Business Daily Media

The Times


.

Hongkong Land launches Hong Kong’s first AI-powered intelligent facility management platform

Key highlights include:
  • The Integrated Facility Management Control Tower (IFMCT) unifies over 20 standalone building systems into a single AI-powered command centre and is poised for wider implementation, with plans to expand across Hongkong Land's regional portfolio.
  • The transition from reactive to proactive maintenance, powered by AI health analytics, has significantly reduced servicing frequency.
  • 66% of work orders have been automated, boosting operational efficiency and reducing disruptions.
HONG KONG SAR - Media OutReach Newswire - 21 August 2025 - Hongkong Land has launched the city's first AI-powered intelligent facility management platform, the IFMCT, setting a new industry standard for commercial property management and demonstrating the Company's commitment to PropTech innovation. Following a successful pilot at Alexandra House, which earned the Industry Excellence Award for best practice, the IFMCT has been scaled to Chater House and Exchange Square, demonstrating its adaptability. With proven results, Hongkong Land is now preparing to roll out the platform across its entire Central Portfolio by 2026.

Hongkong Land’s Centralized Monitoring Centre (CMC) in Exchange Square
Hongkong Land’s Centralized Monitoring Centre (CMC) in Exchange Square

Mr Michael Smith, Chief Executive, Hongkong Land, said:" This pioneering initiative stands as a testament to Hongkong Land's leadership in delivering forward-thinking sustainable solutions, highlighting the Group's long-standing culture of innovation and our commitment to creating lasting value for all our stakeholders. We're proud of the platform's success in Hong Kong and look forward to extending its impact across our regional portfolio."

The IFMCT unifies over 20 standalone building systems into a single platform - integrating the Building Management System (BMS), AI-driven Heating, Ventilation, and Air Conditioning Systems (HVAC), thermal comfort control, energy optimisation, and soft services such as cleaning, vendor management, procurement and tenant wellness monitoring. By leveraging real-time monitoring, advanced AI analytics, and 4D digital twin visualisation, the advanced system enhances operational efficiency and minimises disruptions, improving reliability and extending asset lifecycles.

The IFMCT drives operational excellence, accelerating decarbonisation efforts through close collaboration with tenants

The IFMCT automates workflows to optimise both hard and soft services, improving daily building operation as well as tenant experience. Shifting from traditional, reactive maintenance to a predictive, proactive model, the platform harnesses AI-powered health analytics to detect early signs of performance decline, preventing service interruptions.

For instance, Air Handling Units (AHUs) are managed like people: healthy units skip routine check-ups, while symptomatic ones receive priority servicing. This condition-based approach resulted in a 16% reduction in AHU maintenance effort after one year, cutting maintenance frequency from monthly to biannual, clearly demonstrating the tangible benefits of intelligent servicing. Other measurable outcomes include a 66% automation rate for work orders, and an 80% reduction in time needed to retrieve asset documentation. The platform has significantly decreased the volume of alarm monitoring calls to both tenants and vendors, streamlining communication.

As climate resilience takes on greater urgency, the IFMCT elevates the adaptability of buildings and operations through intelligent energy management. The platform balances energy demand and adjusts heating and cooling systems in response to forecasted weather patterns, helping Hongkong Land and its tenants reduce energy consumption and accelerate decarbonisation efforts.

Hongkong Land to scale the IFMCT regionally following successful pilot and Central Portfolio expansion

The IFMCT's standardised data structure enables seamless integration across markets, supporting Hongkong Land's regional expansion of intelligent property management solutions towards the ultra-premium integrated commercial properties strategy. Building on its success in Hong Kong, the platform is set to be deployed at Westbund Central in Shanghai, a development offering high-quality retail spaces, office towers, residences, hotels, and arts and cultural venues. This cross-market implementation reinforces Hongkong Land's position as a regional leader in building management technology.

Hashtag: #HongKongLand

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

Hongkong Land

Hongkong Land is a major listed property investment, management and development group. Founded in 1889, it is a market leader in the development of experience-led city centres that unlock value for generations by combining innovation, placemaking, exceptional hospitality and sustainability.

The Group focuses on developing, owning and managing ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. Its mixed-use real estate footprint spans more than 850,000 sq. m., with flagship projects in Hong Kong, Singapore and Shanghai. Its properties hold industry-leading green building certifications and attract the world's foremost companies and luxury brands.

The Group's Hong Kong Central portfolio represents some 450,000 sq. m. of prime property. LANDMARK, the luxury shopping destination of the Hong Kong Central portfolio, is undergoing a three-year, US$1 billion expansion and upgrade, which aims to reinforce the portfolio as a world-class destination for luxury, retail, lifestyle and business. The Group has a further 165,000 sq. m. of prestigious office space in Singapore, mainly held through joint ventures, and a portfolio of retail centres on the Chinese mainland, including a luxury retail centre at Wangfujing in Beijing.

In Shanghai, the Group owns a 43% interest in a 1.7 million sq. m. mixed-use project in West Bund. Due to complete in 2028, it will comprise Grade A offices, luxury and retail space, high-end waterfront residential apartments, hotels and convention and cultural facilities. Alongside LANDMARK, it forms part of the Group's CENTRAL Series of globally-recognised destinations for luxury and lifestyle experiences.

News from Asia

EBANX and NetEase Games Club bring local payment methods to Latin America’s booming video game market

Partnership unlocks card and local payment options for players in Brazil, Mexico, Argentina, Chile, and Peru as the region's gaming revenues outpace mature marketsSINGAPORE / GUANGZHOU, CHINA – Me...

MIMS Accelerates Product Innovation and International Growth

Launch of new products, market expansion and AI-enabled capabilities mark the next stage of growth for a global healthcare technology company anchored by six decades of trusted medical data and exp...

New iGarden K70 AI Pool Cleaner Launches in Australia: Smart Pool. Smarter Backyard.

SYDNEY, AUSTRALIA - Media OutReach Newswire - 28 September 2026 - Fairland Group's outdoor technology division, iGarden, announced the launch of the iGarden K70 AI Pool Cleaner, bringing extended ...

Lanson Place Celebrates Brand’s First Michelin Key

Lanson Place Parliament Gardens receives prestigious global accolade of One MICHELIN Key as the Melbourne property marks its second anniversaryHONG KONG SAR – Media OutReach Newswire – 28 Septembe...

Bosera HKEX KRX Semiconductor Index ETF Listed on HKEX

HONG KONG SAR – Media OutReach Newswire – 28 September 2026 – Bosera Asset Management (International) Co., Limited ("Bosera International") announced that the Bosera HKEX KRX Semiconductor Index E...

LEGOLAND® Discovery Centre Hong Kong’s "Brick or Treat" Returns with an Upgrade: Five Spooktacular Activities and a Chillingly Charming 4D Experience

Little Monsters Unleash Their Mischievous CharmHONG KONG SAR - Media OutReach Newswire - 28 September 2026 - Halloween is not just a crazy night for big monsters — cute little monsters can also jo...

Citi Leads Industry Dialogue on the Agentic Future of Finance in Hong Kong

Third annual forum co-hosted with Mastercard and FTAHK to explore how AI is reshaping financial servicesHONG KONG SAR – Media OutReach Newswire – 28 September 2026 – As artificial intelligence (AI...

DKSH and Grünenthal Announce New Partnership Agreement to Accelerate Access to Innovative Pain Management Solutions Across Eight Markets in Asia-Pacific

DKSH and Grünenthal have entered into a new regional partnership agreement covering eight Asia-Pacific markets. The collaboration combines Grünenthal’s leadership in pain management with DKSH Healt...

Chubb Life Hong Kong Unveils New Multi-Currency Insurance Plan

Latest addition to flagship MyLegacy Series offers greater flexibility for legacy planning needs New multi-currency insurance plan adds flexibility with a first-in-market settleme...

UnionPay Unveils Smart Payment Service Support Plan, Facilitating Cross-Border Payments for APEC "China Year"

SHENZHEN, CHINA – Media OutReach Newswire – 28 September 2026 – On September 24, UnionPay officially released the "Qianhai Smart Payment Service Support Plan for the 2026 APEC 'China Year'," aimed...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...