THE WAVE Set to Become Landmark Entrepreneurial and Innovation Destination

New development set to invigorate local startup and entrepreneurial ecosystem

March 21, 2016

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(21 March 2016, Hong Kong) Stan Group (Holdings) Limited (“Stan Group”) is pleased to announce the opening of its latest revitalisation project, THE WAVE. Predicted to become an iconic landmark in Kwun Tong, THE WAVE is a mixed-use development managed by SG properties and created to foster the development of the local startup and entrepreneurial ecosystem.
 
The building offers 100,000 square feet of room spread over 12 floors and features retail shops, F&B outlets, professional services and commercial space. Site handover to retail and F&B tenants is scheduled for the second half of 2016 and since the soft opening this February, occupancy of the co-working spaces and serviced offices has reached 50%.  
 
Stan Tang, Chairman of Stan Group and CEO of THE WAVE, said, “As a keen supporter of local entrepreneurs, we aspire to build a diverse, vibrant community which creates synergy with the help of our customers and tenants. In so doing, we will elevate THE WAVE’s status as a landmark business and commercial hub while making valuable contributions to the local startup and entrepreneurial ecosystem. Through ongoing investments, we can meet the changing needs of young companies and individuals looking for the comprehensive services and amenities required for growth.”