Latest news with #HangLung
Associated Press
26-06-2025
- Business
- Associated Press
Plaza 66's Pavilion Extension Tops Out, Opening in Second Half of 2026
Expanding Retail Space by 13% to Boost the New Consumption Economy in Shanghai HONG KONG SAR & SHANGHAI, CHINA - Media OutReach Newswire - 26 June 2025 - Hang Lung Properties Limited (SEHK stock code: 00101) (the 'Company' or 'Hang Lung') has achieved a major construction milestone and topped out its Plaza 66 Pavilion Extension in Shanghai. This low-rise, standalone building will expand the complex's retail space by 13% based on leasable floor area, adding a total of 3,080 square meters above ground. The project is set for completion in mid-2026 and opening in the second half of the year. The Pavilion Extension at Plaza 66 has topped out on schedule and will expand the mall's retail space by 13% based on leasable floor area The Pavilion Extension, i.e., Phase 3 of Plaza 66's development, will be seamlessly connected to the existing mixed-use complex which consists of a luxury mall and two premium office towers, currently covering a total gross area of 213,255 square meters of office and retail space in Shanghai's vibrant Jing'an District. The Pavilion Extension also includes around 3,850 square meters of public space along Nanyang Road, enhancing placemaking and creating a vibrant urban destination connecting the community. Artist's impression of Plaza 66 Pavilion Extension Pavilion Extension Project: Where Retail Leadership Meets Urban Energy Plaza 66, distinguished by its unparalleled luxury offerings and positioning, is being expanded to cater to the evolving tastes of discerning consumers who are increasingly prioritizing personalized and exceptional experiences. New concepts of retail, dining, wellness and lifestyle, as well as event spaces will be introduced to the Pavilion Extension, further strengthening its appeal as a top-tier lifestyle destination. 'This topping out represents a major step in our development strategy in mainland China, which is designed to address new consumption trends and overwhelming interest from retailers seeking to establish a presence at Plaza 66,' said Mr. Derek Pang, Senior Director – Mainland Business Operation of Hang Lung Properties. 'We are also committed to curating novel experiences that blend emotional engagement with authentic cultural resonance, thereby supporting Shanghai's urban renewal and development as an international consumption city as we continuously upgrade our portfolio. Through the extended Plaza 66, along with our other iconic property in Shanghai, Grand Gateway 66, we strengthen our retail leadership as the Pulse of the City by delivering world-class experiences that capture Shanghai's vibrant spirit.' Notes to Editor – Facts of Plaza 66, Shanghai Hashtag: #HangLung #Plaza66 The issuer is solely responsible for the content of this announcement. About Plaza 66, Shanghai Plaza 66 is a landmark mixed-use development located in Shanghai's prestigious Nanjing Road West business district, with a total gross floor area of over 210,000 square meters. The complex features a high-end mall and two Grade A office towers. The mall houses over 120 leading international brands and a diverse array of dining establishments. Its Phase 3 expansion, currently under construction, will add 13% more retail space based on leasable floor area and is scheduled to open in the second half of 2026. The office towers host approximately 100 tenants, including the China headquarters of renowned multinational corporations in consumer goods, professional services, and finance, as well as leading domestic enterprises. About Hang Lung Properties
Yahoo
06-06-2025
- Entertainment
- Yahoo
Fashion Walk x ADAHK Present: "CHEER Creative Art Week"
Two Murals by Artists with Disabilities Brighten Up Food Street @ Fashion WalkInteractive Workshops and Sharing Sessions Explore the Boundless Possibilities of Creativity Exclusive "CHEER-TOMATO" Plushies and Hang Lung e-Gift Vouchers Giveaways Starting This June HONG KONG, June 6, 2025 /PRNewswire/ -- Creativity knows no limits! As a fashion and culinary landmark in Hong Kong, Fashion Walk is elevating its "CHEER" by embracing the power of creative arts. In collaboration with the Arts with the Disabled Association Hong Kong (ADAHK), "CHEER Creative Art Weekend" will be held on June 7– 8, 2025. The event will feature mural artworks and interactive workshops led by talented artists with disabilities, along with sharing sessions that offer insight into their personal journeys. This initiative aims to enrich the Causeway Bay community with artistic vibrancy and foster meaningful cultural exchange. Artists with Disabilities Showcase Creativity and Talent through Murals at Food Street@Fashion Walk In celebration of Hang Lung's 65th anniversary, Fashion Walk has partnered with two local artists with disabilities to create stunning large-scale murals. These works of art reflect the artists' personal stories, while celebrating the cultural evolution of Causeway Bay, adding a uniquely Hong Kong touch to Food Street@Fashion Walk, and enriching the area with a vibrant artistic atmosphere. Hearing-impaired artist Tong Wing-yin drew inspiration from the nostalgic streetscapes and transformation of Causeway Bay. Her mural, "Streets of Old Causeway Bay," features iconic landmarks such as the former Daimaru and Matsuzakaya department stores, honoring Hang Lung's significant role in shaping the district's fashion and cultural identity. The second mural, "Shine Bright! Let's Move!" by artist Cheng Pui-man—who is nearly completely deaf—reflects her deep passion for rugby and the inspiration she draws from sports. The artwork bursts with energy, showcasing three sports themes brought vividly to life through bold color contrasts and dynamic composition. Both murals are now on display at Art Lane, Food Street@Fashion Walk. The public is warmly invited to explore, take photos, and support the incredible talent of local artists. Sharing Life Stories & Connecting the Community through Art Luk Pui-yung, a talented artist born without arms, will share her inspiring personal story and artistic journey. After completing her studies in art and design, Luk dedicated herself to mastering traditional Chinese painting, ink wash, and calligraphy. Through her expressive brushwork, she invites the public to witness the resilience and beauty of life from her perspective. In addition, several artists with disabilities will lead a variety of engaging themed interactive workshops, including: Pictures of Japan: Washi Tape Collage Workshop, Super-Adorable Panda Wool Felt 3D Painting Workshop, The 'God's Eye' Weaving Workshop and Punch Needle Embroidery Felt Coaster Workshop. These sessions aim to foster creativity and strengthen community connections through the power of art. Everyone is welcome to participate! As part of the event, the ADAHK will hold an on-site charity sale of cheongsam-style aprons featuring artwork created by artists with disabilities. All proceeds will go towards ADAHK's social enterprise, Artlink, which empowers artists with disabilities to showcase their talents and contribute meaningfully to society. Bonus Activities: Summer Rewards & Limited-edition Gifts at Fashion Walk From June 1 to August 31, Fashion Walk presents the "Summer CHEER-TOMATO Giveaway." hello members who spend HK$300 or more in a single transaction at participating merchants and upload their receipts via the Hang Lung Malls App or WeChat mini program will receive a limited-edition "CHEER-TOMATO" plush charm (while supplies last). Additionally, Fashion Walk and Gala Place are launching "hello Summer Bloom" in June, offering exciting rewards, including e-Cash Coupons valued up to HK$600 and Jo Malone London personal care gifts. Don't miss out! For more details, please refer to the appendix. View original content to download multimedia: SOURCE Fashion Walk
Associated Press
27-05-2025
- Business
- Associated Press
Hang Lung Achieves Sustainability Milestone: 80% of Mainland Portfolio Powered by Renewable Energy
Forum 66, Palace 66, and Olympia 66 are the first commercial developments in Liaoning Province to be powered by wind and solar energy HONG KONG SAR & SHANGHAI, CHINA - Media OutReach Newswire - 27 May 2025 - Hang Lung Properties Limited (SEHK stock code: 00101) (the 'Company' or 'Hang Lung') announced that the Company has increased its portfolio of renewable energy-powered properties in mainland China from 50% to 80% of its operating properties. The three additional properties—Forum 66 and Palace 66 in Shenyang, and Olympia 66 in Dalian—have transitioned to renewable energy sources since May 1, 2025, and are the first commercial developments in Liaoning Province to achieve this milestone. Forum 66, Palace 66, and Olympia 66 are the first commercial developments in Liaoning Province to adopt green energy 'This transaction marks a major step towards realizing Hang Lung's 2050 net zero goal . With these latest pioneering renewable energy projects in mainland China, we are proud to continue leading this journey,' said Mr. Adriel Chan, Chair of Hang Lung Properties and Chair of the Sustainability Steering Committee. 'We will continue to pioneer renewable energy initiatives, support the sustainability targets of our partners, and inspire others to accelerate their decarbonization efforts in line with China's dual carbon ambitions.' The three properties have secured renewable energy from wind and solar sources through power purchase agreements aligned with China's green energy policy framework. By the end of 2025, Hang Lung is expected to purchase a total of approximately 320 million kWh of renewable energy across eight properties. This achievement surpasses the Company's sustainability target of 25% renewable energy for its mainland China portfolio in 2025. Hang Lung's clear demand signal for renewable energy in multiple cities is helping to accelerate the energy transition, empower tenants to advance their own sustainability commitments with direct access to renewable energy, and foster a greener retail and commercial ecosystem in China. At Forum 66 in Shenyang, the Green Power Purchase Agreement was signed by (from left) Mr. Arthur Wong, Deputy General Manager – Mainland Business Operation of Hang Lung Properties, Mr. John Haffner, Deputy Director – Sustainability of Hang Lung Properties, Mr. Jinzeng Yu, Deputy General Manager of Northeast Region of China Resources Power, and Ms. Airong Yang, General Manager of China Resources (Liaoning) Electric Power Sales Co., Ltd 'As a leading luxury hotel, we work to ingrain sustainability in all aspects of our operations,' said Mr. Erich Kaiserseder, General Manager, Conrad Shenyang. 'It is great news for us and for our guests that Hang Lung has procured renewable energy for its Liaoning properties, including all the electricity for our hotel in Forum 66.' 'Tenants and landlords need to work together to advance common sustainability goals,' said Ms. Xuan Liu, Director, Dacheng Shenyang Law Firm. 'We are very happy that our office space at Forum 66 is now powered by green electricity thanks to Hang Lung's initiative in the market.' Located in Shenyang, capital of Liaoning Province, Forum 66 is a mixed-use development comprising a world-class shopping mall, Grade A office tower and the 5-star Conrad Shenyang on Qingnian Da Jie, also known as the 'Golden Corridor', while Palace 66 caters to young and trendy consumers as an aspirational retail and lifestyle destination. Olympia 66 in Dalian is the epicentre of luxury retail and lifestyle destination. Appendix: Hang Lung's Renewable Energy Chronology: December 2021: Spring City 66 in Kunming is Hang Lung's first property and the first commercial complex in Yunnan Province to be powered by renewable energy. January 2023: Parc 66 in Jinan is the first commercial property in Jinan and Shandong Province to be powered by renewable energy. April 2024: Plaza 66 and Grand Gateway 66 in Shanghai, and Center 66 in Wuxi build on the successes in Kunming and Jinan and are also powered by renewable energy. May 2025: Forum 66 and Palace 66 in Shenyang, as well as Olympia 66 in Dalian, are the first commercial complexes in Liaoning Province to be powered by renewable energy. Altogether, eight out of ten of Hang Lung's Mainland operating properties are now powered by renewable energy.* *Green power terms under power purchase agreements for the entire property (covering both landlord and tenant consumption) since May 1, 2025. Property Minimum Green Electricity Under Bundled Power Purchase Agreement Maximum Unbundled Green Electricity Certificate Spring City 66, Kunming 100% 0% Parc 66, Jinan 100% 0% Center 66, Wuxi 98% 2% Grand Gateway 66, Shanghai 95% 5% Plaza 66, Shanghai 95% 5% Forum 66, Shenyang 95% 5% Palace 66, Shenyang 95% 5% Olympia 66, Dalian 95% 5% Hashtag: #HangLung #Forum66 #Palace66 #Olympia66 The issuer is solely responsible for the content of this announcement. About Hang Lung Properties
The Sun
14-05-2025
- Business
- The Sun
Hang Lung's NET•WORK Captures New Office Demand Wave: Landlord-Managed Space Hits 70% Occupancy
HONG KONG SAR - Media OutReach Newswire - 14 May 2025 - Hang Lung Properties Limited (SEHK Stock Code: 00101) (the 'Company' or 'Hang Lung') is pleased to announce the launch of NET•WORK, a premier coworking space in the heart of Central, Hong Kong. As Hong Kong continues to strengthen its status as an international financial center, NET•WORK's vibrant and flexible office spaces have attracted financial institutions, professional services firms, and TMT (technology, media, and telecom) companies, achieving 70% occupancy during the soft-launch period. Mr. Herman Chui, Senior Director – Office, Hotel & Residence of Hang Lung Properties, said, 'Hang Lung Properties creates compelling spaces that enrich lives. NET•WORK was created to connect people and business communities, serving as a space where work and life will find the ultimate balance. Strategically located within Central's iconic Standard Chartered Bank Building, NET•WORK embodies our vision is to become a premium and leading flexible business solution provider. From eco-friendly building materials and energy saving facilities to air quality management and control, NET•WORK sets itself apart with its full commitment to sustainability and supporting our community. NET•WORK provides professional 'turn-key' solutions in which the hassle of fitting out no longer exists. While market challenges persist, Hong Kong has a key role to play, not only as an integral part of the Greater Bay Area, but also as Asia's premier financial hub. NET•WORK's achievement of strong occupancy within months since its soft launch validates the market demand for centrally located, quality and flexible business solutions. Building on the success of HANGOUT, the Company's branded multifunctional workspace in mainland China, we expect our flexible business solutions to generate even more cross-border opportunities going forward.' The name NET•WORK represents the connection, a hub for businesses to grow, and for people to connect and be inspired. Ergonomically designed and tastefully decorated, the 13,000-square-foot NET•WORK offers bespoke, functional and sophisticated spaces ideal for fast growing enterprises, entrepreneurs, and client meetings. It features dedicated private offices and dynamic shared spaces, including 27 private offices, 212 workstations, and professional conference facilities. The space has already established itself as a nexus for high-value business connections, having hosted multiple networking events. Members of NET•WORK can enjoy unparalleled benefits within the Hang Lung portfolio, which comprises offices and retail spaces across the border: One membership, dual access: Privileges across NET•WORK (Hong Kong) and HANGOUT (mainland China) Exclusive leasing offers for offices, retail spaces, and serviced apartments within Hang Lung's Hong Kong and Mainland properties hello program benefits: Members can enjoy exclusive dining experiences at Michelin-starred restaurants within our Central portfolio, earning hello points redeemable for premium rewards through the hello Hang Lung Malls Rewards Program. With NET•WORK, Hang Lung reaffirms its commitment to redefining workplace innovation, strengthening Hong Kong's position as Asia's premier commercial hub and setting a new benchmark for corporate excellence. Various amenities, including the pantry (left) and wellness room (right), are thoughtfully designed to enhance the well-being of office workers
Malay Mail
14-05-2025
- Business
- Malay Mail
Hang Lung's NET•WORK Captures New Office Demand Wave: Landlord-Managed Space Hits 70% Occupancy
(From left) Mr. Mikael Jaeraas, Senior Director – Retail and Hong Kong Business Operation, and Ms. Helen Lau, Deputy Director – Hong Kong Business Operation, at the launch event of NET•WORK, showcasing its key features. NET•WORK represents the connection, a hub for businesses to grow, and for people to connect and be inspired NET•WORK's versatile, well-appointed venues provide the perfect setting to forge connections and showcase businesses One membership, dual access : Privileges across NET•WORK (Hong Kong) and HANGOUT (mainland China) : Privileges across NET•WORK (Hong Kong) and HANGOUT (mainland China) Exclusive leasing offers for offices, retail spaces, and serviced apartments within Hang Lung's Hong Kong and Mainland properties for offices, retail spaces, and serviced apartments within Hang Lung's Hong Kong and Mainland properties hello program benefits: Members can enjoy exclusive dining experiences at Michelin-starred restaurants within our Central portfolio, earning hello points redeemable for premium rewards through the hello Hang Lung Malls Rewards Program. All workstations are equipped with ergonomic chairs and height-adjustable desks featuring USB-C monitor compatibility HONG KONG SAR - Media OutReach Newswire - 14 May 2025 - Hang Lung Properties Limited (SEHK Stock Code: 00101) (the "Company" or "Hang Lung") is pleased to announce the launch of NET•WORK, a premier coworking space in the heart of Central, Hong Kong. As Hong Kong continues to strengthen its status as an international financial center, NET•WORK's vibrant and flexible office spaces have attracted financial institutions, professional services firms, and TMT (technology, media, and telecom) companies, achieving 70% occupancy during the soft-launch Herman Chui, Senior Director – Office, Hotel & Residence of Hang Lung Properties, said, "Hang Lung Properties creates compelling spaces that enrich lives. NET•WORK was created to connect people and business communities, serving as a space where work and life will find the ultimate balance. Strategically located within Central's iconic Standard Chartered Bank Building, NET•WORK embodies our vision is to become a premium and leading flexible business solution provider. From eco-friendly building materials and energy saving facilities to air quality management and control, NET•WORK sets itself apart with its full commitment to sustainability and supporting our community. NET•WORK provides professional 'turn-key' solutions in which the hassle of fitting out no longer exists. While market challenges persist, Hong Kong has a key role to play, not only as an integral part of the Greater Bay Area, but also as Asia's premier financial hub. NET•WORK's achievement of strong occupancy within months since its soft launch validates the market demand for centrally located, quality and flexible business solutions. Building on the success of HANGOUT, the Company's branded multifunctional workspace in mainland China, we expect our flexible business solutions to generate even more cross-border opportunities going forward."The name NET•WORK represents the connection, a hub for businesses to grow, and for people to connect and be inspired. Ergonomically designed and tastefully decorated, the 13,000-square-foot NET•WORK offers bespoke, functional and sophisticated spaces ideal for fast growing enterprises, entrepreneurs, and client meetings. It features dedicated private offices and dynamic shared spaces, including 27 private offices, 212 workstations, and professional conference facilities. The space has already established itself as a nexus for high-value business connections, having hosted multiple networking of NET•WORK can enjoy unparalleled benefits within the Hang Lung portfolio, which comprises offices and retail spaces across the border:With NET•WORK, Hang Lung reaffirms its commitment to redefining workplace innovation, strengthening Hong Kong's position as Asia's premier commercial hub and setting a new benchmark for corporate #HangLung The issuer is solely responsible for the content of this announcement. About Hang Lung Properties Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the '66' brand, the company's Mainland portfolio has established its leading position as the 'Pulse of the City'. Hang Lung Properties is also recognized for leading the way in enhancing sustainability initiatives in the real estate industry, all the while pursuing sustainable growth by connecting customers and communities. At Hang Lung Properties – We Do It Well. For more information, please visit
