These awards celebrate the most inspirational initiatives and developments in land, real estate, construction and infrastructure, recognising outstanding achievement, teamwork and corporate excellence. This year’s entrants have contributed to some of Hong Kong’s largest projects, including driving investment into the commercial sector, delivering essential infrastructure and leading sustainable practices.
Guest of Honour, Mr. TAI Sheung Shing, Victor, JP, Under Secretary for Housing, Housing Bureau, The Government of the Hong Kong Special Administrative Region, kicked off the ceremony with a speech recognising chartered surveyors for their significant contributions to the built environment. Additionally, the event welcomed Mr. David Lam, JP, Under Secretary for Development, Development Bureau, The Government of the Hong Kong Special Administrative Region, as a Presentation Guest at the Gala Dinner, to jointly witness this important occasion.
“These awards are about excellence. Excellence in our profession is about much more than a successful transaction, a well-delivered project or an impressive building. It is about the judgement behind a difficult decision. The integrity to give the right advice, even when it is not the easiest advice to give. And the commitment to leave a place, a business or a community better than we found it. ” said Ms. Ada Fung FRICS, Judging Chair of RICS Hong Kong Awards 2026. “For those of us working in Hong Kong, these qualities matter enormously. Our city never stands still, and neither can our profession. We must help clients navigate uncertainty, make better use of our built environment, and turn long-term ambitions into practical results.”
The RICS Annual Lifetime Achievement Award was presented to Mr. Philip Lo FRICS, a Steward of the Hong Kong Jockey Club. Mr. Lo is a former Chairman of Rider Levett Bucknall China and Hong Kong. He is a fellow of RICS and served on the RICS UK Management Board from 2011 to 2016, alongside his extensive leadership roles within RICS Hong Kong. He remains deeply committed to public service, currently holding key roles with the Hong Kong Housing Authority and the Hong Kong Housing Society, as well serving as an Adjunct Professor at The University of Hong Kong.
“Our profession is unique. We may not always have our names on the buildings, but we know every building carries our fingerprints. More importantly, through the built environment, we have the opportunity not only to create buildings and infrastructure, but also to shape communities, improve lives and contribute to the long-term development of society. That sense of purpose has always been one of the most rewarding aspects of my career.” said Mr. Philip Lo FRICS.
Results of RICS Hong Kong Awards 2026:
Project award categories
1. Commercial Property Project of the Year
2. Corporate Social Responsibility Project of the Year
Team award categories
3. Agency Team of the Year
4. Construction Project Management Team of the Year
5. Facilities Management Team of the Year
6. Property Management Team of the Year
7. Quantity Surveying Team of the Year
8. Refurbishment / Revitalisation Team of the Year
9. Research Team of the Year
10. Valuation Team of the Year
Special category awards
11. Best Deal of the Year
12. Environmental Impact Award
13. Proptech Innovation of the Year
Individual awards
14. Emerging Achiever of the Year
15. Lee Ming Kiu, Owen MRICS, Resident Engineer, AECOM
The full RICS Hong Kong Awards Winners list is available at: https://www.rics.org/training-events/rics-awards/hong-kong-awards
High resolution photos are available at: https://drive.google.com/drive/folders/1c2FnfB9S-IXgcfj8SGXAFe6RP16oQFlA?usp=sharing
Notes for editors:
RICS Hong Kong Awards 2026 is sponsored by:
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The issuer is solely responsible for the content of this announcement.
The RICS Awards Hong Kong showcases outstanding achievements and developments in Hong Kong’s land, property and construction industries and across the built environment. The awards are open to everyone working within the property profession. The jury panel of the RICS Awards 2026 Hong Kong is formed by fourteen outstanding local industry leaders. Nominated projects have all displayed outstanding performance in professionalism, outcome & achievement, teamwork & collaboration and thought innovation.
About RICS
We are RICS. As a member-led chartered professional body working in the public interest, we uphold the highest technical and ethical standards.
We inspire professionalism, advance knowledge and support our members across global markets to make an effective contribution for the benefit of society. We independently regulate our members in the management of land, real estate, construction and infrastructure. Our work with others supports their professional practice and pioneers a natural and built environment that is sustainable, resilient and inclusive for all.
Arabian Post Staff -Dubai King Khalid International Airport in Riyadh reopened Terminals 1 and 2 on Sunday, October 25, assigning domestic services to the first and international flights operated by Saudi national carriers to the second after a suspension linked to Houthi attacks. The airport announced the arrangements on Saturday in a passenger advisory circulated through its social media channels. It urged travellers holding confirmed reservations to […]
Winner — Best Deal of the Year
Cushman & Wakefield’s Capital Markets team has been recognized for delivering Hong Kong’s largest office asset transaction since 2021. Facilitating Alibaba Group and Ant Group’s acquisition of their new regional headquarters premises at One Causeway Bay, this landmark HK$7.2 billion deal marks a significant milestone for the city’s commercial real estate market and underscores Hong Kong’s enduring appeal to global technology companies seeking regional headquarters opportunities. It highlights Cushman & Wakefield’s pivotal role as a key link between enterprises of different regions, further solidifying its leading position in complex cross-border transactions. This iconic deal has been widely reported and headlined by more than 100 media outlets globally.
Francis Li, International Director, Vice President and Head of Capital Markets, Greater China, Cushman & Wakefield, said, “This award reflects our team’s market expertise, integrity, and commitment to client outcomes, while adhering to the stringent RICS standards. It also reflects our deep market relationships and dedication to clients, the industry, and contributing to Hong Kong’s continued growth.”
Winner — Valuation Team of the Year
Committed to building a future-ready Hong Kong defined by sustainability, innovation, and lasting value, Cushman & Wakefield’s Valuation & Advisory Services team draws on more than 30 years of hands-on experience across Greater China. It partners with the Hong Kong government and private-sector visionaries to shape the infrastructure and public services that matter — spanning transport, utilities, healthcare facilities, and urban renewal. As a total solution hub, the team connects end-to-end expertise across valuation, advisory, ESG, financing and feasibility to turn ambition into action.
Andrew Chan, Managing Director, Head of Valuation & Advisory Services, Greater China, Cushman & Wakefield, said, “We are deeply honored be named Valuation Team of the Year at the RICS Hong Kong awards for the third consecutive year, marking our fourth “Valuation Team” award in six years. This accolade reflects the unwavering dedication, professionalism, and innovation of our valuation team. Serving major development initiatives, our team is proud to help shape Hong Kong’s future with our valuation expertise. Since 1993, we have continually evolved our capabilities — integrating ESG, sustainability, and emerging asset classes to deliver best-in-class solutions while nurturing the next generation of industry leaders.”
John Siu, Managing Director, Hong Kong, Cushman & Wakefield, added, “Congratulations to our outstanding teams for demonstrating our progressive spirit and client-first mindset once again. These prestigious accolades reinforce Cushman & Wakefield’s market leadership and brand strength. Moving forward, we will continue to elevate industry standards and deliver unparalleled value to our clients.”
Photos:
Winner – Best Deal of the Year: Hong Kong & China Capital Markets team
Winner – Valuation Team of the Year: Hong Kong Valuation & Advisory Services team
Please click HERE to download high-resolution photos.
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http://www.cushmanwakefield.com.hk
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The issuer is solely responsible for the content of this announcement.
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 53,000 employees in nearly 350 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2025, the firm reported revenue of $10.3 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).
Tourists leaving the UAE can now receive value added tax refunds within one business day under an artificial intelligence platform introduced by the Federal Tax Authority, reducing the previous waiting period of approximately nine days. The system, launched on October 20 in partnership with authorised refund operator Planet, is operating at Dubai International Airport, Zayed International Airport in Abu Dhabi and Sharjah International Airport. It enables eligible […]
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Britain has committed £100 million to establish an artificial intelligence biosecurity laboratory, supported by OpenAI, Anthropic and Google DeepMind, to strengthen defences against biological threats. The AI Biosecurity Lab will use advanced models to identify emerging dangers, improve disease surveillance and accelerate development of vaccines and treatments, the government announced on Saturday. OpenAI and Anthropic have pledged up to £200 million in computing resources, model credits and […]
The United States is reducing staffing at four Middle Eastern embassies after intelligence officials warned that Iranian plots targeting Americans had reached advanced stages, adding to security concerns arising from Houthi attacks on Saudi Arabia. The State Department is adjusting personnel levels at its missions in Jordan, Lebanon, Qatar and the United Arab Emirates, while maintaining operations at those posts. The changes follow an order requiring non-emergency […]
The Thailand Board of Investment (BOI) said on Saturday that applications submitted between 2023 and the first half of 2026 totalled 23.5 billion baht. The proposed projects cover specialised components and industrial materials used in electronics, batteries, electric motors and hydrogen technologies.
The figures represent investment applications rather than completed expenditure. The agency did not provide a breakdown of project approvals, construction schedules or the amount already invested, leaving the pace at which the proposed capacity will become operational unclear.
Narit Therdsteerasukdi, secretary-general of the BOI, said domestic production of sophisticated materials could reduce dependence on imports and allow Thai suppliers to participate in higher-value international manufacturing networks. The agency wants to develop industries supplying essential inputs rather than relying principally on assembly operations.
The applications include multilayer ceramic capacitors, graphite films used for heat management, engineered ceramics, neodymium magnets, materials for batteries and fuel cells, and specialised glass and quartz fabrics used in printed circuit boards. Nanomaterials for precision manufacturing are also represented.
Such products are important to increasingly powerful computing equipment. Multilayer ceramic capacitors help regulate electrical power in electronic circuits, while graphite films dissipate heat generated by densely packed components. The BOI said a high-end AI server can contain as many as 30,000 ceramic capacitors, illustrating the scale of demand associated with advanced computing infrastructure.
Among the companies identified by the agency, Taiwan’s Fultech Fiber Glass produces glass fabrics for circuit boards, including higher-performance varieties suitable for AI servers. Jones Tech manufactures synthetic and natural graphite films designed to transfer heat away from electronic devices.
Other projects target electric transport and energy storage. BGN Thai produces coated foils for lithium-ion batteries, while Phinis Well manufactures neodymium magnets used in electric motors. Xinyuan Graphite supplies bipolar plates for hydrogen fuel cells, extending the range of technologies covered by the investment pipeline.
CoorsTek Advanced Materials, part of the US-based ceramics group CoorsTek, has invested in engineered ceramics used in automotive pressure sensors and silicon nitride balls for hybrid bearings. Those bearings have applications in electric vehicles and wind turbines. Golden Egret Cemented Carbide produces tungsten carbide powders for precision cutting tools.
Thailand already hosts established electronic component manufacturers, including Japan’s Murata Electronics and Kyocera AVX Components. The BOI cited these operations as part of the industrial base supporting the proposed expansion into more specialised upstream production.
The announcement follows broader growth in investment applications for technology-intensive industries. BOI figures released for the first half of 2026 showed total applications rising 37 per cent from a year earlier to approximately 1.47 trillion baht across 1,299 projects. Digital infrastructure, including data centres, accounted for a substantial share of the total.
Those economy-wide figures are separate from the 23.5 billion baht advanced materials pipeline, which covers applications accumulated over a longer period. Comparing the two as if they represented the same reporting window would overstate the scale of the materials industry’s immediate expansion.
The government’s electronics strategy has also focused on printed circuit boards, a manufacturing segment closely linked to AI servers and communications equipment. Authorities announced approvals for further expansion by three circuit-board manufacturers involving more than $668 million in investment, with over 5,000 additional jobs expected from those projects.
Electric vehicle manufacturing provides another source of potential demand. BOI data published in September placed cumulative approved investment across Thailand’s electric vehicle supply chain at approximately $4.59 billion through August, covering vehicle assembly, batteries and key components. That total concerns a different investment category and should not be added to the newly disclosed applications without checking for overlap.
Narit said the agency would continue supporting research, technology development and workforce training alongside investment promotion. Its stated objective is to increase the share of advanced materials and components manufactured domestically for regional and international customers.
The investment drive also reflects Thailand’s efforts to attract suppliers serving multiple industries, rather than individual product categories. Manufacturers of specialised materials can potentially supply electronics, automotive and renewable-energy customers through overlapping production capabilities and established distribution networks.
The BOI calculated the dollar equivalent of the latest proposals using an exchange rate of approximately 33.76 baht to the US dollar. The agency, established in 1966, administers investment promotion for both domestic and foreign businesses.
By T N Ashok NEW YORK: The latest diplomatic signals from Washington and New Delhi suggest that a prolonged India–US trade confrontation may finally be approaching a settlement. US President Donald Trump says a deal is close. Secretary of State Marco Rubio, after meeting External Affairs Minister S. Jaishankar in Mumbai on October 20, has […]
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