ESR and Chinachem Break Ground on Hong Kong’s Largest and Most Advanced Cold Storage Facility

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Largest cold storage to be built in the last two decades in the city Pioneering the future of logistics in Hong Kong

HONG KONG SAR – Media OutReach – 27 September 2023 – ESR Group Limited (“ESR”, SEHK Stock Code: 1821), APAC’s largest real asset manager powered by the New Economy, in partnership with Chinachem Group (“Chinachem”), a leading property developer in Hong Kong, today broke ground to begin the development of a prime cold storage and logistics facility in Kwai Chung, the first-of-its-kind and the largest to be built in Hong Kong in the last 20 years.

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About Chinachem Group

Since 1960, Chinachem Group has been a leading property developer in Hong Kong, with a portfolio covering residential, commercial, retail and industrial buildings for sales and investment, in addition to operating hotels, property management as well as healthcare and elderly services. The Group actively seeks to make a positive contribution to society through its adherence to the ‘Triple Bottom Line’, a commitment that its activities will benefit People, bring Prosperity to the community and preserve the Planet. Please visit