property developers PHILOSOPHY
FAST FACTS
We collaborate the effort of a team of top experts who seek to emulate the standard of Hong Kong’s most luxurious property landscape.
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Address: No. 111-133 Kadoorie Avenue Unit size: about 1,200 square feet to 3,200 square feet Total number of units: 77 Clubhouse facilities: indoor swimming pool, Jacuzzi, reading zone, fitness room, children’s playroom
This page: Peaceful ambience and rich greenery along Kadoorie Avenue and in the neighborhoods Opposite page: Cindy Kwan, Director of CITIC Pacific Property Agents Limited of Kadoorie Hill’s magnificent mansions and secluded natural environment. Kadoorie Hill is one of the four cherished traditional luxury residential districts in Hong Kong, joining the Peak, Jardine’s Lookout and Shek O on Hong Kong Island. The development is scheduled for completion in the third quarter of 2016. Does KADOORIA exemplify CITIC’s motto of “Strive for Quality and Excellence”? Yes, it definitely does! Property development has been one of CITIC Pacific’s businesses since 1992 when it inherited a number of industrial and commercial properties with the acquisition of Dah Chong Hong Holdings. Throughout the years, a diversified property portfolio has been developed with extensive interests in residential, commercial and industrial developments, including Festival Walk, Discovery Bay, CITIC Tower, CITIC Telecom Tower, The Paragon, and Hang King Garden to name only a few. Our property team comprises experienced and accomplished professionals from a wide range of disciplines which include architecture, construction, engineering, surveying, property management and asset management. With the end-users’ requirements in mind, the CITIC Pacific team has been an outstanding developer capable of managing
high quality developments of different scales. KADOORIA will be a rare gem at Kadoorie Hill. Property development is a continuous process, what’s in CITIC Pacific’s pipeline? Going forward, CITIC Pacific will follow the Group’s strategy and continue to take a prudent and strategic approach in developing its real estate business in Hong Kong. The Company acquired a residential site with scenic sea and mountain views in Ma On Shan through Government land tender in May 2015 and we expect completion of the development in 2019. No details are available as yet, but we are placing great emphasis on minimising our environmental impacts and ensuring the well-being of the local communities. Would you say that CITIC Pacific’s CSR platform is reflected in every facet of its projects? Yes, definitely. Following the Group, our goals are to be leaders in the businesses in which we operate; to be leaders in corporate governance; and to make CITIC a place where employees want to work and to create value for our shareholders. We aim to achieve these through innovation, reform and openness. At CITIC, we emphasise our values of integrity, creativity, cohesion, harmony, dedication and excellence.
HONG KONG BUSINESS ANNUAL 2016 83