Swire Group, whose activities span property, aviation, beverages, marine services, and trading and industrial, is a Hong Kong listed conglomerate. It is the parent of Hong Kong carrier, Cathay Pacific Airways, and Dragonair, and Hong Kong Aircraft Engineering Co (Haeco) is a subsidiary. Swire Pacific and Swire Properties are the main listed arms of the group, which also owns Swire Hotels.
Homeowners in Hong Kong wishing to sell their flats may be more willing to reduce their asking prices after the government withdrew a residential site in Tai Po from sale last week.Wednesday, 19 March, 2014, 3:36am
Swire Properties will spend HK$10 billion over the next few years to turn three industrial buildings in Quarry Bay's Taikoo Place into two grade A office towers, making it one of the company's biggest investments in a project in a decade.14 Mar 2014 - 4:25am
Unlike rival luxury home developers with numerous large projects due for launch, Swire Properties won't be taking part in a price war. Prices at its completed residential project, Mount Parker Residences in Quarry Bay, could set a record in the district.12 Mar 2014 - 2:53am
Swire Properties failed in its bid this week to attract a buyer for a unit in its super-deluxe apartment tower, Opus, at a record-breaking reference price of HK$86,892 per square foot.20 Dec 2013 - 3:21am 5 comments
Swire Properties last week outbid 16 other developers to win a commercial site at the junction of Wang Chiu Road and Lam Lee Street, Kowloon Bay, for HK$2.64 billion. The bid represents an accommodation value of HK$4,753 per square foot.13 Nov 2013 - 4:01am
Rental growth of Swire Properties' mainland portfolio will remain strong on the back of consumers' appetite despite a slowing economy, said its mainland chief executive, noting that the Hong Kong-based commercial landlord is seeking to add more new projects.15 Oct 2013 - 10:10am
Swire Pacific said on Thursday that adjusted underlying attributable profit rose 48 per cent to HK$3.30 billion in the first half of this year, underpinned by improved earnings from the group’s property, beverage and marine services arms.16 Aug 2013 - 3:44am
Swire Properties cut its interim dividend as it adopted a cautious approach to Hong Kong office and residential markets in the second half of the year.16 Aug 2013 - 9:45am
While their rivals have repeatedly complained against the government's tougher rules on new home sales, Swire Properties and Hong Kong Ferry have taken an entirely different tack.4 Jul 2013 - 3:48am
Swire Properties sold 16 of the 30 units it offered for sale at Dunbar Place in Ho Man Tin in the week after new rules regulating flat sales took effect in April.
The developer generated an estimated HK$468 million from the sale of the units that went on the market on April 30, a day after the Residential Properties (First-hand Sales) Ordinance took effect.8 May 2013 - 5:21am 1 comment