Diversifying our Business
Acquisition of D • PARK to Connect the Community through Synergy
D•PARK has joined the Group’s flagship malls NINA MALL 1 and 2, the office building Nina Tower, Nina Hotel Tsuen Wan West, and Nina Park, to synergise Nina Hub, where we are committed to developing the largest integrated commercial, tourism, retail, entertainment, and cultural hub in the New Territories West. This vibrant hub is expected to attract both local residents and visitors from Mainland China and beyond, capitalising on emerging opportunities in the region. During the Reporting Period, the Group initiated a major transformation of D•PARK in Tsuen Wan following its acquisition. This expansive shopping mall, covering 630,000 square feet over three levels, has been a vital part of the local community.
Aligned with the Group’s commitment to sustainability and social responsibility, D•PARK aims to become an inclusive “Playground for All” through establishing a vibrant retail and entertainment destination that enriches the cultural landscape of Hong Kong. As part of its evolution, D•PARK is increasingly integrating educational and entertainment options for children alongside its traditional retail offerings. By strategically leveraging its prime location near major transport links, D•PARK has strengthened its role as a community hub by enhancing connectivity with the Group’s buildings and the surrounding community.
Furthermore, D•PARK’s integration with CCG Hearts strengthens the synergy and partnership within our portfolios. This synergy elevates D•PARK’s role as a community hub, in creating inclusive spaces that meet diverse community needs.
Strengthening Elderly Care Services through Privatisation of Pine Care Group
The overall well-being of the community is closely connected to the sustainability of an economy. In light of an ageing population, the Group is dedicated to fostering a vibrant economy that supports the health and welfare of the elderly. In line with this commitment, we set up a division “CCG Healthcare” in 2023 to expand our presence in the healthcare sector, foster supportive communities, and improve home-based care for the elderly. This initiative significantly boosts our capacity to meet the needs of older adults and is essential in fostering a more compassionate and sustainable urban environment for everyone. Our premier facility, “Pine Residence” has been in operation since December 2022 and has provided a variety of services, catering to both affordable and premium residential care options. It is staffed by a committed team of healthcare experts, including nurses, caregivers, social workers, occupational therapists, and physiotherapists. We also employ cutting-edge gerontology practices to guarantee that our residents receive exceptional standards of care and support.
The decision to privatise Pine Care Group not only diversifies our business portfolio but also reinforces our commitment to addressing the critical needs of our ageing society. It resonates with the Group’s “Places with Heart” vision, emphasising our role in promoting the health and well-being of all generations. As we support the elderly in the later stages of their lives, we remain dedicated to providing the care and resources for their fulfilling lives, recognising the value they bring to our communities.
