enable lessees of lease-expired premises who have been unable or unwilling to accept regrant terms during the preceding three or four years to re-assess their position.
6.08. The work of the Land Branch is undertaken by three separate Divisions, namely: Urban Estate, Property Management and Valuation.
Urban Estate Division
6.09. The Urban Estate Division is divided into two sections, one each for Hong Kong and Kowloon. The Division deals with all sales, new leases and allocations of Crown Land on Hong Kong Island and in Kowloon and New Kowloon, and the general administration and control of Crown Land in the urban area. There was an increased demand for the purchase of Crown land, particularly industrial land, and prices realized at public auctions were close to those obtained in year 1963-64. There were 17 sales by auction and tender compared with 9 during the previous year.
6.10. Grant of land by private treaty and allocation of land for Government projects continued at a high level of activity. The number of private treaty grants made during the year was 32.
6.11. Statistical details concerning land transactions are given at Appendix T.
Property Management Division
6.12. The Property Management Division is responsible for the letting and management of premises owned but not occupied by Government and it conducts negotiations for the letting of Government buildings and piers which are not required for the time being for Government purposes or which are intended for non-Government use. It also manages buildings on former leased land which have reverted to the ownership of the Crown either through re-entry or through expiry of leases.
6.13. During the year the amount of rent which this Division was responsible for collecting totalled about $7 million and the number of properties managed increased from 190 to 240. In addition, eight commercial piers and seventeen ferry piers were managed and various wayleaves, licences, etc. issued. Close co-operation was maintained with the Registrar General, who advises on the legal aspects of the Division's work, and with the Buildings Ordinance Office, which supervises maintenance of reverted properties.
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enable lessees of lease-expired premises who have been unable or un- willing to accept regrant terms during the preceding three or four years to re-assess their position.
6.08. The work of the Land Branch is undertaken by three separate Divisions, namely: Urban Estate, Property Management and Valuation.
Urban Estate Division
6.09. The Urban Estate Division is divided into two sections, one each for Hong Kong and Kowloon. The Division deals with all sales, new leases and allocations of Crown Land on Hong Kong Island and in Kowloon and New Kowloon, and the general administration and control of Crown Land in the urban area. There was an increased demand for the purchase of Crown land, particularly industrial land, and prices realized at public auctions were close to those obtained in year 1963-64. There were 17 sales by auction and tender compared with 9 during the previous year.
6.10. Grant of land by private treaty and allocation of land for Government projects continued at a high level of activity. The number of private treaty grants made during the year was 32.
6.11. Statistical details concerning land transactions are given at Appendix T.
Property Management Division
6.12. The Property Management Division is responsible for the letting and management of premises owned but not occupied by Government and it conducts negotiations for the letting of Government buildings and piers which are not required for the time being for Government purposes or which are intended for non-Government use. It also manages buildings on former leased land which have reverted to the ownership of the Crown either through re-entry or through expiry of leases.
6.13. During the year the amount of rent which this Division was responsible for collecting totalled about $7 million and the number of properties managed increased from 190 to 240. In addition, eight com- mercial piers and seventeen ferry piers were managed and various wayleaves, licences, etc. issued. Close co-operation was maintained with the Registrar General, who advises on the legal aspects of the Division's work, and with the Buildings Ordinance Office, which supervises main- tenance of reverted properties.
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