On April 23, 2010, we celebrated a major milestone in our community outreach calendar with the opening of the Hang Lung Center for Real Estate at Tsinghua University in Beijing. With a donation of RMB 33 million, to-date, the Hang Lung Real Estate Research Fund under the Tsinghua University Education Foundation was established to support the Center in its role as a research institute jointly developed by Tsinghua's School of Civil Engineering, School of Economics and Management, and School of Architecture. In April 2023, Hang Lung and Tsinghua University began to further deepen their cooperation on industry-university work in the field of sustainability, proptech innovations, and exceptional talent cultivation.
Academic Results
- In 2021, HLCRE ranked 54th in the RePEC/IDEAS database on the impact of Chinese economics institutions and continues to be the top among urban and real estate-related research institutions
- The Center has published in excess of 400 academic papers/publications, some in top national and international journals such as Nature Climate Change; the Journal of Public Economics and Energy Economics; the Journal of Management in Engineering; the Journal of Housing Economics and Statistical Research; and the Journal of Public Administration
- The Center has published three indexes: China Residential Land Price Indexes (since September 2014), China Quality-Controlled Housing Price Index (since October 2015), and China Urban Housing Affordability Index (since November 2019)
Industry Influence
- HLCRE hosted or co-hosted a variety of academic events, including the Asia Pacific Real Estate Research Symposium with nearly 700 scholars in attendance, and during which hundreds of high-quality academic papers were discussed
- The Center organized around 80 Hang Lung Real Estate Seminars, inviting renowned national and international scholars and industry representatives to share latest research findings and promote dialogue
- In 2023, Hang Lung has also initiated a “Sustainable Real Estate Scheme” for Tsinghua University teachers and postgraduates, funding their creative academic research on topics including green buildings, healthy buildings, low-carbon development and digitalization, to promote the application of research findings to daily life
Deepening Cooperation
- Focus on sustainability for commercial and mixed-use developments, and proptech solutions, including the energy efficiency of office towers, shopping malls and service apartments, the reduction of embodied carbon, effective use of water resources, waste management and circularity, and biodiversity protection
- Unfold multi-level talent development programs through webinars and training opportunities for corporate executives and prospective young talent. Additionally, the Center will set up new seats for the Hang Lung Chair Professor of the Faculty of Civil Engineering to support talent development and sustainability in the real estate industry
