Hong Kong developers Swire and Wharf report profit growth amid valuation pressure

Swire Properties reported stronger underlying earnings in 2025, as the Hong Kong developer stepped up asset disposals and expanded its mainland China retail portfolio, though weakness in the city’s office market dragged the company into a headline loss. Underlying profit rose 27 per cent to HK$8.62 billion (US$1.1 billion), driven largely by gains from the disposal of noncore assets including the Brickell City Centre retail mall in Miami and several properties in Hong Kong, according to the...

Source: scmp.com at 3/12/2026 12:30:11 PM.

Open

#realestate #realty #re #homes #home #spaces