Hongkong Land and Luxurey Retail Tenants to Invest More Than US$1 Bilion (HK$7,8 Bilion) in Landmark, Hongkong

Thursday 27 Jun 2024, 12 : 25 pm
John Witt, Group Managing Director of Jardine Matheson, welcomes Hongkong Land’s transformative project, which will cement Central’s status as a world-class retail, dining and business hub. The project aligns with Jardines’ long held drive to grow our businesses alongside our communities, with the vision to capture long-term opportunity.

Expanded global Maison spaces and diversified retail

Three unique Maison destinations of between two and eight storeys will be created in each of LANDMARK ATRIUM, LANDMARK ALEXANDRA, and LANDMARK PRINCE’S, while one will be developed in LANDMARK CHATER, doubling the retail areas of the 10 luxury brands to over 220,000 sq. ft. (21,000 sq. m.).

The enlarged spaces will enable brands to showcase the widest assortment of products and create highly personalised services for their Very Important Customers (‘VIC’) including haute couture, private dining concepts, outdoor terraces and double-heighted VIC salons. The eye-catching, extensive upgrades of building facades will transform Central’s cityscape.

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On completion, LANDMARK will house some of the best expressions of these 10 brands anywhere in the world, within less than half a square kilometre. Hongkong Land is also partnering with international auction house Sotheby’s to turn art appreciation into true immersion as Sotheby’s 24,000 sq. ft. (2,230 sq. m.) state-of-the-art exhibition space opens in LANDMARK CHATER from July 2024.

Alexander Li, Chief Retail Officer, Commercial Property, Hong Kong & Macau, Hongkong Land; Michael Smith, Chief Executive, Hongkong Land; The Hon Michael WONG Wai-lun, GBS, JP, Deputy Financial Secretary of the Government of the Hong Kong Special Administrative Region; John Witt, Group Managing Director, Jardine Matheson; and Alvin Kong, Executive Director, Hongkong Land (from left to right) attend the announcement event of Hongkong Land’s strategic investment in LANDMARK and the Central Portfolio.
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