August 20, 2014 10:46 AM ET

Real Estate Management and Development

Company Overview of Urban Renewal Authority

Company Overview

Urban Renewal Authority, together with its subsidiaries, is engaged in redevelopment, rehabilitation, revitalization, and heritage preservation of properties to promote urban renewal in Hong Kong. The company was founded in 2001 and is headquartered in Central, Hong Kong.

COSCO Tower

26th Floor

183 Queen's Road Central

Central,  

Hong Kong

Founded in 2001

416 Employees

Phone:

852 2588 2222

Fax:

852 2827 0176

Key Executives for Urban Renewal Authority

Deputy Chairman
Director of Finance and Administration
Executive Director of Operations & Project Control
Head of Community Development
Head of Conservation Portfolios
Compensation as of Fiscal Year 2014.

Urban Renewal Authority Key Developments

Urban Renewal Authority Appoints Pius Cheng Kai-Wah as Executive Director (Commercial and Operations)

The Government announced that the Chief Executive had, on the recommendation of a selection panel, appointed Mr. Pius Cheng Kai-wah as Executive Director (Commercial and Operations) of the Urban Renewal Authority (URA) for a term of three years. The appointment will take effect on January 1, 2014. Mr. Cheng is currently Director, Corporate and Legal Services of the URA.

The South Australian Government Extends Joint Venture Between CIC Australia Ltd and Urban Renewal Authority

The South Australian Government has approved the extension of the joint venture (JV) between CIC Australia Ltd. and Urban Renewal Authority (URA) to incorporate an adjoining parcel of land, previously the Ross Smith Secondary School site. Development of this site will provide for a community facility, up to 162 residential blocks (including affordable housing), and four commercial blocks in its highly successful "Lightsview" development. The extension of the JV covers a further 11.27 hectares of adjacent land at the infill suburb of Northgate, just 8km from the Adelaide CBD. The existing JV was originally established following CIC's successful expression of interest bid in 2006.

Urban Renewal Authority Announces Executive Changes

Urban Renewal Authority announced that non-executive directors have been appointed. The new appointees are Chiang Lai-wan, Edward Chow, Fung Wai-kwong, Laurence Ho, Lester Garson Huang, Prof Eddie Hui, Nelson Lam, Laurence Li, Timonthy Ma, David Tang and Stanley Wong. The eight directors retired were Victor Chan, Walter Chan, Prof Ho Pui-yin, Ip Kwok-him, Isaac Ng, Ng Shui-lai, Peter To and Douglas Young.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 3, 2013
4,530 Sq Ft Gross Floor Area in Kwok Tai Building
 

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