Sino Group launched their first real estate agency at a grand opening in East Kowloon on 29 October. The agency will operate under the name Skyline Real Estate Agency, offering services such as leasing and sales of all commercial and residential properties for both the first and second hand markets. The subsidiary company expects that about 70 percent of business will come from the leasing market. The majority of Skyline listed properties (about 80 percent) re directly from Sino, such as Skyline Tower, which is currently leasing at $18/sqt, while the rest will come from external sources.

Sino believes that with the establishment of Skyline agency will provide customers with a one-stop solution for leasing and selling property, citing the recent Hong Kong Chief Executive's Policy address suggesting that the property market will continue to boom, further pushing the prospering economy to new heights. According to Colliers "Looking forward, the local real estate market is going to see diverse growth amongst its four different property sectors." (Colliers Hong Kong Market Overview, Oct. 2007). " With the strong volume and the growing supply of new office space in the coming years, demand for real estate agency services will definitely be very high", said Andy Yuen, Director of Skyline Real Estate Agency.

Sino Estates Management Limited manages over 180 properties, including over 47,000 commercial and residential units covering a total of over 50 mil sqf. RFP