Media Coverage

Swire Properties announced its retail portfolio operating statement for the third quarter of 2023, which reflected growth in tenant occupancy and retail sales. The occupancy rate of Pacific Place was 97%, a one percentage point increase quarter-on-quarter, with retail sales increasing by 50%. Cityplaza and Citygate Outlets were both fully occupied, with retail sales increasing by 8.8% and 51% quarter-on-quarter, respectively. The Company welcomes the Government’s initiatives to improve overall local market sentiments, including the "Night Vibes Hong Kong" campaign and other major events.

The overall office occupancy rate in Hong Kong for the first three quarters to the end of September 2023 was 93%. Among them, Pacific Place’s occupancy rate was 97% flat, while Taikoo Place’s occupancy rate was 92%.