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HKR International Limited
Company typePublic
SEHK: 480
IndustryConglomerate
PredecessorHong Kong Resort Company
FoundedMay 25, 1973; 51 years ago (1973-05-25) in Hong Kong
FounderDr. Cha Chi Ming
Headquarters23/F, China Merchants Tower Shun Tak Centre, 168 Connaught Road, Central,
Hong Kong

HKR International Limited (Chinese: 香港興業國際集團有限公司, abbreviated as HKRI) is a conglomerate headquartered in Hong Kong. The company was founded by Cha Chi-ming, a textile industrialist from Shanghai and one of the pioneers of Hong Kong's industrial boom in the 1950-70s.

History

HKR International is traced back to Hong Kong Resort Company Limited (“Hong Kong Resort”) founded in 1973.[1] In 1977, the company acquired the rights to Discovery Bay development on Lantau Island in an opaque and much criticized deal.[2] HKRI now manages Discovery Bay as a privately owned and operated town of 20,000 people.

HKRI is listed on the Stock Exchange of Hong Kong, with a stock code 00480. The company has interests in real estate development and investment, property management, hotels and serviced apartments, healthcare services and other investments in Hong Kong, Mainland China and other parts of Asia.[3]

Major development

Real estate development and investment

Real estate development and investment is the core business of HKRI across Asia, including Hong Kong, Mainland China, Thailand and Japan.[3] Discovery Bay on Lantau Island is its major project.[4] At present, there are over 8,000 households with a total population of about 20,000.[5]

Hong Kong

Covering a site area of 650 hectares (6,500,000 square metres), Discovery Bay has undergone continuous development.[6] Facilities in the community include a golf course, a marina, a manmade beach, two clubhouses, two shopping centres, education options ranging from kindergarten to secondary schools, and a developed transportation system (including high-speed ferry and bus services and a privately built vehicle tunnel).[6]

HKRI's other projects in Hong Kong include Villa LUCCA in Tai Po;[7] La Cresta in Kau To, Shatin;[8] 2GETHER in Wu On Street, Tuen Mun;[9] Coastal Skyline in Tung Chung;[10] and Discovery Park in Tsuen Wan.[11] Over the years, a total GFA of more than 1.4 million square metres has been developed. HKRI acquired a residential building Wellgan Villa in Kowloon Tong in 2019.[12]

For commercial properties, HKRI holds CDW Building in Tsuen Wan which includes a commercial building and a shopping centre named 8½.[13] Other commercial properties are: DB Plaza[14] and DBN Plaza[15] in Discovery Bay, as well as West Gate Tower in Cheung Sha Wan, [16] and United Daily News Centre in To Kwa Wan.[17]

Mainland China

The development projects of HKRI located in Shanghai, Zhejiang and Tianjin.

In Shanghai, HKRI has partnered with Swire Properties to develop a project called HKRI Taikoo Hui.[18] With a GFA of approximately 320,000 square metres, HKRI Taikoo Hui is a mixed-use complex comprising a retail centre, two Grade-A office towers, two hotels, one serviced apartment building,[19] a number of event venues and the “Cha House”, a revitalized historic building.[20]

HKRI Taikoo Hui locates in Jing’an district in Shanghai.[21] Key anchor tenants include the first international Starbucks Reserve Roastery and Tasting Room in Asia[22] and the largest CitySuper supermarket in mainland China. There are over 40 dining outlets, offering various types of cuisine, including Shanghai Club, the premium brand under Jardin de Jade,[23] and Paris Blanc, a grill house managed by Paris Group.[24]

HKRI has other residential projects in Zhejiang Province and Shanghai. City One in Jiaxing provides about 600 units, while the adjacent Riviera One, is composed of low- and high-rise apartment units. There are 3 other projects in Jiaxing, namely Mansion One, Creekside One and Starlight One.[25] Other projects include Oasis One and In One in Hangzhou,[26] Zhejiang, and Elite House, located in Changning District, Shanghai.[27] HKRI also acquired a piece of land in Shanghai in November 2021 for a low-density residential project.[28]

The Exchange is HKRI's investment property in Tianjin. It has a total GFA of over 152,000 square metres, and comprises two Grade-A office towers, a service apartment tower, and a retail mall named Heping Joy City – Tianjin.[29]

Thailand

The Sukhothai Residences is located in Bangkok's CBD and provides 196 units.[30] On top of The Sukhothai Residences, HKRI acquired a piece of freehold land on Wireless Road in 2010.[31] In December 2015, it further acquired 10 plots of land at Rama 3 Road by the Chaophraya River.[32] HKRI acquired another three plots of land located at Ramintra Road, Khannayao District, Bangkok, in February 2018.[33]

Japan

HKRI holds a plot as land bank with a site area of approximately 60,700 square metres in Niseko, Hokkaido, in the vicinity of Niseko Annupuri ski village.[34]

Hospitality

Hong Kong

In Hong Kong, Auberge Discovery Bay Hong Kong opened in 2013. The hotel provides 325 guest rooms.[35]

Discovery Bay Recreation Club & Club Siena[36]

Discovery Bay Golf Club[37]

Lantau Yacht Club (LYC) is one of the four membership clubs in Discovery Bay, and the first new marina to open in Hong Kong in more than a decade. The new marina is open in 2020 and is accredited as a 5 Gold Anchor Marina by the Marina Industries Association. [38]

Discovery Bay Ice Rink[39] was opened in May 2021.

Thailand

In Thailand, The Sukhothai Bangkok is located in the heart of city and is a member of the Design Hotels.[40] It has 210 guest rooms and suites, 7 restaurants and 11 function rooms.[41]

Shanghai

In Shanghai, The Sukhothai Shanghai is HKRI's third hotel[42] and was open in April 2018.[43]

References

  1. ^ Hong Kong Resort Company Limited (1987). NEW ISSUE. Hong Kong. p. 7.{{cite book}}: CS1 maint: location missing publisher (link)
  2. ^ "Hong Kong's Mega-Rich Kowtow in Beijing | Asia Sentinel". www.asiasentinel.com. Archived from the original on 2014-09-27.
  3. ^ a b "HKR International Ltd". www.hkri.com. Retrieved 2021-03-09.
  4. ^ "HKR International Ltd". www.hkri.com/en/Our-Businesses/Hong-Kong/Discovery-Bay. Retrieved 2021-03-09.
  5. ^ "地區概覽 | 2016年中期人口統計". www.bycensus2016.gov.hk (in Chinese (Hong Kong)). Retrieved 2018-03-20.
  6. ^ a b "HKR International Ltd". www.hkri.com. Retrieved 2021-03-09.
  7. ^ "HKR International Ltd-Our Business-Villa LUCCA". www.hkri.com. Retrieved 2022-10-03.
  8. ^ "HKR International Ltd-Our Business-La Cresta". www.hkri.com. Retrieved 2021-03-09.
  9. ^ "HKR International Ltd-Our Business-2GETHER". www.hkri.com. Retrieved 2021-03-09.
  10. ^ "HKR International Ltd-Our Business-Coastal Skyline". www.hkri.com. Retrieved 2021-03-09.
  11. ^ "HKR International Ltd-Our Business-Discovery Park". www.hkri.com. Retrieved 2021-03-09.
  12. ^ "HKR International Ltd-Our Business-Wellgan Villa". www.hkri.com. Retrieved 2021-03-09.
  13. ^ "HKR International Ltd-Our Business-CDW Building". www.hkri.com. Retrieved 2021-03-09.
  14. ^ "HKR International Ltd-Our Business-DB Plaza/D'Deck". www.hkri.com. Retrieved 2021-03-09.
  15. ^ "HKR International Ltd-Our Business-DB North Plaza". www.hkri.com. Retrieved 2021-03-09.
  16. ^ "HKR International Ltd-Our Business-West Gate Tower". www.hkri.com. Retrieved 2021-03-09.
  17. ^ "HKR International Ltd-Our Business-United Daily News Centre". www.hkri.com. Retrieved 2022-10-03.
  18. ^ "興業太古滙". www.swireproperties.com. Archived from the original on 2017-04-25. Retrieved 2018-03-20.
  19. ^ "HKR International Ltd". www.hkri.com. Retrieved 2018-03-20.
  20. ^ 陳嘉碧. "太古150年後再到上海發展 興業太古滙合作 源於一位好友牽線". 香港01. Retrieved 2018-03-20.
  21. ^ "南京西路交通条件最好的商场 兴业太古汇的招商情况如何？". www.sohu.com. 2016-10-29. Retrieved 2018-03-20.
  22. ^ "Starbucks Reserve Roastery Shanghai". Starbucks Reserve. Retrieved 2018-03-20.
  23. ^ "International brands open up for HKRI Taikoo Hui launch - Inside Retail". Inside Retail. 2017-11-06. Retrieved 2018-03-20.
  24. ^ "兴业太古汇正式宣布2017年开业，数载雕琢落成南京西路商圈-美通社PR-Newswire". PR Newswire. Retrieved 2018-03-20.
  25. ^ "HKR International Ltd-Our Business". www.hkri.com. Retrieved 2021-03-10.
  26. ^ "HKR International Ltd-Our Business-Mainland China". www.hkri.com. Retrieved 2022-10-03.
  27. ^ "HKR International Ltd-Our Business-Elite House". www.hkri.com. Retrieved 2021-03-10.
  28. ^ "HKR International Ltd-Our Business-Songjiang Land". www.hkri.com. Retrieved 2022-10-03.
  29. ^ "HKR International Ltd-Our Business-The Exchange". www.hkri.com. Retrieved 2021-03-10.
  30. ^ "HKR International Ltd-Our Business-The Sukhothai Residences". www.hkri.com. Retrieved 2021-03-10.
  31. ^ "HKR International Ltd-Our Business-Wireless Road". www.hkri.com. Retrieved 2021-03-10.
  32. ^ "HKR International Ltd-Our Business-Rama 3 Road". www.hkri.com. Retrieved 2021-03-10.
  33. ^ "HKR International Ltd-Our Business-Ramintra Road". www.hkri.com. Retrieved 2021-03-10.
  34. ^ "HKR International Ltd-Our Business-Niseko". www.hkri.com. Retrieved 2021-03-10.
  35. ^ "HKR International Ltd-Our Business-Auberge Discovery Bay". www.hkri.com. Retrieved 2021-03-10.
  36. ^ "HKR International Ltd-Our Business-DBRC & Club Siena". www.hkri.com. Retrieved 2021-03-10.
  37. ^ "HKR International Ltd-Our Business-DBGC". www.hkri.com. Retrieved 2021-03-10.
  38. ^ "HKR International Ltd-Our Business-LYC". www.hkri.com. Retrieved 2022-10-03.
  39. ^ "HKR International Ltd-Our Business-DBIR". www.hkri.com. Retrieved 2022-10-03.
  40. ^ "The Sukhothai Bangkok (Bangkok, Thailand) | Design Hotels™". Retrieved 2018-03-19.
  41. ^ "HKR International Limited". www.hkri.com. Retrieved 2019-02-12.
  42. ^ "HKR International Ltd". www.hkri.com. Retrieved 2018-03-20.
  43. ^ "The Sukhothai Hotel Shanghai". The Sukhothai Shanghai. Retrieved 2018-03-20.
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