Transforming the serviced apartment tower into Kimpton Xujiahui Shanghai will strengthen the offerings of the complex and the Xujiahui district

HONG KONG SAR & SHANGHAI, CHINA - Media OutReach Newswire - 12 September 2024 - Hang Lung Group (SEHK stock code: 00010) ('Hang Lung' or 'the Group') today announced that its terraced Grand Gateway 66 Serviced Apartment, located within the Group's Grand Gateway 66 commercial complex in Shanghai, will be revitalized with the introduction of Kimpton Hotels & Restaurants-a luxury boutique brand under InterContinental Hotels Group ('IHG'). Named Kimpton Xujiahui Shanghai and scheduled to open by the end of 2026, the hotel will not only enhance the competitive advantage of Grand Gateway 66 but will inject vitality into the Xujiahui business district, providing a new urban luxury living experience.