Celebrating 65 Years of Innovation: Hang Lung Properties' Journey Towards a Sustainable Future
April 4, 2025, 4:29 pm
In the bustling cities of China, where skyscrapers pierce the sky and urban life thrives, Hang Lung Properties Limited stands as a beacon of innovation and sustainability. As the company celebrates its 65th anniversary, it reflects on a journey marked by transformation, collaboration, and a commitment to shaping the future of real estate.
Founded in 1960, Hang Lung has evolved from a local player into a formidable force in the real estate sector. Its journey is akin to a river carving its path through rock—steady, persistent, and impactful. The company has developed a diverse portfolio of properties across major cities, including Shanghai, Wuxi, and Wuhan. Each project tells a story of ambition and vision, blending luxury with community needs.
This year, the company commemorates its legacy with a series of events, including the launch of the “Wiggle We Go” tour. This vibrant cultural-retail experience is not just a celebration; it’s a testament to Hang Lung’s ability to adapt and innovate. Partnering with Korea’s pop-culture phenomenon, Wiggle Wiggle, the company is transforming its properties into immersive wonderlands. Each mall will feature whimsical installations that merge art and commerce, creating spaces where shopping becomes an experience rather than a chore.
The “Wiggle We Go” event kicks off at Center 66 in Wuxi, setting the stage for a nationwide celebration. It’s a strategic move that intertwines global trends with local culture, reinforcing Hang Lung’s position as the “Pulse of the City.” This initiative exemplifies the company’s commitment to engaging with the community, fostering connections that go beyond mere transactions.
But the anniversary is not just about celebration; it’s also a moment of reflection. Hang Lung’s partnership with Tsinghua University, now in its 15th year, highlights the company’s dedication to sustainable urban development. This collaboration has produced over 500 research papers, establishing the Hang Lung Center for Real Estate as a leading think tank in the industry. The center serves as a bridge between academia and practice, driving innovation in real estate and addressing the pressing challenges of urbanization.
At a recent forum marking this partnership, industry leaders and academics gathered to discuss the future of real estate. The discussions revolved around emerging trends, carbon reduction, and the importance of green building development. The dialogue is crucial as China strives to meet its dual carbon goals. Hang Lung is at the forefront of this movement, committed to achieving net-zero carbon emissions by 2050. This ambitious target is not just a corporate goal; it’s a pledge to the planet and future generations.
Sustainability is woven into the fabric of Hang Lung’s operations. The company has invested over RMB 33 million in promoting Tsinghua University’s real estate discipline, underscoring its commitment to education and research. Initiatives like the “Sustainable Real Estate Research Scheme” focus on green buildings and smart cities, aligning with global sustainability trends. Hang Lung’s efforts have not gone unnoticed; the company has received numerous awards for its environmental, social, and governance (ESG) initiatives.
In 2024, Hang Lung achieved an “A” rating for Climate Change from the CDP, a testament to its leadership in sustainability. The company’s properties are increasingly powered by renewable energy, with 50% of its operating properties in mainland China utilizing clean energy sources. This shift is not just about compliance; it’s about setting a standard for the industry.
As Hang Lung looks to the future, it aims to deepen its ties with industry leaders, policymakers, and academics. The company understands that collaboration is key to navigating the complexities of urban development. By fostering partnerships, Hang Lung is positioning itself as a leader in sustainable real estate, ready to tackle the challenges of tomorrow.
The “Wiggle We Go” tour is just the beginning of a year filled with celebrations and initiatives. Hang Lung plans to unveil more signature events that engage customers and communities, reinforcing its commitment to innovation and collaboration. Each event is a reminder that real estate is not just about buildings; it’s about people, experiences, and the environment.
In conclusion, Hang Lung Properties’ 65th anniversary is a celebration of its past, present, and future. The company’s journey is a testament to resilience and adaptability in a rapidly changing world. As it continues to innovate and lead in sustainability, Hang Lung is not just building properties; it’s building a legacy. A legacy that will inspire future generations to dream big and act responsibly. In the grand tapestry of urban development, Hang Lung is weaving a narrative of hope, sustainability, and community engagement. The future is bright, and Hang Lung is ready to embrace it.
Founded in 1960, Hang Lung has evolved from a local player into a formidable force in the real estate sector. Its journey is akin to a river carving its path through rock—steady, persistent, and impactful. The company has developed a diverse portfolio of properties across major cities, including Shanghai, Wuxi, and Wuhan. Each project tells a story of ambition and vision, blending luxury with community needs.
This year, the company commemorates its legacy with a series of events, including the launch of the “Wiggle We Go” tour. This vibrant cultural-retail experience is not just a celebration; it’s a testament to Hang Lung’s ability to adapt and innovate. Partnering with Korea’s pop-culture phenomenon, Wiggle Wiggle, the company is transforming its properties into immersive wonderlands. Each mall will feature whimsical installations that merge art and commerce, creating spaces where shopping becomes an experience rather than a chore.
The “Wiggle We Go” event kicks off at Center 66 in Wuxi, setting the stage for a nationwide celebration. It’s a strategic move that intertwines global trends with local culture, reinforcing Hang Lung’s position as the “Pulse of the City.” This initiative exemplifies the company’s commitment to engaging with the community, fostering connections that go beyond mere transactions.
But the anniversary is not just about celebration; it’s also a moment of reflection. Hang Lung’s partnership with Tsinghua University, now in its 15th year, highlights the company’s dedication to sustainable urban development. This collaboration has produced over 500 research papers, establishing the Hang Lung Center for Real Estate as a leading think tank in the industry. The center serves as a bridge between academia and practice, driving innovation in real estate and addressing the pressing challenges of urbanization.
At a recent forum marking this partnership, industry leaders and academics gathered to discuss the future of real estate. The discussions revolved around emerging trends, carbon reduction, and the importance of green building development. The dialogue is crucial as China strives to meet its dual carbon goals. Hang Lung is at the forefront of this movement, committed to achieving net-zero carbon emissions by 2050. This ambitious target is not just a corporate goal; it’s a pledge to the planet and future generations.
Sustainability is woven into the fabric of Hang Lung’s operations. The company has invested over RMB 33 million in promoting Tsinghua University’s real estate discipline, underscoring its commitment to education and research. Initiatives like the “Sustainable Real Estate Research Scheme” focus on green buildings and smart cities, aligning with global sustainability trends. Hang Lung’s efforts have not gone unnoticed; the company has received numerous awards for its environmental, social, and governance (ESG) initiatives.
In 2024, Hang Lung achieved an “A” rating for Climate Change from the CDP, a testament to its leadership in sustainability. The company’s properties are increasingly powered by renewable energy, with 50% of its operating properties in mainland China utilizing clean energy sources. This shift is not just about compliance; it’s about setting a standard for the industry.
As Hang Lung looks to the future, it aims to deepen its ties with industry leaders, policymakers, and academics. The company understands that collaboration is key to navigating the complexities of urban development. By fostering partnerships, Hang Lung is positioning itself as a leader in sustainable real estate, ready to tackle the challenges of tomorrow.
The “Wiggle We Go” tour is just the beginning of a year filled with celebrations and initiatives. Hang Lung plans to unveil more signature events that engage customers and communities, reinforcing its commitment to innovation and collaboration. Each event is a reminder that real estate is not just about buildings; it’s about people, experiences, and the environment.
In conclusion, Hang Lung Properties’ 65th anniversary is a celebration of its past, present, and future. The company’s journey is a testament to resilience and adaptability in a rapidly changing world. As it continues to innovate and lead in sustainability, Hang Lung is not just building properties; it’s building a legacy. A legacy that will inspire future generations to dream big and act responsibly. In the grand tapestry of urban development, Hang Lung is weaving a narrative of hope, sustainability, and community engagement. The future is bright, and Hang Lung is ready to embrace it.