Heritage and Milestones

KHI is proud of its heritage as a family business. In 1947, Y.C. Fu established the Kwong Hing Investment (KHI) Company alongside its sister company, the Tak Kee Shipping & Trading Company, in Hong Kong. The process of diversification began when the company identified a plot of land in Hong Kong’s Central District on which it built Fu House in 1952. The family’s defining principles of conservatively managed growth and diversification came to characterise the company, and the current Chief Executive, Adrian Fu, has continued to steer KHI’s growth in line with these core values.

KHI’s flagship property development was the construction and management of the Furama Hotel on Hong Kong’s Central harbourfront (No. 1 Connaught Road Central). Opened in 1973, the Furama was a 500-room, 5-star hotel that set standards for business hotels in Asia. The hotel portfolio expanded from 1989 onwards with further openings in Hong Kong, China and Vietnam. KHI made a successful exit from its investment following the acquisition and subsequent delisting of the hotels’ holding company, Furama Hotel Enterprises, in 1997.

Whilst still deeply rooted in property, KHI’s portfolio interests have since then expanded in both geography and breadth to include financial assets and other direct holdings.


  • Negotiated successful exit from Beijing Lufthansa Center investment after 17 years of Sino-Foreign partnership.

  • Refurbishment works on Raceview Mansion completed.

  • Acquisition of 20-20A Grampian Road in Kowloon City, Hong Kong for full redevelopment.


  • Acquisition of the 'Omaha' Portfolio of U.K. retail warehouse assets.

  • 2


  • Acquisition of Crystal Tower in Shanghai, China.

  • Stella Argenta in Tokyo, Japan sold.


  • Enhancement work on Walsingham House in London, U.K completed.

  • Acquisition of 277 William Street, Melbourne, Australia.

  • Acquisition of Mee Wah Factory Building, Hong Kong for comprehensive redevelopment.


  • Acquisition of Bingomachi Yamaguchi Gen Building in Osaka, Japan.

  • 21 Lime Street development in London, U.K. completed.

  • Storia Shinagawa in Tokyo, Japan sold.

  • AXA Southside development in Hong Kong completed. KHI moves into its new headquarters.

  • Shouson Hill detached houses in Hong Kong sold.


  • Commence enhancement work on Walsingham House in London, U.K.

  • The Hermitage in Tokyo, Japan sold.


  • Completed sale of strata-titled The Residence Meguro in Tokyo, Japan.

  • 21 Lime Street in London, U.K. sold. KHI retains developer role.


  • Acquisition of the 'Lunar' Portfolio of U.K. light industrial estates.

  • Investment in Sanjiaoyu Project in Jinan, China.

  • Investment in Chainway ITS Co. Ltd..

  • Bella Vista No.6 in Tokyo, Japan sold.

  • Wacore Daikanyama in Tokyo, Japan sold.


  • Caledonian Exchange in Edinburgh, Scotland, U.K. sold.

  • 2


  • Interest in Indonesia textile and garment manufacturer sold.


  • The Equinox in Glasgow, Scotland, U.K. sold.


  • Acquisition of Trinity Real Estate Development (Shanghai) Company Limited, a wholly-owned foreign enterprise in China.


  • Second block, Kellett Grove in Hong Kong sold.

  • Investment in ChinaHR.com sold to Monster Worldwide, Inc..


  • Interest in The Edinburgh Waterfront development project in Edinburgh, Scotland, U.K. sold.

  • Nomura House in London, U.K. sold.

  • Interest in The River development project in Bangkok, Thailand sold.

  • 2


  • Acquires stake in the Beijing Lufthansa center, a luxury hotel, apartment, retail and office complex.

  • 8


  • Furama Danang Resort, Vietnam, opens.

  • Furama Hotel Enterprises sold.

  • First Japan investment – Bella Vista No.6, Tokyo.


  • Ground breaking for hotel in Shenyang, China.

  • 4


  • First U.S. investment – Campton Place Hotel, San Francisco.

  • First U.K. investment Nightingale House, London.

  • 3


  • Majestic Hotel opens in Hong Kong.


  • Acquisition of 19th-20th Floors, Fairmont House, Hong Kong

  • 3


  • Furama Hotel Enterprises Ltd. listed in Hong Kong.

  • 12


  • Furama Hotel opens in Hong Kong.

  • 18


  • First direct investment – Hong Kong textile and garment manufacturer.

  • 2


  • First residential development – Raceview Mansion, Hong Kong.


  • First commercial development – Fu House, Hong Kong.

  • 5


  • Kwong Hing Investment (KHI) and Tak Kee Shipping & Trading Companies were founded by Y.C. Fu in Hong Kong.

  • 1947