25 November 2019, Hong Kong – Great Eagle Group is glad to take part in HKGCC Hong Kong Business Case Competition 2019, where tertiary students have a chance to apply their knowledge and unleash their creativity to solve business cases. The competition was received with an overwhelming response, attracting over 950 tertiary students from Hong Kong and Macau to participate, where over 40 proposal were submitted for Great Eagle’s challenge. The competition was successfully concluded on 22 November 2019, where top three teams were selected by a panel of judges.
The business case set by Great Eagle Group was ‘Future Mixed-Use of Spaces in Hong Kong’. Students had the opportunity to design a mixed-use development that could meet the needs of different lifestyles and demographics that functions well 20 years from now, with an aim to facilitate working, playing, learning, connecting and living of people. The innovative solutions must include the use of technologies, also consist of sustainable elements to ensure the development runs in an eco-friendly way.
Mr. Alexander Lo, Executive Director of Great Eagle Holdings Limited said, ‘We are pleased to take an active part in this business case competition, with an aim to understand how do young people see the world, also to gain insights from the next generation’s creative minds. The Group strives to promote sustainable growth, nurturing talents with innovation and creativity to better equip themselves in the face of the changing world and living style, also creating positive impact to the society. We believe that encouraging collaboration across generations could mine the strengths of every generation for the greater future of our society.’
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About Great Eagle Group
Great Eagle Group was founded in 1963, and was listed on the Hong Kong Stock Exchange in 1972 (Stock Code: 41). The Group’s principal holdings include Champion Real Estate Investment Trust (Champion REIT) (Stock Code: 2778) and Langham Hospitality Investments (LHI) (Stock Code: 1270), which were listed in Hong Kong in 2006 and 2013, respectively. Being a Hong Kong developer, the Group also owns and manages an extensive international hotel portfolio under “The Langham” and affiliate brands. Founded and headquartered in Hong Kong, the Group develops, invests in and manages high quality residential, office, retail and hotel properties across Asia, North America, Australasia and Europe.
For the property portfolio, Champion REIT owns a Grade-A commercial office space at Three Garden Road in the central business district of Hong Kong, as well as the office tower and shopping mall of Langham Place in Mongkok, Kowloon. For the hotel portfolio, the Group owns more than 10 luxury hotels globally and manages over 20 international hotels, operating under “The Langham” and affiliate brands, with a total number of rooms exceeding 10,000. In addition, LHI owns the three hotels in Hong Kong, including The Langham, Hong Kong in Tsim Sha Tsui; Cordis, Hong Kong in Mongkok; and Eaton HK in Jordan.
The Group’s development projects in progress include a residential project at Pak Shek Kok, Tai Po, Hong Kong, three development projects in San Francisco and Seattle, the U.S., as well as a hotel redevelopment project in Tokyo, Japan.