Business Daily Media

The Times Real Estate

.

Hang Lung’s Westlake 66 in Hangzhou Wins Gold Award in "Best New Mega Development" Category at MIPIM Asia Awards 2023

HONG KONG SAR and SHANGHAI, CHINA - Media OutReach Newswire - 7 December 2023 - Hang Lung Properties (SEHK stock code: 00101) ("Hang Lung" or "the Company") is delighted to announce that Westlake 66 in Hangzhou, its 11th large-scale commercial development in Mainland China, has won the Gold Award in the "Best New Mega Development" category at the MIPIM Asia Awards 2023.

Scheduled for completion in phases starting in 2024, Westlake 66 ingeniously blends Hangzhou's urban cultural heritage with the intricate details and sophisticated aesthetic of modern architecture. The complex's unique design echoes the beauty of the natural landscape in a perfect synergy of exquisite craftsmanship and cultural legacy.

Mr. Kenneth Chiu, Executive Director and Chief Financial Officer (fourth left), Mr. Adrian Lo, Director – Project Management (third left), other executives of Hang Lung Properties and Westlake 66’s design consultants receive the Gold Award in the “Best New Mega Development” category at the MIPIM Asia Awards 2023
Mr. Kenneth Chiu, Executive Director and Chief Financial Officer (fourth left), Mr. Adrian Lo, Director – Project Management (third left), other executives of Hang Lung Properties and Westlake 66’s design consultants receive the Gold Award in the “Best New Mega Development” category at the MIPIM Asia Awards 2023

Mr. Adrian Lo, Director of Project Management of Hang Lung Properties, said, "We are honored to receive this international recognition for multiple years consecutively. Strategically nestled in the heart of Gongshu District, Westlake 66 offers a diversified portfolio, including a shopping mall, office towers, and a luxury hotel. Based on our past successes, we are confident to elevate this large-scale commercial development to the next level and reshape the traditional business landscape of the center of Hangzhou city. Adhering to the Company's customer-centric service philosophy, we will make Westlake 66 a new urban landmark in Hangzhou and a popular destination for residents and visitors to explore and enjoy quality life."

Westlake 66 is located in the key area of Wulin Business Circle in Gongshu District and comprises 100,000 square meters of prestigious retail space, five Grade A office towers, and a luxury hotel – the first Mandarin Oriental in Zhejiang Province (Remarks: the photo is an artist’s impression for reference only)
Westlake 66 is located in the key area of Wulin Business Circle in Gongshu District and comprises 100,000 square meters of prestigious retail space, five Grade A office towers, and a luxury hotel – the first Mandarin Oriental in Zhejiang Province (Remarks: the photo is an artist’s impression for reference only)

Westlake 66 is located in the key area of Wulin Business Circle in Gongshu District and comprises 100,000 square meters of prestigious retail space, five Grade A office towers, and a luxury hotel – the first Mandarin Oriental in Zhejiang Province. Throughout the construction process, Hang Lung skillfully integrated commercial and cultural relics, preserving and reconstructing historical buildings at 5 Yesutang Lane and the ancient well of Yesutang, as well as restoring the historical building at 1 Jingqingli. Furthermore, the project preserves the ruins of Renhe County of the Southern Song Dynasty and the Yuan Dynasty at their original sites. By creating a compelling lifestyle hub where historical culture intertwines with modern life, Hang Lung continues to reaffirm its motto of "We Do It Well" and its relentless pursuit of excellence.

Westlake 66 has received Platinum pre-certification and Gold pre-certification from the U.S. Green Building Council for "Leadership in Energy and Environmental Design (LEED) for Core and Shell Development under the LEED V4.0: Building Design and Construction (LEED BD+C) rating system – Platinum Pre-certification." The entire portfolio has received China Green Building Design Label 3-Star certification as well. Additionally, Hang Lung has entered into a two-year strategic collaboration with the carbon capture, utilization, and storage (CCUS) company CLEANCO2 to reduce embodied carbon in the Westlake 66 development and in other projects. Westlake 66 is also the first commercial development project in Mainland China and Hong Kong to use low-carbon concrete bricks, which forms part of the Company's comprehensive plan to take action on reducing emissions in its construction projects.

The MIPIM Asia Awards, known as the "Oscars of the Asia Pacific real estate world," have recognized many projects under Hang Lung's portfolio in addition to Westlake 66. For more information about the Company's awards, please visit www.hanglung.com/en-us/about-us/awards-recognition?year=2023.

Hashtag: #HangLung

The issuer is solely responsible for the content of this announcement.

About Hang Lung Properties

Hang Lung Properties Limited (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 recognized for leading the way in enhanced sustainability initiatives in real estate as it pursues sustainable growth by connecting customers and communities.

At Hang Lung Properties – We Do It Well.

For more information, please visit .

News from Asia

SonicWall Redefines Cybersecurity, Sets New Standard with Next Generation Network Security Solutions Built for MSPs

Delivering peace of mind with layered security, co-managed services and a unified management platform, SonicWall is helping partners grow services profitably through its continued innovation levera...

BNM’s Policy Rate Call Looms: Octa Broker Highlights Inflation, Exchange Rate and Trade Challenges

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 6 May 2025 - This Thursday, Bank Negara Malaysia (BNM) will announce its policy rate decision. While most analysts expect no change, Octa Broker ...

TDCX retains rank as the top Southeast Asian outsourced CX provider

Among top 17 globally in OA500 Index that evaluates BPO firms worldwide SINGAPORE - Media OutReach Newswire - 7 May 2025 - TDCX, a leading global business process outsourcing (BPO) company for te...

NIA Eyes Green Tech Unicorns Within Three Years, Four Thai Startups Set to Showcase at ‘Web Summit Qatar 2025’ as Global Green Innovation Market Forecasts 25% Annual Growth Over the Next Decade

BANGKOK, THAILAND - Media OutReach Newswire - 7 May 2025 - The Ministry of Higher Education, Science, Research and Innovation (MHESI), through the National Innovation Agency (Public Organization)...

Trend Micro Delivers AI-Powered Threat Detection with AWS Infrastructure Support and NVIDIA Integration

Proactive security with AI-powered model built for modern enterprise workloads HONG KONG SAR - Media OutReach Newswire - 7 May 2025 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cyb...

Bee Choo Origin Strengthens CSR Efforts with Electric Van Donation to NKF

SINGAPORE - Media OutReach Newswire - 7 May 2025 – Bee Choo Origin, Singapore’s leading herbal hair care brand that specialises in hair fall treatment and oily scalp treatment, has reaffirmed it...

SMART launches new research group WISDOM to pioneer technologies that will help machines "see" like humans

Multi-million-dollar, three-and-a-half-year programme to advance Singapore’s optoelectronics and photonics capabilities and semiconductor industry, which generated over S$133 billion in 202...

Vingroup and the Rise of the ESG Ecosystem

Vingroup is positioning itself to lead Vietnam's ESG push, using its broad business network to drive sustainable growth at home and abroad, while eyeing partnerships in the Middle East's expanding ...

DFI Retail Group and Dingdong Announce Strategic Partnership With first-year sales target of HKD100 million

HONG KONG SAR - Media OutReach Newswire - 7 May 2025 - DFI Retail Group (DFI or the Group), and Dingdong (Cayman) Limited (Dingdong or DDL), a leading fresh food e-commerce platform in the mainlan...

Blue Cross Surpasses Market Average with Over 20% Growth in 2024

HONG KONG SAR - Media OutReach Newswire - 7 May 2025 - Blue Cross (Asia-Pacific) Insurance Limited ("Blue Cross") reported outstanding performance in the 2024 provisional statistics for Hong Kong ...

UNSW startup accelerator offers $200K to the next generation of Australian deeptech unicorns

UNSW Founders, Australia’s most recommended startup accelerator, has partnered with fund manager Luminary Partners to invest $200,000 each into 18...

The Future Is Now: AI Modernization Is Reshaping How Business Gets Done

The present business environment imposes stronger requirements on Australian organizations to match the fast-paced digital-first economy requireme...

Businesses losing an average of $493k from data integrity flaws

Managing data responsibly and effectively for the AI age can give organisations a strong competitive advantage, but many are failing to harness th...

AI shopping disruptor Zyft raises $7.5M to lead the next gen of retail tech

Zyft appoints new CEO, Richard Stevens, to lead the latest Waller Group success story, valued at $30 million SYDNEY, 28 April 2025: Zyft, the lea...

Little known law offers savvy Kiwis the opportunity to supercharge their retirement savings

A little-known legal amendment is being leveraged by savvy New Zealanders and expat Brits to supercharge their retirement savings. Not many peop...

Cutting edge AI technology designed for doctors to reduce patient wait times launched in NZ

New Zealand specialist doctors now have access to Artificial Intelligence technology to help reduce patient wait times and experts say it could be...

Sell by LayBy