Lan Kwai Fong Shekou Bay Prince Project will attract investment next month
Lan Kwai Fong Group announced that it has entered into a strategic cooperation with China Merchants Shekou (001979.SZ) and Shenzhen real estate service provider Yatong Group to launch the “LKF852 Prince Bay” project in Taizi Bay, Shekou. Lan Kwai Fong Chairman Sheng Zhiwen said that the project will start to attract investment next month. Currently, it is in contact with potential tenants to understand the investment intention. It is expected that 50 to 60 tenants will be stationed, mainly catering, bar and retail brands, especially young fashion brands.
Sheng Zhiwen bluntly said that he is not worried about the trade war will affect the investment situation of the project. He believes that the trade war will soon end. As the two heads of state plan to meet in Japan at the end of June, it is expected that the two sides will give each other a “face” and continue consultations. He admits that the trade war has an impact on the retail industry in Hong Kong, but it does not have a big impact on the Hong Kong people. He also believes that the trade war has hit the US economy, especially in terms of consumption, and it has a greater impact on China. He stressed that he has confidence in China. .
Sheng Zhiwen is optimistic about the Dawan District
With a construction area of 1.7 million square meters, Prince Bay will cover commercial, residential and school buildings. Li Qipeng, Chairman of the Asian Tong Group, pointed out that the Group invested in the construction of Prince Bay and the investment amounted to RMB 2.2 billion. Lan Kwai Fong was responsible for the planning, operation and investment of “LKF852 Prince Bay” and said that the project was close to the cruise port and it was confident that it could become Landmarks in the district.
For the development of Dawan District, Sheng Zhiwen believes that this project is a good start for the Group in Dawan District. I am optimistic about the prospects of Dawan District. I will continue to cooperate with Yatong Research in the region in the future, hoping to be in Guangzhou and Shenzhen. Key cities such as Shekou will cooperate to launch projects.