Sino Group of Hotels to Operate its First Serviced Apartments

The Johnston Suites in the Heart of Wan Chai, Hong Kong

HONG KONG, Sept. 1, 2013 /PRNewswire/ -- Sino Group of Hotels, the hospitality management arm of Sino Group and an affiliate of Sino Land Company Limited (HKSE: 083), operates and manages a growing portfolio of hotels, a yacht club, serviced apartments and residential club houses. Sino Group of Hotels announced today the naming of The Johnston Suites, the first serviced apartments under its management, situated in a prime location where business travellers can experience the vibrancy and excitement of Hong Kong, the diverse and attractive heritage that parallels the evolution of the city, weaving together history, tradition, and new developments.

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Opening on 1 September 2013, The Johnston Suites serviced apartments located on 74-80 Johnston Road, was formerly named as Fraser Suites Hong Kong. Situated in the heart of Hong Kong's famous Wan Chai business district and in the vicinity of the Hong Kong Convention and Exhibition Centre, the bustling hubs of Causeway Bay, Admiralty and Central, The Johnston Suites offers 87 apartments, with unit sizes from 566-1,010 square feet. The special monthly rate starts from HK$36,500.

"Hong Kong is an international metropolis being backed up by a strong and well-structured economy and it serves as a strategic gateway for multinational corporations to tap and penetrate into the ever-growing and vast mainland Chinese market," Nicholas Yim, Executive Director & Group General Manager of Sino Group of Hotels remarks. "We see the rising demand for the serviced apartment market in Hong Kong and foresee an average occupancy rate at an uptrend of 85 to 90 percent for The Johnston Suites."

The Johnston Suites Hong Kong serviced apartments tower offers a complete array of facilities, amenities and an integrated entertainment system. Residents can enjoy a host of recreational and leisure facilities such as current jet pool, whirlpool, gymnasium, outdoor terraces and rooftop leisure areas. Each apartment is fully furnished with a separate spacious living room, dining room, kitchen and bedroom. A home at The Johnston Suites is a step into the city's most celebrated entertainment, shopping, dining venues and a link to its rich cultural heritage. Designed with the corporate traveller in mind, this contemporary serviced apartment tower offers premium comfort, dedicated benefits and privileges to all guests.

Riding on the success of Sino Group in developing and managing an award-winning, widely diversified portfolio, Sino Group of Hotels strives to expand its development in Hong Kong and regional gateway cities, and consistently deliver quality services. The launch of The Johnston Suites signifies a strategic phase of development in Sino Group of Hotels that will synergise positively and enhance promising and better results for Sino Group.

The Johnston Suites Hong Kong Serviced Apartments

74-80 Johnston Road, Wan Chai, Hong Kong

Tel: +852-3966-0000

Fax: +852-3966-0100

info@thejohnstonsuites.com( mailto:info@thejohnstonsuites.com ) www.thejohnstonsuites.com

About Sino Group of Hotels (www.sino-hotels.com)

Established in 1994, Sino Group of Hotels is the hospitality management arm of Sino Group and an affiliate of Sino Land Company Limited (HKSE: 083). The Hotel Group owns and manages four prime hotels, namely City Garden Hotel, Hong Kong Gold Coast Hotel, Island Pacific Hotel, The Royal Pacific Hotel & Towers, as well as the Gold Coast Yacht & Country Club and The Johnston Suites serviced apartments in Hong Kong. The Group will launch a city luxury boutique hotel in Central, Hong Kong in 2014.

About Sino Group (www.sino.com)

Sino Group is one of the leading property developers in Hong Kong. Widely diversified, the Group comprises private holding companies owned by the Ng family, along with three publicly listed companies, Tsim Sha Tsui Properties Limited( http://www.sino.com/eng/default.asp?xid=ci_mp_tstp ) (HKSE: 247), Sino Land Company Limited( http://www.sino.com/eng/default.asp?xid=ir_sl_fr_1011 ) (HKSE:083), Sino Hotels (Holdings) Limited( http://www.sino.com/eng/default.asp?xid=ci_mp_sh ) (HKSE: 1221)

Sino Group's core business is developing residential, office, industrial and retail properties for sale and investment. It is also a major player in hotel investment and management, club management, property management, car park operations, cleaning and security services.

Sino Group owns the award-winning The Conrad Hong Kong and two leading prestigious hotels in Singapore, The Fullerton Hotel and The Fullerton Bay Hotel. Far East Organization, the Group's sister company, is Singapore's largest private property developer.

SOURCE Sino Group of Hotels