SHKP supports Earth Hour for the 13th consecutive year with over 310 properties taking part to conserve energy and protect the environment
Sun Hung Kai Properties Limited (SHKP) promotes healthy and sustainable living. This year, SHKP participated in Earth Hour, a worldwide lights-off campaign organized by the World Wide Fund for Nature (WWF), for the 13th consecutive year and is one of the corporations with the largest number of buildings participating in the campaign in Hong Kong. SHKP mobilized over 310 commercial and industrial buildings, shopping malls and residential estates it owns or manages to switch off non-essential lights for an hour on the evening of 27 March, putting energy conservation and environmental protection into practice.
The participating buildings spanned various districts and included the following:
- Sun Hung Kai Centre, SHKP headquarters: Since 2005, Sun Hung Kai Centre has achieved an aggregate energy consumption reduction of over 46 million kWh, equivalent to about 37,000 tonnes of carbon emissions, by adopting a variety of energy-conservation measures. In 2019 and 2020, the building achieved the ‘Excellent’ rating in the Selective Scheme of BEAM Plus Existing Buildings V2.0, organized by the Hong Kong Green Building Council.
- The International Commerce Centre (ICC), Hong Kong’s tallest skyscraper: ICC was the first building in the city to obtain the BEAM Plus Existing Buildings V2.0 Platinum Certificate. Last year, it obtained the highest honour under BREEAM In-Use, a green building assessment method by the British Research Establishment (BRE), and became the first building in Hong Kong certified by BREEAM. ICC is thus among the top 3% of green buildings in the world.
- Uptown Plaza, winner of the Gold Award, Property Management (Commercial & Industrial), 2019 Hong Kong Awards for Environmental Excellence; and YOHO Midtown, winner of the Silver Award, Property Management (Residential), 2019 Hong Kong Awards for Environmental Excellence
On the mainland, the Group’s large-scale integrated landmarks, such as Shanghai IFC, Shanghai ICC, ITC and Nanjing IFC, as well as flagship malls and residential projects in Beijing and Guangzhou took part in the event.
In addition to developing premium properties and providing excellent services, SHKP puts into practice its belief in Building Homes with Heart by actively fulfilling its social responsibilities while giving back to the community.
To encourage the general public to participate in nature protection, the Group has worked together with Green Power for 10 straight years to implement the SHKP Love Nature Campaign. The campaign combines elements such as education, nature appreciation and outdoor exploration to help kindergarten and primary school students develop environmental awareness. To date, over 56,000 kg of waste and recyclables have been collected, and more than 60 school visits for kindergarten and primary school students have been conducted. During class suspension because of the pandemic, the SHKP Love Nature Campaign produced online interactive educational videos and materials on nature ecology for students to continue to learn at home.
For details about SHKP’s initiatives and events to promote sustainable development, please view its latest Sustainability Report by visiting the Group’s website (www.shkp.com).
Sun Hung Kai Properties Limited (SHKP) today signed a five-year HK$16.8 billion syndicated credit facility with a consortium of 17 leading international and local financial institutions. The facility received an overwhelming response from banks, with the loan size increased significantly from the initial amount of HK$5 billion to HK$16.8 billion. This is another clear demonstration of the banking community’s strong faith in SHKP.
The facility was signed by Sun Hung Kai Properties (Financial Services) Limited, with its parent, SHKP, providing a guarantee. It has a 30:70 split between a term loan and revolving credit tranches and a maturity of five years. The proceeds will be used to refinance a HK$15 billion syndicated credit facility due in May this year and as general working capital for the Group’s business development. SHKP has the highest credit ratings among property companies in Hong Kong, with an A1 and A+ rating with stable outlook from Moody’s and Standard & Poor’s, respectively.
SHKP Chairman and Managing Director Raymond Kwok said: “I would like to thank the participating banks for their strong support despite the various challenges facing Hong Kong, including COVID-19, which testifies to their confidence in SHKP and its growth prospects. The Group remains committed to prudent financial management and has maintained a strong financial position by strengthening its cash flow and liquidity. The Group has sufficient upcoming new projects for sale, including the first phase of St Michel in Sha Tin Mid-levels, which will be launched soon. Its property investment portfolio also generates sizeable recurrent income, with its base significantly expanding over the medium to long term upon the gradual completion of large-scale integrated landmarks, including the mega project atop the High Speed Rail West Kowloon Terminus in Hong Kong, ITC in Shanghai, and the Jianghehui joint-venture project in Hangzhou.”
Mr Kwok added: “We have strong faith in Hong Kong’s future under ‘One Country, Two Systems’ and the prospects of the mainland. The Group will continue to selectively acquire land for development when good opportunities arise. With its extensive experience in weathering various crises during the past 50 years, the Group is confident in once again turning adversity from the pandemic into opportunity and continuing to grow its business over time.”
The facility is backed by Bank of China (Hong Kong) Limited, Agricultural Bank of China Limited, DBS Bank Ltd., Industrial & Commercial Bank of China (Asia) Limited, Oversea-Chinese Banking Corporation Limited, The Hongkong & Shanghai Banking Corporation Limited, Mizuho Bank, Ltd., MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation, Cathay United Bank Co., Ltd., BNP Paribas, Hang Seng Bank Limited, Standard Chartered Bank (Hong Kong) Limited, United Overseas Bank Limited, Citibank, N.A, Chong Hing Bank Limited, and Industrial Bank Co., Ltd.
SHKP and SmarTone Collaborate to Bring the 5G Experience to Hotels,
Launching an Extravagant Hotel Staycation with the First 5G Smart Robot
SmarTone 5G Now Provides Full Coverage in Hong Kong
High-speed internet access is now considered an essential service in the hospitality industry for guests to stay connected anytime, anywhere in the hotel. To address this rising need, Sun Hung Kai Properties Limited (SHKP) has joined hands with SmarTone to bring the ultra high-speed 5G network experience to its 11 hotels in Hong Kong, including its prestigious international brands – Four Seasons Hotel Hong Kong, W Hong Kong, The Ritz-Carlton, Hong Kong, and the Royal brand hotels.
In collaboration with SHKP, SmarTone has also introduced a special “Extravagant Hotel Staycation” offer for its new 5G customers. Eligible customers can choose from a selection of SHKP hotels and enjoy a luxurious staycation experience for up to two nights with room upgrade, complimentary breakfast, and other bonus privileges, such as a spa voucher and a birthday cake.
For greater enjoyment and engagement with hotel guests, the first 5G robot for SHKP hotels, “WW”, will appear at W Hong Kong during designated period. Robot “WW” has an endearing appearance, with a white body and lively eyes that capture attention. With 5G’s ultra-low latency, coupled with AI and Chatbot technology, Robot “WW” serves as a digital concierge, responding quickly to hotel guests’ enquiries by connecting to the Cloud. It can also mark special occasions by singing Happy Birthday or a love song, for example, to create an unforgettable experience for guests during their stay.
Ms Josephine Lam, Head of Sales and Marketing at SmarTone, said, “SmarTone is delighted to collaborate with SHKP hotels to provide a faster, stabler and smoother 5G network experience for hotel guests, as well as the exclusive staycation offer for our new customers. SmarTone offers full 5G coverage across Hong Kong, including in SHKP malls and hotels. According to a previous independent market survey, SmarTone 5G was selected as the No. 1 Consumers’ Best Preferred 5G Network, which is incredibly encouraging. We will continue to dedicate our efforts to innovations and delivering the highest-quality 5G network experience for our customers.”
Mr Tasos Kousloglou, CEO (Hotel Division) of SHKP, said, “We are very excited to launch the staycation offer at our hotels with SmarTone. In the past few months, many people have had to stay in Hong Kong because of the COVID-19 travel restrictions, so we are looking forward to offering an even better hospitality experience to local citizens. With the 5G robot and other innovative technology features, we are confident that our guests will enjoy a truly memorable stay in our hotels.”
SHKP hotels are committed to using smart technology to elevate the hospitality experience. New features include smart self-check-in and check-out, and an advanced in-room control system, which allows guests to control the lighting and temperature with an iPad, offering an even more flexible and convenient hotel stay, while increasing the operational efficiency of the hotel. Its international hotels, such as Four Seasons Hotel Hong Kong, The Ritz-Carlton, Hong Kong, and W Hong Kong, offer the mobile key function, which allows access to guest rooms via guests’ mobile devices. All SHKP hotels will also be upgraded to the latest WIFI network for more stable connections when using multiple devices.
SmarTone offers full 5G coverage in Hong Kong, providing the widest network coverage both indoors and outdoors. The network covers over 250 key indoor areas, including prime locations, commercial areas and major malls; it also extends to 10 major MTR lines and 65 rural areas, including outdoor cycling tracks, hiking trails and campsites. SmarTone 5G is also Hong Kong’s only mobile operator that provides 5G coverage in the Tai Lam Tunnel.
The SmarTone 5G network is now available in 11 SHKP hotels, including Four Seasons Hotel Hong Kong, The Ritz-Carlton, Hong Kong, W Hong Kong, Hyatt Centric Victoria Harbour Hong Kong, The Royal Garden, Royal Park Hotel, Royal Plaza Hotel, Royal View Hotel, ALVA Hotel By Royal, Crowne Plaza Hong Kong Kowloon East, and Holiday Inn Express Hong Kong Kowloon East.
For more information about SmarTone’s Extravagant Hotel Staycation offer, please visit https://bit.ly/3sHeWoA.