Hang Lung Secures 1038 West Nanjing Road Commercial Project in Shanghai

Reuters12-12

<a href="https://laohu8.com/S/HNLGF">Hang Lung</a> Secures 1038 West Nanjing Road Commercial Project in Shanghai

Hang Lung Properties Ltd. has announced the successful acquisition of the No. 1038 West Nanjing Road Commercial Project in Shanghai through a partnership with Shanghai Join Buy Group Co., Ltd. The redevelopment project, operating under a 20-year lease, will add approximately 96,000 square meters to Hang Lung's portfolio on West Nanjing Road, increasing its total gross floor area in the area by about 44% to roughly 312,335 square meters. This milestone aligns with Hang Lung's V.3 strategy, focusing on capital-efficient reinvestment and asset optimization to reinforce its leadership in core cities and support Shanghai's status as a premier international consumption destination. The project aims to foster a vibrant local community, enhance cultural offerings, and drive sustainable revenue growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hang Lung Properties Ltd. published the original content used to generate this news brief on December 12, 2025, and is solely responsible for the information contained therein.

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The redevelopment project, operating under a 20-year lease, will add approximately 96,000 square meters to <a href=\"https://laohu8.com/S/HNLGY\">Hang Lung</a>'s portfolio on West Nanjing Road, increasing its total gross floor area in the area by about 44% to roughly 312,335 square meters. This milestone aligns with <a href=\"https://laohu8.com/S/00010\">Hang Lung</a>'s V.3 strategy, focusing on capital-efficient reinvestment and asset optimization to reinforce its leadership in core cities and support Shanghai's status as a premier international consumption destination. The project aims to foster a vibrant local community, enhance cultural offerings, and drive sustainable revenue growth.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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