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Real Estate

Real Estate Investments and Developments

Tenacity Real Estate Group is a Hong Kong, China Greater Bay-based, privately owned company focused on real estate investment, development and management.


Tenacity’s strategy is to leverage its broad industry and geographical relationships and investment expertise to identify favourable opportunities for greenfield development, asset repositioning and asset management.


It has also established significant operational expertise to effectively manage the entire investment, asset management and development process on the ground, on a day-to-day basis.

With highly experienced investment and project development teams, Tenacity has a strong track record of independent project management, having deployed more than US$1bn in capital towards real estate direct investments.

Tenacity has completed investments in commercial and residential assets in London, Hong Kong and Macau.  The Group is also exploring ski and recreational property investments in Europe and Japan.

Tenacity Group’s Real Estate Portfolio:

70 Gracechurch Street, London

Office & Retail - Core / Long-Term Value Add
70 Gracechurch Street is a prime office and retail building located in the City of London within London’s Eastern City Cluster of tall buildings. It consists of approximately 214,000 sq ft, spread over 6 office floors and 4 retail floors, with Marks and Spencer as its anchor retail tenant.


Tenacity and its investors completed the acquisition of 70 Gracechurch Street in October 2017. Tenacity is currently considering long term asset management options for the building.

Tenacity is proposing redevelopment plans for approximately 600,000 sqft of office and retail space.

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55 Gracechurch Street, The City, London

Office & Retail - Core / Long-Term Value Add
55 Gracechurch Street is a second prime office and retail building located in the City of London.  It consists of approximately 75,000 sq ft of offices, arranged over 9 floors.


Tenacity and its partners completed the acquisition in August 2018. Tenacity led all aspects of the acquisition process and continues to manage the asset on an ongoing basis.


Tenacity intends to redevelop​ the site into a 31 storey, office-led, sustainable building.


299QRC, Queen's Road Central, Hong Kong

Office & Retail - Core / Long-Term Value Add
299QRC is a refurbished retail and office building located in Hong Kong's Sheung Wan area, a few minutes walk from the Central Business District.


299QRC comprises of 3 podium retail floors and 20 office floors. Tenacity and its investors completed the acquisition in December 2018. Having led the investment process, Tenacity continues to act as asset manager.

39 Macau

Office & Retail - Asset Repositioning

39 Macau is a newly refurbished Grade A commercial and retail complex.   Strategically situated at the heart of Macau’s Commercial Business District, 39 Macau provides centrally located, state-of-the-art facilities for its commercial and retail tenants.  The building houses approximately 170,000 sq ft of Grade A commercial space spread across 17 floors, including a grand conference centre on the 15th floor, providing tenants with facilities for hosting seminars, exhibitions and other private functions.  The building’s retail space boasts a 5-storey podium spanning 70,000 sq ft. Retail tenants include a variety of high-end boutiques and food & beverage outlets.


Tenacity led all aspects of the investment and repositioning, including transaction execution, design and renovation, property and tenant management and sale process and timing. Tenacity and its investors successfully sold the property in 2011.

78 – 80 Wing Lok Street, Sheung Wan, Hong Kong

Office & Retail - Redevelopment

78-80 Wing Lok Street is a prime commercial site located in Sheung Wan, Hong Kong, within 3 minutes’ walk from Sheung Wan MTR station. It consists of two aged, low-rise buildings located on a 1,328 sq ft corner site, ideal for redevelopment into an office and retail tower. The site is perfectly positioned to benefit from the ongoing area gentrification, as well as the strong office demand from occupiers seeking lower-cost alternatives to Central. While small in size, the corner-nature of the site provided options for amalgamation by unlocking value in adjacent sites. On behalf of its investor group, Tenacity identified the opportunity and developed preliminary plans for redevelopment schemes, evaluating both standalone and amalgamation alternatives.  Having received a highly attractive, unsolicited offer for the property, the site was ultimately sold prior to redevelopment, but achieved a notable short-term return.

The Callisto, Macau

Residential - Development

The Callisto, Macau is a proposed residential development at Lots C5 and C6, adjacent to the Macau Tower, and on the shores of Nam Van Lake. The ultra-luxury residential complex designed by Jim Hancock at the IBI Group will consist of two 35-storey towers with approximately 300 units, and eleven 3-storey townhouses, with a gross floor area totalling almost 600,000 sq ft.  The development will house an extensive clubhouse, which will include an indoor infinity swimming pool, gymnasium and spa.


Tenacity and its partners completed its investment in Lots C5 and C6 in 2006. It is awaiting City planning approval before commencing construction.

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