CTF Education plans $3b projects

CTF Education will invest over HK$3 billion in upcoming education projects in Hong Kong and Greater China, said Adrian Cheng, vice chairman and chief executive of CTF Education.

Among these projects, a strategic partnership with Benenden School, a British boarding school, will help it deliver one of the best K-12 bilingual schools in Greater China, said Jennifer Yu Cheng, deputy vice chairwoman of CTF Education.

The first school of the series is expected to open in late 2023 in the Greater Bay Area.

Meanwhile, K11 recorded a 45 percent year-on-year growth in sales in the second half of 2020.

Sales at K11 malls in Hong Kong in the second half last year increased by 56 percent, compared to 2019.