Swire Properties (HKG:1972) said its shopping malls continued to outperform the market in the third quarter ended September 2025, with all assets achieving 100% occupancy, The Standard reported Tuesday.
Pacific Place, Cityplaza, and Citygate Outlets recorded positive year-on-year retail sales growth, supported by tenant mix upgrades and upcoming festival marketing campaigns, the report said.
In the office segment, Pacific Place occupancy rose to 96% despite a 13% year-on-year decline in rents, while Taikoo Place held steady at 90% as rents fell 15% over the first nine months.
Swire's newest Grade-A towers, Two Taikoo Place and Six Pacific Place, posted occupancy rates of 73% and 65%, respectively, according to the report.
In mainland China, all six Swire malls recorded positive year-on-year sales growth, it added.
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