In recent years, Chevalier has been actively involved in property development projects in Hong Kong. A joint venture of the Group was granted the rights to develop “City Hub”, a redevelopment project of the Urban Renewal Authority (URA). Thereafter, the Group’s wholly-owned subsidiary won another URA redevelopment project and unveiled a brand new residential collection “LE MOMENT” with “Sablier” at 8 Fuk Chak Street, Kowloon. The Group also possesses a number of sites in the Group’s redevelopment portfolio to further expand its property development business.
 
In Mainland China, Chevalier has been involved in developing prestigious commercial centres and deluxe residential buildings in the heart of major cities. Chevalier Place, a luxury residential property in Xuhui District, Shanghai, provides large scale flats and maintains a remarkable occupancy rate since its launch. Chevalier Tower situated in the downtown area of Jinjiang District in Chengdu, is a comprehensive residential and commercial complex with a luxury hotel. Chevalier has also extended its footprint to emerging cities such as Changchun with the development of Chevalier City, a project with land grant area of over 480,000 square meters and total gross floor area of about 900,000 square meters.