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Swire Properties: Group's HK Office Rental Decline Narrows, But Mkt Remains Under Pressure
Recommend 2 Positive 3 Negative 4 |
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SWIRE PACIFIC A (00019.HK) and SWIREPROPERTIES (01972.HK) have held an annual results conference. CEO Tim Blackburn said that the decline in renewal rents for the group's Hong Kong offices has narrowed since 4Q25, though the market remains under pressure due to abundant supply. While Hong Kong's retail market was picking up last year, the group's malls were optimizing tenant mix, successfully maintaining a 100% occupancy rate throughout the year, Blackburn added. AAStocks Financial News |
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