Media Coverage

Chinese Mainland

23 Sep 2023

Media:

Hong Kong Commercial Daily

Swire Properties puts half of its 100 billion investment to Chinese Mainland

Swire Properties Chief Executive Tim Blackburn expressed the Company’s desire to enhance Guangzhou’s global stature. During the "Invest Guangzhou" Hong Kong promotion conference, Blackburn revealed that half of the Company’s HKD100 billion investment plan will be allocated to projects in the Chinese Mainland, while HKD30 billion will be invested in Hong Kong projects and another HKD20 billion will be directed towards residential trading in Hong Kong and investments in Southeast Asia.

Blackburn noted Taikoo Hui in Guangzhou was Swire Properties’ first project in the Chinese Mainland, which has since become a major landmark of the city. In addition, the Company is exploring opportunities for collaboration with Guangzhou Pearl River Development to jointly develop a new commercial project in the Julong Bay Area of the Liwan District. The objective is to integrate modern architecture with cultural and historical buildings.

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Hong Kong Commercial Daily

23 Sep 2023