IR News

29/06/2018
Topping Out of Office Tower 2 at Center 66 in Wuxi
We are very pleased to announce that Center 66, our commercial complex in Wuxi in Jiangsu Province, held a Topping Out Ceremony today for its second Office Tower. The Ceremony was hosted by our Chief Executive Officer Designate Mr. Weber Lo; Chief Financial Officer Mr. H.C. Ho; and Executive Director Mr. Adriel Chan. Mr. Lu Zhijian, Deputy Mayor of the Wuxi Municipal Party Committee; Mr. Jiang Weijian, Vice Chairman of the Wuxi Municipal Committee under the CPPCC and Mr. Qin Yongxin, Deputy Secretary of the CPC Liangxi District Committee of Wuxi and Governor of Liangxi District also officiated the ceremony and bore witness to our momentous achievement in Wuxi.
 
In May, we successfully acquired a prime plot of land in Hangzhou, which becomes our third point of development in the Yangtze River Delta region after Shanghai and Wuxi. Given Wuxi’s key location in region, Center 66 will create strong synergy with our flagship projects in Shanghai - Plaza 66 and Grand Gateway 66 - and with the forthcoming project in Hangzhou, thereby advancing the region’s development and raising it to new heights.
 
Construction of Center 66’s Office Tower 2 is progressing well, and completion is expected in the second quarter of 2019. Office Tower 2 will link directly to the mall, whose outstanding features are to include the renowned Premiere Cinemas movie theater. This enhancement further diversifies the complex’s tenant mix, and is expected to attract additional customers and heighten the overall ambience of the complex.
 
Center 66 achieved a favorable performance in 2017 as a result of Wuxi’s economic growth. The mall has an appealing tenant mix marked by the combined presence of such renowned international brands as Prada, Miu Miu, Salvatore Ferragamo and Ermenegildo Zegna, among others. Office Tower 1 has likewise secured for itself a prominent position in Wuxi’s office market. With the impending completion of Office Tower 2, together with the unceasing improvement of the complex’s offerings and services, Center 66 is destined to continue developing as a notable city landmark and a truly diversified, high-end commercial complex.
 
 
About Center 66 in Wuxi
Center 66 was established in Wuxi in 2013 with the first phase comprising a shopping mall and two office towers. With the mall and the first office tower complete and the second under construction, the next phase of the project is now in the planning stage. When both phases are complete, the gross floor area of the complex will be 370,800 square meters.
 
The project is located in the most prosperous area of Wuxi’s commercial district: the intersection of Zhongshan Road and Renmin Zhong Road in Liangxi District. An indoor walkway connects the complex to the city’s Metro Lines 1 and 2. The complex hosts more than 200 top-quality retail stores, including a wide variety of high-end international brands. Center 66 also includes an enticing range of dining and leisure facilities, creating a new one-stop experience for the citizens of Wuxi. Since its completion in 2014, the 52-story Office Tower 1 has become the location of choice for numerous multinational corporations including UBS, Shiseido, Huawei, AIA and China Minsheng Bank, among others.
 
Center 66 is dedicated to becoming an outstanding landmark of Wuxi, one that is fully integrated into the surrounding environment and in total harmony with the city’s historical legacy. With heritage in mind, the project has preserved a 600-year-old temple dating from the Ming Dynasty and has restored three sections of the building, seamlessly blending business with culture.
 
The outstanding design and excellent business strategy of Center 66 was recognized with two honors in the 2012 Asia Pacific Property Awards. They are the “Best Mixed-use Architecture in Asia Pacific” title and the “Five-star Best Mixed-use Architecture in China” award. At the same time, Center 66 has become an Employer of Choice in the market. It was awarded the “Best Companies to Work for in Asia 2017” title by HR Asia, the authoritative publication of human resource professionals in Asia.
  • The Topping Out Ceremony of Center 66's Office Tower 2 is officiated by Mr. Lu Zhijian (9th from left), Deputy Mayor of the Wuxi Municipal Party Committee; Mr. Jiang Weijian (8th from right), Vice Chairman of the Wuxi Municipal Committee under the CPPCC; Mr. Qin Yongxin (7th from right), Deputy Secretary of the CPC Liangxi District Committee of Wuxi and Governor of Liangxi District; and Mr. Wang Xing (5th from right), Director of Wuxi Municipal Bureau of Commerce; Hang Lung’s Chief Executive Officer Designate Mr. Weber Lo (9th from right); Chief Financial Officer Mr. H.C. Ho (6th from right); Executive Director Mr. Adriel Chan (8th from left). Other top management from Hang Lung and government officials also attend to bear witness to this momentous achievement in Wuxi.
  • The officiating guests host the Topping Out Ceremony of Center 66's Office Tower 2.
  • Construction of Center 66’s Office Tower 2 is progressing as planned with completion expected in the second quarter of 2019.

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