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Hang Lung's NET•WORK Captures New Office Demand Wave: Landlord-Managed Space Hits 70% Occupancy
Hang Lung's NET•WORK Captures New Office Demand Wave: Landlord-Managed Space Hits 70% Occupancy

Associated Press

time14-05-2025

  • Business
  • Associated Press

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. (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. 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.' NET•WORK represents the connection, a hub for businesses to grow, and for people to connect and be inspired 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. NET•WORK's versatile, well-appointed venues provide the perfect setting to forge connections and showcase businesses Members of NET•WORK can enjoy unparalleled benefits within the Hang Lung portfolio, which comprises offices and retail spaces across the border: All workstations are equipped with ergonomic chairs and height-adjustable desks featuring USB-C monitor compatibility 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 Various amenities, including the pantry (left) and wellness room (right), are thoughtfully designed to enhance the well-being of office workers Various amenities, including the pantry (left) and wellness room (right), are thoughtfully designed to enhance the well-being of office workers Hashtag: #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

Hang Lung's NET•WORK Captures New Office Demand Wave: Landlord-Managed Space Hits 70% Occupancy
Hang Lung's NET•WORK Captures New Office Demand Wave: Landlord-Managed Space Hits 70% Occupancy

The Sun

time14-05-2025

  • 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

Hang Lung's NET•WORK Captures New Office Demand Wave: Landlord-Managed Space Hits 70% Occupancy
Hang Lung's NET•WORK Captures New Office Demand Wave: Landlord-Managed Space Hits 70% Occupancy

Zawya

time14-05-2025

  • Business
  • Zawya

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 Hashtag: #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 Hang Lung Properties

Hang Lung Announces Official Name of 'Xi Zhe Wuxi, Curio Collection by Hilton' at Center 66, Set to Open in Q4 2025
Hang Lung Announces Official Name of 'Xi Zhe Wuxi, Curio Collection by Hilton' at Center 66, Set to Open in Q4 2025

Associated Press

time27-02-2025

  • Business
  • Associated Press

Hang Lung Announces Official Name of 'Xi Zhe Wuxi, Curio Collection by Hilton' at Center 66, Set to Open in Q4 2025

Enriching the Complex's Cultural Landscape and Status as a Benchmark for Urban Excellence HONG KONG SAR, SHANGHAI & WUXI, CHINA - Media OutReach Newswire - 27 February 2025 - Hang Lung Properties Limited (SEHK stock code: 00101) (the 'Company' or 'Hang Lung') today announced the official name of its new lifestyle hotel at Center 66 – Xi Zhe Wuxi, Curio Collection by Hilton ('Xi Zhe'; 無錫錫喆寓,希爾頓格芮精選酒店). The name's Chinese meaning is a nod to the hotel's geographical location and brand philosophy of blending heritage and innovation. Scheduled to open in the fourth quarter of 2025, Xi Zhe is a key component of the second phase of the Center 66 development in Wuxi, and will greatly enhance the complex's offerings of retail, office, and residential spaces to deliver holistic experiences, reinforcing its positioning as a premier destination for shoppers, business professionals, and visitors alike. Xi Zhe blends Wuxi's rich cultural heritage with modern design, providing 105 elegantly appointed rooms across a seven-floor tower and the adjacent three-story former residence of Zhang Xiaocheng (張效程), an architectural gem built in 1933, now nearing its centennial. Demonstrating its commitment to heritage preservation, Hang Lung meticulously restored this historic landmark—designated a cultural heritage protection unit at the Wuxi municipal level—ensuring its original charm and significance are preserved. By seamlessly integrating history with contemporary luxury, Xi Zhe offers a distinctive lifestyle experience. This unique offering is amplified by Center 66's prime location in Wuxi's central business district. Phase One, which opened in 2013, features a world-class shopping mall with over 200 retail brands—about half of them are first-in-market—alongside two office towers and the self-operated multifunctional workspace HANGOUT. Phase Two, launching in stages from 2025, will introduce the prestigious Center Residences and the highly anticipated Xi Zhe, further elevating Center 66's portfolio and driving commercial synergies. Mr. Herman Chui, Senior Director – Office, Hotel & Residence of Hang Lung, said, 'Xi Zhe embodies our commitment to elevating Center 66's prominence and enriching the broader community, aligning with Hang Lung's long-term vision for both the complex and Wuxi's development. The second phase of this project, long embedded in our strategic plan, is set to be a transformative force for the Liangxi District's urban renewal. The hotel will be a must-visit destination for travelers seeking the perfect blend of Wuxi's historical charm and modern vibrancy, enticing cross-city consumers of the Yangtze Delta, and strengthening Hang Lung's market presence.' Curio Collection by Hilton is a global set of individually remarkable hotels hand-picked to immerse guests in one-of-a-kind moments in the world's most sought-after destinations. Each hotel in the Curio Collection evokes a bespoke story through distinctive architecture and design, world-class food & beverage, and curated experiences, while providing the benefits of Hilton and its award-winning guest loyalty program Hilton Honors. Note to Editor – Key Offerings of Center 66, Wuxi: (Remarks: the images are artist's impression for reference only) Hashtag: #HangLungProperties 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.

Hang Lung Announces Official Name of "Xi Zhe Wuxi, Curio Collection by Hilton" at Center 66, Set to Open in Q4 2025
Hang Lung Announces Official Name of "Xi Zhe Wuxi, Curio Collection by Hilton" at Center 66, Set to Open in Q4 2025

Zawya

time27-02-2025

  • Business
  • Zawya

Hang Lung Announces Official Name of "Xi Zhe Wuxi, Curio Collection by Hilton" at Center 66, Set to Open in Q4 2025

Enriching the Complex's Cultural Landscape and Status as a Benchmark for Urban Excellence HONG KONG SAR, SHANGHAI & WUXI, CHINA - Media OutReach Newswire - 27 February 2025 - Hang Lung Properties Limited (SEHK stock code: 00101) (the 'Company' or 'Hang Lung') today announced the official name of its new lifestyle hotel at Center 66 – Xi Zhe Wuxi, Curio Collection by Hilton ('Xi Zhe'; 無錫錫喆寓,希爾頓格芮精選酒店). The name's Chinese meaning is a nod to the hotel's geographical location and brand philosophy of blending heritage and innovation. Scheduled to open in the fourth quarter of 2025, Xi Zhe is a key component of the second phase of the Center 66 development in Wuxi, and will greatly enhance the complex's offerings of retail, office, and residential spaces to deliver holistic experiences, reinforcing its positioning as a premier destination for shoppers, business professionals, and visitors alike. Xi Zhe blends Wuxi's rich cultural heritage with modern design, providing 105 elegantly appointed rooms across a seven-floor tower and the adjacent three-story former residence of Zhang Xiaocheng (張效程), an architectural gem built in 1933, now nearing its centennial. Demonstrating its commitment to heritage preservation, Hang Lung meticulously restored this historic landmark—designated a cultural heritage protection unit at the Wuxi municipal level—ensuring its original charm and significance are preserved. By seamlessly integrating history with contemporary luxury, Xi Zhe offers a distinctive lifestyle experience. This unique offering is amplified by Center 66's prime location in Wuxi's central business district. Phase One, which opened in 2013, features a world-class shopping mall with over 200 retail brands—about half of them are first-in-market—alongside two office towers and the self-operated multifunctional workspace HANGOUT. Phase Two, launching in stages from 2025, will introduce the prestigious Center Residences and the highly anticipated Xi Zhe, further elevating Center 66's portfolio and driving commercial synergies. Mr. Herman Chui, Senior Director – Office, Hotel & Residence of Hang Lung, said, 'Xi Zhe embodies our commitment to elevating Center 66's prominence and enriching the broader community, aligning with Hang Lung's long-term vision for both the complex and Wuxi's development. The second phase of this project, long embedded in our strategic plan, is set to be a transformative force for the Liangxi District's urban renewal. The hotel will be a must-visit destination for travelers seeking the perfect blend of Wuxi's historical charm and modern vibrancy, enticing cross-city consumers of the Yangtze Delta, and strengthening Hang Lung's market presence.' Curio Collection by Hilton is a global set of individually remarkable hotels hand-picked to immerse guests in one-of-a-kind moments in the world's most sought-after destinations. Each hotel in the Curio Collection evokes a bespoke story through distinctive architecture and design, world-class food & beverage, and curated experiences, while providing the benefits of Hilton and its award-winning guest loyalty program Hilton Honors. (Remarks: the images are artist's impression for reference only) Hashtag: #HangLungProperties 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 Hang Lung Properties

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