and ancillary accommodation. Serves as headquarters of the UK Prudential Regulation Authority. Targeted at major financial and regulatory institutions.
• THE MORRISON Modern high-rise residential development in Wan Chai with 104 units, located behind Wanchai Road near Times Square in Causeway Bay, featuring gym and swimming pool facilities. Targeted at urban professionals and families seeking central Hong Kong residences.
• THE FOREST HILLS Fifty-two-storey residential tower in Diamond Hill, East Kowloon, with 304 units from 8th to 53rd floor, featuring shopping mall, parking, and exclusive clubhouse 'The Forest Club' from ground to 7th floor. Targeted at families and urban residents seeking integrated lifestyle amenities.
• Lizard Island Resort Australia's northern-most island resort located on the Great Barrier Reef, 240 kilometres north of Cairns, featuring 24 powdery-white beaches, over 1,000 hectares of national park, and 40 luxurious beach lodges. Targeted at luxury leisure travelers seeking exclusive island resort experiences.
• Clearwater Resort Waterfront resort in Christchurch, New Zealand, 8 minutes' drive from Christchurch Airport, featuring an 18-hole championship golf course home to NZ PGA, accommodation options including guest rooms, suites and villas with kitchen facilities. Targeted at leisure travelers, golfers, and event attendees.
• Jack's Point 1,200-hectare settlement near Queenstown, New Zealand, on shores of Lake Wakatipu at the foot of the Remarkables mountain range, featuring over 1,300 residential homes, lakeside village, and a championship golf course ranked number two in New Zealand. Targeted at lifestyle residential buyers and golf/leisure enthusiasts.
• Air New Zealand Building Six-storey building in Auckland, New Zealand, with panoramic harbour and Victoria Park views, split into two buildings with total area of 13,439 sqm. Targeted at corporate tenants seeking premium Auckland office space.
• Forsyth Barr House A-grade office building in Christchurch, New Zealand, located on the south-east corner of Armagh and Colombo Streets intersection. Targeted at corporate tenants seeking premium Christchurch office space.
• Everbright Centre Grade A office building on Gloucester Road in Wan Chai, Hong Kong, with total area of 350,000 square feet and 10,000 square feet office plates, in close proximity to the Hong Kong Convention and Exhibition Centre. Serves as the group's headquarters. Targeted at corporate tenants.
• Plaza Central 38-storey twin-towered property in Chengdu's Central Business District of Yanshikou, with total gross floor area of 91,455 square meters, featuring shopping mall, office towers, and 225 car parking spaces. Targeted at commercial tenants and shoppers.
• Nova City Mixed-use project in Kaifeng, Henan Province, China, with site area exceeding 1,100 acres and total gross floor area of approximately 3 million square meters, featuring international centre, five-star hotel, and commercial centres. Targeted at residents, hotel guests, and commercial tenants.
• Royal Green Residential complex in Sheung Shui at 18 Ching Hiu Road, consisting of three modern buildings providing 922 units ranging from 500 to 940 square feet. Targeted at families and commuters seeking North District Hong Kong residences.
• Wellington Place Commercial building at the corner of Wellington Street and Wyndham Street in Central, Hong Kong, featuring contemporary LED on exterior walls, housing upscale clubs, restaurants and beauty brands since 2007. Targeted at premium F&B and retail tenants in Hong Kong's CBD.
• Jardine's Lookout Luxury residential project above Happy Valley, Hong Kong Island, overlooking Victoria Harbour, featuring expansive detached properties in a prestigious residential neighborhood. Acquired as a prime site in 2024. Targeted at ultra-high-net-worth families.
• Repulse Bay Luxury residential development in traditional Repulse Bay area with panoramic views of Repulse Bay, acquired for HK$1.188 billion in 2022 setting a record for land sold through government tender. Targeted at ultra-high-net-worth buyers.
• Discovery Apartment Waterfront apartment in Vancouver at 1105-1500 Howe Street, on the seawall and across from Granville Island Market, featuring SW corner unit with views of False Creek and Marina. Targeted at international luxury residential buyers.
• 65 York Street Premium corner office in classic art-deco building in Sydney CBD's Western Corridor, 150m walk from Martin Place. Targeted at corporate tenants seeking premium Sydney office space.
• Westmin Plaza 18-storey building in Guangzhou's Yuexiu District CBD, near Ximenkou subway station, with office space from 3rd to 18th floor, 1,800 sqm per floor. Targeted at corporate tenants in Guangzhou's central business district.

Quantifiable outcome

• GRAND VICTORIA waterfront development with site area of 208,200 square feet and total gross floor area of approximately 1 million square feet
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Wheelock Properties LimitedcoreStrategic or Co-development PartnerJoint-development partner for GRAND VICTORIA project - a premium waterfront residential development in West Kowloon. Wheelock Properties is a major Hong Kong property developer.
• Sino Land Company LimitedcoreStrategic or Co-development PartnerJoint-development partner for GRAND VICTORIA project - a major Hong Kong property developer collaborating on the waterfront residential development.
• K. Wah International Holdings LimitedcoreStrategic or Co-development PartnerJoint-development partner for GRAND VICTORIA project - collaborating on the West Kowloon waterfront residential development.
• Lloyds Banking Group Plc.coreOthersLloyds Banking Group is the sole tenant at 33 Old Broad Street, London, occupying the property as their new London headquarters accommodating 5,000 employees. SEA Group undertook significant renovation to create an eco-friendly headquarters with gas-free technology reducing CO2 emissions by 428 tonnes annually.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Sino Land: Direct joint-venture partner on GRAND VICTORIA and one of Hong Kong's most established family-controlled developers; highly comparable portfolio mix of residential, commercial, office, and hotel assets across HK and selective international markets.
• Henderson Land Development: Major Hong Kong-focused property developer with deep residential and commercial portfolio; comparable in business model (develop, own, lease prime HK assets) and luxury-segment positioning to SEA Holdings.
• New World Development: Large diversified Hong Kong property developer with significant exposure to luxury residential, Grade A office, retail, and hotel assets; similar mixed-use development approach and family-controlled governance make NWD a closely comparable peer.
• Hongkong Land Holdings: Premier Hong Kong-based landlord and developer of Grade A office and luxury retail/residential assets across HK and key Asian cities; highly comparable investment-led model focused on prime central locations similar to SEA Holdings' 33 Old Broad Street strategy.
• Sun Hung Kai Properties: Hong Kong's largest and most diversified property developer with comparable exposure across residential, office, retail, and hotel assets; similar multi-geography footprint and prime-location focus make SHKP the most direct large-cap comparable to SEA Holdings' diversified premium-property model.
• Wharf Real Estate Investment Company: Hong Kong-listed property arm of Wharf Holdings focused on investment property; similar long-hold investment property model and HK prime-asset focus make Wharf REIC a structurally comparable peer.
• K. Wah International Holdings: Direct joint-venture partner on GRAND VICTORIA; Hong Kong-listed developer focused on premium residential and commercial properties in HK, mainland China, and selective overseas markets — directly comparable business model and product positioning.
• Hysan Development: Hong Kong-listed property company focused on office and retail leasing in prime HK locations (Causeway Bay); comparable in office-led leasing model and HK premium commercial strategy to SEA Holdings' Everbright Centre and THE CENDAS assets.

Broad incumbents

• Hang Lung Properties: Larger Hong Kong-listed developer with significant mainland China luxury commercial and residential portfolio; broader geographic and asset-class footprint than SEA Holdings but comparable luxury-segment positioning and prime-location strategy.
• Wheelock & Company: Parent entity of Wheelock Properties (JV partner on GRAND VICTORIA) and major Hong Kong conglomerate with extensive property interests; comparable as a larger incumbent with overlapping premium-property portfolio and JV relationship with SEA Holdings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sea-group

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SEA Holdings