Swire Pacific (00019, 00087) and Swire Properties (01972) have disclosed the operating data for Swire Properties’ completed and under-development investment properties, as well as its trading properties, for the third quarter of 2025. In Hong Kong, office occupancy at Pacific Place rose to 96% at 30 September 2025 from 95% at 31 December 2024, while Taikoo Place (excluding the newly completed Two Taikoo Place) recorded a 90% occupancy rate. In the Chinese Mainland, Taikoo Hui Offices in Guangzhou maintained a 90% occupancy rate, whereas HKRI Centre 1 & Centre 2 in Shanghai stood at 93%. On the retail front, The Mall at Pacific Place, Cityplaza, and Citygate Outlets each reported full occupancy, while retail sales at HKRI Taikoo Hui in Shanghai grew 41.9% year-on-year.
New and ongoing developments include Taikoo Place Beijing, where superstructure and façade works are set to continue toward an expected completion from mid-2026, and Taikoo Li Xi’an, which is undergoing basement and superstructure construction with an expected phased completion from 2027. Other major projects—such as Taikoo Li Sanya, the Shanghai New Bund Mixed-use Project, and Lujiazui Taikoo Yuan in Shanghai—are at various stages of construction. In Hong Kong, work progresses on 269 Queen’s Road East, slated for completion in 2027, and on several residential sites, including The Headland Residences, where the first phase is complete and handing over from 2026.
Trading properties saw continued sales at various projects. In Hong Kong, EIGHT STAR STREET registered 36 units sold/pre-sold at an average of HK$39,995 per square foot, while LA MONTAGNE Phase 4A reported 306 units sold/pre-sold at HK$25,432 per square foot. In the Chinese Mainland, Century Summit and Century Heights in Shanghai are expected to recognize most of their sales by the end of 2026, and Lujiazui Taikoo Yuan Residences continues to advance toward its phased sales handover. Jakarta’s Savyavasa, having obtained its occupation permit in October 2025, reported 165 units sold/pre-sold at an average of IDR6,010,571 per square foot.