Press Releases 2000 - 2002

Urban obtains the management contract of Technology Plaza in Tsuen Wan
Date: 10/05/2001

Urban Property Management Limited, The major property management arm of the New World Services Group, has been appointed Manager by the Owners' Incorporation of Technology Plaza in Tsuen Wan with effect from 1st April 2001, for a period of 2 years.

Situated at 29-35 Sha Tsui Road, Tsuen Wan, Technology Plaza is a single towered industrial building with a total floor area of 317,250 square feet and 33 car parking spaces. Urban was appointed by the Owners' Incorporation of Technology Plaza to manage the building owing to the company's extensive experience in managing first class commercial and industrial buildings.

According to Ms Y M Kwan, Chairlady of the Management Committee of the Incorporated Owners of Technology Plaza, "We are pleased to appoint Urban, who has proven track records in the area of commercial and industrial building management, as Property Manager of Technology Plaza. We are confident to entrust the property in the hands of their management expertise. We sincerely hope that our co-operation would help enhance the value of the building for the benefits of all owners and tenants of the property."

Mr Cliff Wong, Group Property Manager of Urban said, "We are delighted to be appointed to manage this landmark industrial building in Tsuen Wan. We have a wealth of experience in managing first class commercial and industrial properties, including the Grand Millennium Plaza in Sheung Wan, World Peace Centre in Kwai Chung, MP Industrial Centre in Chai Wan and Chow Tai Fook Centre in Mongkok. We have proved to be of great benefit to our clients, enabling them to enjoy a decent and tidy working environment. I am sure that our professional management team deployed at Technology Plaza would maintain the same high standard of service for the clients of the building."

Urban Property Management Limited manages 290 projects over the territory with 140,000 residential units, 30,000 parking spaces and 17 million sq ft of commercial & industrial premises. It is also the major property management agent of the Hong Kong Housing Authority and Government Property Agent managing substantial government properties including 17 public rental estates, 25 Home Ownership Scheme Projects and a number of Government Offices and Quarters. Since 1994, the company has been extending its service to the Central to Mid-Levels Escalator and Walkway System to provide its professional service to the public facility.

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