Nan Fung Group takes home win at Real Estate Asia Awards

Its mixed-use commercial development aims to create a sustainable space.

Nan Fung Group brought home the Sustainable Development of the Year - Hong Kong category win at the recently held Real Estate Asia Awards for the success of its flagship mixed-use commercial development AIRSIDE.

Located at the centre of Hong Kong’s new central business district at Kai Tak, AIRSIDE consists of 32-storeys of Grade A office space, which occupies around 400,000 sqft. The multi-use complex also comes with a 700,000 sqft. mall to offer visitors a brand-new one-stop shopping experience.

AIRSIDE has adopted the United Nations Sustainable Development Goals (UNSDGs) as the design blueprint to facilitate a green, low-carbon lifestyle. It is the first building in Hong Kong to receive five of the most recognised green building certifications. A number of innovative facilities which meet international standards are introduced, including Hong Kong’s first-ever Automatic Refuse Collection System, which offers real-time data to aid waste reduction in day-to-day operations, a valuable feature to facilitate tenants in the upcoming implementation of the waste charging scheme.

AIRSIDE is the first commercial development to adopt the Hong Kong Electrical & Mechanical Services Department’s Kai Tak District Cooling System (DCS) in the territory, which saves around 839,300 kilowatts of electricity and offsets 587 tonnes of carbon emissions annually. This creates ample space on the roof to allow for the installation of Hong Kong’s largest office building monocrystalline PV farm and walkable PV, generating 270,000 kWh/year, comparable to the electricity consumption of around 700 residential flats in Hong Kong per month. These implementations together offset a total of 776 tonnes of carbon emissions, which is tantamount to the planting of 12,800 trees. 

To encourage green mobility, AIRSIDE is introducing Hong Kong’s first-ever smart bicycle parking system, equipped with 48 parking spaces. All of AIRSIDE’s 850 car parking spaces are equipped with electric vehicle (EV) charging facilities. 

Building on Nan Fung’s ongoing efforts and commitment to sustainability, AIRSIDE introduces the unique and innovative urban lifestyle concept of “wholeness” that connects people and nature to build a sustainable, low-carbon society. As part of the wholeness lifestyle concept, AIRSIDE houses a 4,000 sqft. urban farm that is home to over 50 varieties of produce, which is supplied to F&B outlets at the mall to offer a true farm-to-table experience for visitors; the remaining produce will be shared with the community. With the urban farm, we hope to promote a low-carbon footprint lifestyle and nature-based solutions to the public. 

Real Estate Asia Awards honours the most innovative real estate developments and laud industry players in Asia Pacific that stand out in the market.