Hongkong Land Set to Rework LANDMARK into Extremely-luxury Vacation spot of Tomorrow in Central, Hong Kong

HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – Lengthy Hong Kong’s epicentre of luxurious experiences, Hongkong Land’s LANDMARK is about to evolve into the town’s final way of life vacation spot for international fashionistas, epicureans, and artwork devotees. As a time-honoured mecca for all issues opulent, LANDMARK has persistently provided distinctive experiences, and this transformation will additional cement its preeminent standing.

Hongkong Land pronounces its roadmap to remodel LANDMARK into an ultra-luxury vacation spot. The reimagined LANDMARK will elevate Hong Kong’s luxurious way of life to new heights, unveiling an unrivalled convergence of Maison locations created by the world’s most coveted luxurious manufacturers.

With a complete funding anticipated to exceed US$1 billion (HK$7.8 billion) from each Hongkong Land and its tenants, Hongkong Land is orchestrating the biggest retail transformation of its Central Portfolio, located within the coronary heart of Hong Kong. This evolution of LANDMARK will unfold over the subsequent three years, in phases, whereas LANDMARK will stay open all through this era.

Anchor tenants of LANDMARK will greater than double their footprints, elevating their retail ideas throughout awe-inspiring two-to-eight-storey Maison locations, a few of which will probably be among the many largest obtainable for the manufacturers around the globe.

The reimagined LANDMARK will elevate Hong Kong’s luxurious way of life to new heights, unveiling an unrivalled convergence of Maison locations created by the world’s most coveted luxurious manufacturers, new alternatives for best-in-class eating ideas, an beautiful jewelry and watch boulevard, curated universe for magnificence and up to date vogue, in addition to immersive experiential areas devoted to artwork.

“Central has been the barometer of the town’s transformations for over a century, so growing LANDMARK marks an necessary chapter that may outline the way forward for luxurious experiences in Hong Kong and the remainder of the world,” stated Mr Alvin Kong, Govt Director, Hongkong Land.

“This strategic transformation is a pivotal milestone exemplifying our GLOBAL CENTRAL imaginative and prescient – to create world-class luxurious way of life and retail locations that function gravitational hubs for the world’s most prestigious manufacturers and discerning customers,” he stated.

LANDMARK will introduce newly curated universe for magnificence and up to date vogue, in addition to a jewelry and watch boulevard, which is able to place Central amongst the world’s most prestigious addresses equivalent to Paris’ Place Vendôme.

Final Luxurious Vacation spot

Supported by 10 of the world’s most prestigious manufacturers and an expanded ensemble of long-standing tenants, the reworked LANDMARK will usher in a brand new period of ultra-luxury. Anchor tenants will greater than double their footprints to over 220,000 sq. ft. (21,000 sq. m.), elevating their retail ideas throughout awe-inspiring two-to-eight-storey Maison locations, a few of which will probably be among the many largest obtainable for the manufacturers around the globe.

These expansive new canvases will grant the partnering manufacturers unparalleled flexibility to completely realise their most formidable inventive visions. With the creation of 10 Maison locations, the reimagined LANDMARK will turn into a rarefied vacation spot providing extremely unique experiences equivalent to high fashion ateliers, personal eating ideas, bespoke concierge providers, and double-heighted salons for his or her Very Vital Clients (VIC). Notably, 4 manufacturers may have the chance to debut al fresco terraces, permitting their valued clientele to get pleasure from a glass of champagne whereas taking within the magnificence and buzz of tomorrow’s Central.

On completion, LANDMARK will home a number of the best international expressions of those world’s most coveted luxurious manufacturers, all inside lower than half a sq. kilometre, within the coronary heart of Hong Kong.

Upholding its holistic imaginative and prescient and the individuality of Central, LANDMARK will retain its diversified retail providing of over 200 tenants, which incorporates upcoming and legacy manufacturers which were long-term companions of Hongkong Land, a few of that are unique to LANDMARK, Hong Kong.

Hongkong Land can also be partnering with worldwide public sale home Sotheby’s to show artwork appreciation into true immersion as Sotheby’s 24,000 sq. ft. (2,230 sq. m.) state-of-the-art immersive exhibition will open in LANDMARK CHATER from July 2024.

LANDMARK may also uplift its luxurious retail expertise by introducing a newly curated universe for magnificence and up to date vogue, in addition to a jewelry and watch boulevard, which is able to place Central amongst the world’s most prestigious addresses equivalent to Paris’ Place Vendôme.

Redefining Gastronomy and Hospitality

From extremely sought-after eating places to esteemed Michelin-starred indulgences, LANDMARK affords a unprecedented culinary panorama. That includes a formidable 16 Michelin stars below one roof at the moment, LANDMARK will proceed to strengthen its standing as a worldwide epicurean vacation spot. Complementing latest openings equivalent to Forty-5 and Basehall 02, LANDMARK will amplify its gastronomic repertoire with over 30 new and refreshed ideas, presenting an distinctive array of over 100 distinctive eating and consuming choices throughout roughly 260,000 sq. ft. (24,000 sq. m.) of huge F&B area.

Two new-built premium eating places are set to debut in LANDMARK PRINCE’S with a stunningly designed glass façade, providing panoramic vistas over the traditionally wealthy Statue Sq..

Two new-built premium eating places are set to debut in LANDMARK PRINCE’S with a stunningly designed glass façade, providing panoramic vistas over the traditionally wealthy Statue Sq.. Moreover, the long-lasting twenty fifth Ground restaurant and terrace of LANDMARK PRINCE’S will probably be reworked into a brand new eating and bar idea spearheaded by a coveted and revolutionary operator. Many extra thrilling new eating locations are additionally within the works at LANDMARK ATRIUM.

To prime it off, The Landmark Mandarin Oriental, Hong Kong, can also be poised for a brand new chapter. Acclaimed Hong Kong designer, Joyce Wang, will infuse the resort with beautiful craftsmanship, elevating the visitor expertise by reimagined wellness areas and thrilling new eating venues.

Magnificence Meets Eco-Consciousness

With a powerful sense of eco-consciousness, Hongkong Land has set particular sustainability ambitions for the transformation undertaking, with in depth use of inexperienced constructing supplies, together with 100% low carbon concrete, 100% inexperienced rebar and 100% sustainable timber. Moreover, 80% of development plant and tools used within the undertaking will probably be electrical to cut back carbon emissions.

Upon completion, LANDMARK goals to safe a number of of the best environmental, well being and security, and wellbeing certifications together with BEAM Plus Interiors, LEED Business Interiors and WELL, making it one of many greenest property upgrades in Hong Kong.

Hongkong Land at this time unveils a metamorphosis plan to additional elevate its Central Portfolio, cementing Hong Kong’s standing as a world-class premier vacation spot for retail and enterprise. (From left to proper) Alexander Li, Chief Retail Officer, Business Property, Hong Kong & Macau, Hongkong Land; Michael Smith, Chief Govt, Hongkong Land; Michael Wong, GBS, JP, Deputy Monetary Secretary; John Witt, Group Managing Director, Jardine Matheson; and Alvin Kong, Govt Director, Hongkong Land, attend the announcement occasion.

Charting a International Central Idea

Hong Kong is a globally revered luxurious vacation spot. In response to PwC, the dimensions of Hong Kong’s private luxurious market is projected to succeed in HK$125.8 billion (US$ 16.1 billion) by 2030. Often known as the time-honoured mecca internet hosting the town’s most discerning clientele, LANDMARK is well-positioned to seize this distinctive progress of the luxurious market with its transformation plan.

“Luxurious manufacturers see this metropolis as house to a few of their most refined clientele, and we now have strong knowledge to assist our confidence,” stated Alexander Li, Chief Retail Officer, Business Property, Hong Kong & Macau of Hongkong Land. “Our most loyal shoppers, who represented 80% of gross sales from our loyalty programme, spent a median HK$1 million with us in 2023, and so they bought at LANDMARK each different week.”

The transformative transfer in its Central Portfolio varieties a part of Hongkong Land’s imaginative and prescient to form a GLOBAL CENTRAL idea – establishing world-class epicentres for ultra-luxury retail, enterprise and tourism on the coronary heart of the world’s most dynamic cities. This GLOBAL CENTRAL vacation spot in Hong Kong will boast a group of the world’s most luxurious and discerning manufacturers, cultivating a singular ecosystem with worldwide enchantment.

As Hongkong Land’s house, the reimagined LANDMARK will probably be a cornerstone for its international ambitions, with this mannequin serving because the inspiration to form an interconnected community of premier international way of life locations, together with in Shanghai’s West Bund space and past.

“Our ambition is to remodel, redefine and lead the luxurious panorama. Along with our luxurious tenants who share this visionary spirit, we stay up for making a world-class luxurious way of life vacation spot that may captivate discerning customers for years to come back, not solely in Hong Kong, however throughout the globe,” Alex added.

Voices of Luxurious: Tenant Views

Some key luxurious tenants have shared their views on the shared imaginative and prescient for LANDMARK’s transformation:

“Louis Vuitton is proud to be part of this visionary undertaking with Hongkong Land. Over a number of many years, we now have developed particular relationships with our loyal shoppers at LANDMARK and we stay up for offering them with much more elevated experiences in future,” stated Robert Calzadilla, North Asia President, Louis Vuitton.

“Dior has been a long-standing accomplice with Hongkong Land since 1995 and we cherish our location within the coronary heart of LANDMARK ATRIUM. We stay up for be a part of this formidable transformation of LANDMARK, reinforcing its enchantment as probably the most luxurious buying locations on this planet,” stated Jean-Baptiste Debains, President Asia Pacific, Christian Dior Couture.

“The colourful vitality and cultural richness of Hong Kong have persistently been an inspiration for us. What makes this metropolis so distinctive is its reverence for heritage whereas welcoming creativity, just like the values of Van Cleef & Arpels. Consumers in Hong Kong have refined tastes and real curiosity and are open minded and receptive to new inventive ideas. This creates a perfect setting for showcasing distinctive inventive choices,” stated Julie Clody Medina, President, Asia Pacific, Van Cleef & Arpels.

“Hongkong Land has been a key accomplice of PRADA Group since we opened our first retailer in Asia Pacific over 30 years in the past in LANDMARK, the testimony of a long-lasting collaboration, and of the strategic presence for the Group inside the luxurious vacation spot. We share a typical imaginative and prescient, whose final purpose is offering a unprecedented one to 1 buyer expertise, with tailor-made providers to the ever-changing luxurious clientele,” stated Giulio Brini, Managing Director of Prada Asia Pacific.

“LANDMARK has lengthy been a key international location for Tiffany & Co. We’re excited to be part of this transformation with Hongkong Land, and have formidable plans to create an unforgettable new expertise for our shoppers in Hong Kong,” stated Maxence Kinget, President Better China of Tiffany & Co.

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Hongkong Land

Hongkong Land is a significant listed property funding, administration and improvement group. Based in 1889, Hongkong Land’s enterprise is constructed on excellence, integrity and partnership.

The Group owns and manages greater than 850,000 sq. m. of prime workplace and luxurious retail property in key Asian cities, principally Hong Kong, Singapore, Beijing and Jakarta. Its properties entice the world’s foremost firms and luxurious manufacturers.

The Group’s Central Hong Kong portfolio represents some 450,000 sq. m. of prime property. It has an additional 165,000 sq. m. of prestigious workplace area in Singapore primarily held by joint ventures, 4 retail centres on the Chinese language mainland, together with a luxurious retail centre at Wangfujing in Beijing, and a 50% curiosity in a number one workplace complicated in Central Jakarta. The Group additionally has a variety of high-quality residential, industrial and mixed-use tasks below improvement in cities throughout China and Southeast Asia, together with a 43% curiosity in a 1.1 million sq. m. mixed-use undertaking in West Bund, Shanghai. Its subsidiary, MCL Land, is a well-established residential developer in Singapore.

Hongkong Land Holdings Restricted is integrated in Bermuda and has a major itemizing on the London Inventory Change, with secondary listings in Bermuda and Singapore. The Group’s property and investments are managed from Hong Kong by Hongkong Land Restricted. Hongkong Land is a member of the Jardine Matheson Group.

About LANDMARK

LANDMARK represents the epitome of top-tier luxurious buying and way of life experiences. Drawing from a wealthy heritage which started in 1904 – LANDMARK at this time is the luxurious buying vacation spot of Hongkong Land’s Central portfolio together with 4 iconic related buildings, LANDMARK ATRIUM, LANDMARK ALEXANDRA, LANDMARK CHATER and LANDMARK PRINCE’S. LANDMARK affords roughly 208 of the best shops and eating places, all seamlessly linked by pedestrian bridges. From excessive vogue and equipment to watches and jewelry, from luxurious residing to magnificence and grooming, from worldwide delicacies to genuine connoisseur eating, LANDMARK brings the last word buying expertise to the discerning buyer.

Official Web site: https://www.landmark.hk/en
Official Fb: fb.com/Landmark.hk/
Official Instagram: @landmarkhk

Information Supply: Hongkong Land