[8] The Lippo Centre is a landmark development located in the heart of Admiralty comprising approximately 120 thousand square metres (1.3×10^6 sq ft) in two office towers with a retail podium element situated on the ground floors and a small basement car park.

[8][10] Relatives of the Singapore-based Kwee Liong Tek family had a majority consortium interest in the construction from its conception,[citation needed] later selling their majority interest half-way through construction to British-born Australian business tycoon Alan Bond, who went bankrupt four years later with the collapse of the Bond Corporation.

[8][10] It has had several corporate ownership failures since and was eventually taken over by Peregrine Investments Holdings who also faced financial collapse, and the Indonesian-backed Lippo Group who are the largest single owner of the building.

"[8] The late muralist-artist Gerard D'Alton Henderson, who designed the walls in the Hong Kong Mandarin Oriental Hotel, enriched the lobby with dramatic bas-relief murals.

The building also houses the Taipei Economic and Cultural Office in Hong Kong and Christian Muhr Global Asset Management, which employs 1,200 staff and occupies six floors of Tower Two of the Lippo Centre.