HKR International Limited (“HKRI”) has been rooted in Hong Kong for nearly half a century, actively developing Discovery Bay into a world-class resort-style integrated destination. It has successfully established multiple high-quality residential projects and leisure commercial hotspots. Currently, the Group’s other flagship project in Shanghai, HKRI Taikoo Hui, has reached a new milestone with the unveiling of “The Louis”, a bespoke concept landmark by Louis Vuitton. This milestone underscores the mall’s strategic focus on introducing flagship and concept stores with top-tier brands, highlighting HKRI Taikoo Hui’s collaborative approach to lead experiential retail with international brands. Nestled in the prime commercial district of Nanjing West Road of Shanghai, HKRI Taikoo Hui has achieved significant progress since the launch of “HKRI Taikoo Hui 2.0 Upgrade” in 2022, further solidifying its position as a premier fashion and lifestyle landmark. Public spaces have also been thoughtfully planned to include immersive digital media experiences, themed markets, and international art events, breathing life into the city and creating new lifestyles.


Shanghai Flagship Commercial Project Leads Experiential Retail Trend

HKRI Taikoo Hui in Shanghai, inaugurated in 2017, is HKRI’s flagship commercial property project in mainland China. The recent unveiling of “The Louis” by Louis Vuitton at HKRI Taikoo Hui has captivated visitors withs its stunning architectural presence where the brand curates its vision of travel – from Louis Vuitton store, to Le Café Louis Vuitton, and the exhibition “Visionary Journeys” which immerses visitors into a transcendent voyage through time and space, the whole space draws on Louis Vuitton’s craftsmanship to infuse history, the future, culture and imagination. Today’s consumers prioritise experiential retail, necessitating commercial spaces to evolve beyond mere transactional functions into platforms that inspire, encourage exploration and create value. The opening of “The Louis” resonates with this shift, offering a unique experience and further cements HKRI Taikoo Hui’s position as a premier hub for cultural expression and brand innovation.

Upon the mall’s grand opening, HKRI Taikoo Hui already welcomed the only Starbucks Reserve® Roastery in mainland China. Since HKRI Taikoo Hui 2.0 Upgrade commenced in 2022, the project has partnered with numerous prestigious brands to curate themed retail spaces, including DIOR Beauty flagship store, China’s largest Zimmermann flagship store and BALENCIAGA flagship store, the world’s first-ever Zegna Caffè, IWC’s concept store, and the first Harrods Tea Room in China. 

Ms. Connie Ting, General Manager of Leasing and Management, mentioned, “With Hong Kong and the Yangtze River Delta serving as HKRI’s dual engines for long-term growth, ‘HKRI Taikoo Hui 2.0 Upgrade’ marks a significant milestone in the Group’s strategic development. The completion of the first phase of renovations in the North Piazza of HKRI Taikoo Hui greatly enhances connectivity, facilitating the successfully arrival of ‘The Louis’. Leveraging the competitiveness and premium amenities of HKRI Taikoo Hui, and together with its 2.0 Upgrade, we will continue to optimise our portfolio of high-end brand tenants, attracting more international brands, and injecting new vitality into the Nanjing West Road commercial district.” 


Uphold Investment Plan in Premium Residential Projects in Yangtze River Delta Region

HKRI continues to advance its strategic presence in the Yangtze River Delta through a dual-track approach, focusing on the development of high-end commercial properties and premium residential projects. By incorporating Hong Kong business ethos and construction standards, HKRI has consistently received market recognition. Mr. Mike Wang, General Manager of Business Development and Marketing, commented, “With more than a decade of experience in developing premium residential projects in the Yangtze River Delta region, HKRI is dedicated to investing in quality developments in key cities, supported by a diversified sales strategy.”

The residential plot in Shanghai’s Songjiang District, “River One”, is located at the starting point of the G60 Science and Technology Innovation Corridor which attracts numerous tech enterprises and talents. To date, over 90% of the units have been sold, with all apartment units sold out. Jiaxing, which is within a 30-minute high-speed rail circle of Shanghai, is a market that HKRI has entered since 2014. The Group has launched six residential projects in this city, all of which have been well-received. HKRI’s latest project in Jiaxing, “Sienna One,” has commenced marketing and promotional activities, and is scheduled to launch pre-sales in the four quarter this year.


Actively Explore Light Asset Management to Expand International Hospitality Portfolio

Mr. Mike Wang continued, “In parallel, we are actively exploring a new business model in light asset management. The Group’s hotel brands ‘Auberge Discovery Bay Hong Kong’ and ‘The Sukhothai Hotels & Resorts’ has extensive experiences in managing and operating premium hotels, with properties in Hong Kong, Shanghai and Bangkok, which all have garnered various accolades and established a strong reputation among high-end consumers. The Sukhothai Shanghai, located within the commercial complex of HKRI Taikoo Hui in Shanghai, is conveniently adjacent to the newly unveiled ‘The Louis’. As this stunning new venue seamlessly blend shopping, dining, and art, it attracts a high-end clientele that complements the hotel’s offerings. We will seek strategic partnerships globally to enhance the value of our hotel brands. Amid an increasingly dynamic and evolving market landscape, it is anticipated that light asset management will assist the Group in expanding its international hospitality footprint.”


About HKR International Limited
HKR International Limited has diversified interests in real estate development and investment, property management, luxury hotels and serviced apartments, and other investments in Hong Kong, mainland China and across Asia.

The Company’s diverse portfolio includes Discovery Bay and CDW Building in Hong Kong, HKRI Taikoo Hui in Shanghai, and a number of premium residential properties under development in Shanghai, Jiaxing and Hangzhou. HKRI has been listed on The Stock Exchange of Hong Kong since 1989, under the Stock Code of 00480.
Website: www.hkri.com


About HKRI Taikoo Hui
HKRI Taikoo Hui is a landmark mixed-used development in Shanghai, strategically located in the prime location on the Nanjing West Road commercial district. The development comprises a shopping mall, two Grade A office towers, two boutique hotels, one serviced apartment building, and a historic mansion Cha House. The commercial complex features a parallel layout of Shimen Road (No.1), the south-north corridor inside the mall, and Discovery Boulevard, along with two large open-air event venues, North Piazza and South Garden, a multi-functional Event Centre, and a unique Roof Garden in the heart of the city.

HKRI Taikoo Hui is a 50/50 joint venture between HKR International and Swire Properties. These entities own and manage the complex together. Through a pioneering business model that emphasizes symbiotic progress with the city, brands, and consumers, the complex inherits the vibrant legacy of the century-old Nanjing West Road neighborhood and creates a world-class, bespoke experiences, establishing itself as a remarkable new landmark in Shanghai.

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This press release is issued by HKR International Limited.