HONG KONG, CHINA - Media OutReach - 11 December 2019 - Waterfront Suites is proud to announce that it has been awarded "Best Seaview Serviced Apartment" at the Squarefoot Best of the Best Awards 2019. This marks the first industry award for the property since it opened its doors in April this year.

Having been established ten years ago, the inaugural Squarefoot Best of the Best Awards aims to honour leading industry players in Hong Kong and overseas for outstanding service in the property services sector during the year. The organiser, squarefoot.com.hk ("Squarefoot") is one of the market-leading cross-media property platforms operated by the REA Group Limited (ASX:REA) in Asia.

As the first accolade received since Waterfront Suites' opening in 2019, the industry honour reflects the achievement of the property in operating high-quality serviced residences.

Ms Alicia Too, Regional General Manager, Hong Kong, said, "On behalf of Waterfront Suites, I would like to thank Squarefoot for presenting this significant award to us. It serves as an important recognition amongst our Community Team for their dedication to excellence in guest service. We will continue to provide the best by-the-sea living experience for residents in Hong Kong."

(Left) Kenneth Kent, General Manager, Hong Kong of REA Group and (Right) Alicia Too, Regional General Manager, Hong Kong of Lanson Place at the award ceremony of the "Squarefoot Best of the Best Awards 2019" on 18 Oct 2019

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For more information on Waterfront Suites, please visit www.waterfrontsuites.lansonplace.com.

About squarefoot.com.hk:

squarefoot.com.hkis a leading cross-media property platform in Hong Kong to address local peopleneeds for diverse property information about Hong Kong and internal marketsduring their property-seeking journeys. Combining years of insights and experience frombeing in the Hong Kong property market with the strength of REA Group as aglobal leader in property, to provide the best customer and consumerexperiences.

About Lanson Place Hospitality Management Limited:

LansonPlace is a wholly-owned subsidiary of Wing Tai Properties Limited (Wing Tai), apublicly listed company in Hong Kong (SEHK stock code:369), currently manages twelveproperties (in which two, Wing Tai has equity) comprising luxury hotels andserviced apartments in Shanghai, Chengdu, Kuala Lumpur, Singapore and Hong Kong.The Group will be operating brand-new luxurious serviced apartments and hotelin Melbourne and Manila in 2022.

LansonPlace properties are typically located in close proximity to the centralbusiness districts in which they operate as well as nearby shopping andentertainment precincts. The Group strives to offer highly attentive andpersonalised service with the convenience of a luxury hotel and the comfort andprivacy of home.

TheGroup will continue to grow the Lanson Place brand as it explores investmentand management opportunities mainly in gateway cities in the Asia-Pacificregion.