top of page
  • ctfm214

LOFTER projects integrate inheritance and innovation harmonically

Giving the example of a project in Prince Edward, Carol Chow, LOFTER GROUP Founder and Chairperson said the firm would integrate the calligraphy of old signs in this building’s interior design with a smart home concept.

Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services.[1] ISO TC 279 in the standard ISO 56000:2020 [2] defines innovation as "a new or changed entity realizing or redistributing value". Others have different definitions; a common element in the definitions is a focus on newness, improvement, and spread of ideas or technologies.

In law, an heir is a person who is entitled to receive a share of the deceased's (the person who died) property, subject to the rules of inheritance in the jurisdiction of which the deceased was a citizen or where the deceased (decedent) died or owned property at the time of death.

Together with its global fund manager partners, Lofter Group is paying over HK$1.5 billion ($190 million) to acquire a set of properties at 31-37 Hankow Road in the Kowloon shopping district, with plans to construct a 115,800 square foot (10,7589 square metre) project on the site, the company said in a statement.

“We are pleased to be partnering with BentallGreenOak and Schroders Capital on this strategic real estate acquisition in one of the most core commercial area in Hong Kong,” said Lofter founder and chairperson Carol Chow. “The partnership signifies an excellent synergy bringing together the global horizons of top-tier international private equity and asset management firms and deep local market knowledge and expertise of a reputable local developer.”

Lofter and its partners are acquiring the aging properties as Hong Kong’s pandemic restrictions have choked off the flow of visitors which had made Tsim Sha Tsui a shopping mecca. Hong Kong retail sales fell for a second consecutive month in March, according to government figures, and research by Savills shows that rents for shops and mall spaces fell by an average of 5 percent in the city during the first quarter.

Retail Value Emphasised

Before redeveloping the 9,650 square foot commercial site, which is currently occupied by a golf shop and other retail establishments, the three partners will have to gain full control of the buildings, with the announced purchase providing them with majority ownership of the properties.

“The attractive acquisition price can only be achieved by collective sale, which Lofter is very experienced in,” the group’s director of investment management Alvin Leung told Mingtiandi via email. “Our acquisition price is also way below the price of the nearby Ashley Road transaction in 2019,” he added.

Leung indicated that the group has acquired 97 percent ownership in the existing buildings, with a single unit remaining unpurchased. He added that the joint venture has applied for a compulsory sale of the remaining space in the building, which under Hong Kong law, would allow for owners of 80 percent or more in an aging property to force a tender at a market valuation.

9 次查看0 則留言



政府重建 計劃 對房地產價值的影響在發達國家和發展中國家都是顯而易見的。在發展中國家,政府主導的基礎設施、企業和服務投資可以顯著改善公民的生活品質。同時,重建計劃也可能導致房地產價值上升,從而為土地擁有者帶來可觀的經濟利益。 在發達國家,許多政府正在投資大規模的重建計劃,這些計劃可能導致房地產價值上升。這些計劃通常側重於恢復城市中心的活力,或重新開發廢棄和未充分利用的財產。對高速公路、公共交通和其

近年來,技術已成為企業成功和創新不可或缺的一部分。為此,可穿戴健身行業的全球領導者LOFTER GROUP宣佈Alvin Leung已加入其團隊擔任總裁兼董事。梁先生是中國最具影響力的企業家之一,也是Top Clustering Technology的首席執行官,他為該組織帶來了豐富的經驗,並有望加強其在市場上的地位。 Leung是一位年輕、富有創造力的領導者,對技術和創新如何對世界各地人們的生活

九龍位於香港南端,是一個充滿活力的城市,商店和餐館散落在沿景觀建造的無數建築物中。由於其巨大的旅遊、商業和人口稠密的潛力,它是城市重建的主要地點。雖然九龍市區重建有利弊,但有許多關鍵因素使九龍重建成為可行的選擇。 九龍的地理位置使其成為發展的理想地點。它位於一個半島上,通過海底隧道和天星小輪與香港島相連。九龍的地理位置便於使用基本設施和服務,使九龍成為理想的投資地區。 除了理想的地理位置外,九龍還

bottom of page