Hongkong Land is the single largest landlord in Central, Hong Kong. In recent decades, the company focused on upgrading its commercial buildings in Central. In 2003, the redevelopment of Swire House into the new Chater House was completed. Major renovations have since been carried out in the Prince's Building. The Landmark has also been redeveloped, with the luxury Landmark Mandarin Oriental Hotel and York House added. Hongkong Land has also redeveloped The Forum, the retail block at Exchange Square, into a 5-storey office block, which is wholly leased to Standard Chartered Bank.