SWIRE PACIFIC LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
太古股份有限公司
(Incorporated in Hong Kong with limited liability)
(Stock Codes: 00019 and 00087)太古地產有限公司
(Incorporated in Hong Kong with limited liability)
(Stock Code: 1972)This statement contains certain operating information about Swire Properties Limited in relation to the fourth quarter of 2015. The information has been prepared on the basis of internal management records. It has not been audited or reviewed by external auditors.
Completed Investment Properties
Office
RetailPrincipal Properties
Occupancy
Area Let (New and renewed tenancies)
(For the year
ended 31 Dec 2015)
Reversion(1)
(For the year
ended 31 Dec 2015)
(including rent
reviews)
Latest Rentals
(Headline)
(As at 31 Dec
2014)
(As at 31 Dec
2015)
Hong Kong
(sq ft)
(HK$ psf)
Pacific Place
94%
100%
227,509
- 1%
1PP / 2PP: 110 - 125
3PP: 90 - 100
Cityplaza
100%
100%
216,014
+ 15%
mid 40s - high 40s
Taikoo Place (2)
98%
99%
301,198
+ 10%
mid 40s - high 40s
One Island East
98%
99%
243,448
+ 8%
mid 50s - high 60s
Techno-centres (3)
100%
100%
125,219
+ 6%
mid 20s
Overall HK Office
97%
99%
N/A
N/A
N/A
Mainland China
(sq m)
(RMB psm)
TaiKoo Hui Offices
100% (4)
100%
9,313
N/A
mid 100s - high 100s
ONE INDIGO
100% (4)
92% (4)
16,221
N/A
mid 200s - high 200s
Principal Properties
Occupancy
Retail Sales
Growth
(For the year
ended 31 Dec 2015)
(As at 31 Dec
2014)
(As at 31 Dec
2015)
Hong Kong
The Mall, Pacific Place
100%
100%
- 11.8%
Cityplaza
100%
100%
+ 0.7%
Citygate Outlets
100%
100%
- 10.0%
Mainland China
Taikoo Li Sanlitun
95% (4)
94% (4)
+ 3.3%
TaiKoo Hui, Guangzhou
99% (4)
99% (4)
+ 16.2%
INDIGO
95% (4)
97% (4)
+ 30.3%
Sino-Ocean Taikoo Li Chengdu
N/A
88% (4)
N/A
Notes:Reversion is the percentage change in rent on lease renewals, entry into new leases and rent reviews.
Including PCCW Tower.
Excluding Somerset House.
Including space allocated to prospective tenants who have signed letters of intent.
Investment Properties and Hotels Under Development
Principal Properties
GFA
(100% basis)
Expected
Completion
Development Status
Hong Kong
(sq ft)
Somerset House Redevelopment
~1,020,000
2018
- Excavation and foundation works in progress.
Tung Chung Town Lot No. 11
~477,700 (5)
2017
- Excavation and foundation works in progress.
New Kowloon Inland Lot No. 6312
~555,000
2017
- Substructure and superstructure works in progress.
8 - 10 Wong Chuk Hang Road
~382,500
2018
- Excavation and foundation works in progress.
Mainland China
(sq m)
HKRI Taikoo Hui, Shanghai
322,272
From 2016 (6)
Miami, Florida, USA
(sq ft)
Brickell City Centre (7)
2,211,000
(Phase I)
1,967,000
(Phase II)
From 2016 (8)
To be determined
Structural works has been completed.
Interior decoration, mechanical and electrical installation works in progress.
Phase I, construction work in progress.
Phase II, development being planned.
Excluding public transport terminus of approximately 61,900 sq ft to be built and handed over to the Government upon completion.
The development is expected to open in phases commencing from 2016.
Including the residential portion, which is being developed for trading purposes.
The development is expected to open in phases commencing from 2016.
Trading Properties
Represents the saleable area of the remaining unsold units.
Excluding carparks.
The profit from the sale of 122 units was recognised before 2015. The profit from the sale of four units was recognised in 2015.
The profit from the sale of 27 units was recognised before 2015. The profit from the sale of three units was recognised in 2015.
The profit from the sale of 52 units was recognised in 2014. The profit from the sale of one unit was recognised in 2015.
The profit from the sale of 82 units was recognised in 2014. The profit from the sale of nine units was recognised in 2015.
The profit from the sale of 112 units was recognised in 2015.
The profit from the sale of one unit was recognised in 2015.
334 units have been sold and one of the buyers has an unexpired statutory right of rescission. The development is expected to be completed and available for handover to purchasers in 2016.
151 units have been sold and two of the buyers have unexpired statutory rights of rescission. The development is expected to be completed and available for handover to purchasers in 2016.
Trading Properties | GFA (100% basis) | Expected Completion | Expected Handover | Development Status |
Hong Kong | (sq ft) | |||
ALASSIO ((formerly known as "100 Caine Road") | 195,533 | 2016 | 2017 | - Superstructure work in progress. |
Trading Properties Sold or Being Sold or Pre-sold (As at 28 January 2016) | Saleable Area (9) (100% basis) | Total Units | Units Sold / Pre-sold | Average Sale Price (10) (based on saleable area) |
Hong Kong | (sq ft) | (HK$ psf) | ||
AZURA | - | 126 | 126 (11) | 31,309 |
ARGENTA | - | 30 | 30 (12) | 33,466 |
DUNBAR PLACE | - | 53 | 53 (13) | 22,197 |
MOUNT PARKER RESIDENCES | 2,748 | 92 | 91 (14) | 24,833 |
AREZZO | 22,704 | 127 | 112 (15) | 29,555 |
WHITESANDS | 62,957 | 28 | 1 (16) | 25,754 |
Miami, Florida, USA | (sq ft) | (US$ psf) | ||
Reach, Brickell City Centre | 104,326 | 390 | 334 (17) | mid 600s |
Rise, Brickell City Centre | 350,913 | 390 | 151 (18) | high 600s |
As at the date of this announcement, the Directors of Swire Pacific Limited are:
Executive Directors: J.R. Slosar (Chairman), G.M.C. Bradley, I.K.L. Chu, M. Cubbon, J.B. Rae-Smith, I.S.C. Shiu, A.K.W. Tang;
Non-Executive Directors: P.A. Johansen, M.B. Swire, S.C. Swire; and
Independent Non-Executive Directors: T.G. Freshwater, C. Lee, R.W.M. Lee, G.R.H Orr,
M.C.C. Sze and M.M.T. Yang.
As at the date of this announcement, the Directors of Swire Properties Limited are:
Executive Directors: J.R. Slosar (Chairman), G.M.C. Bradley, M.M.S. Low, D.C.Y. Ho and
G.J. Ongley;
Non-Executive Directors: M. Cubbon, P. Healy, R.S.K. Lim and M.B. Swire;
Independent Non-Executive Directors: S.E. Bradley, J.C.C. Chan, P.K. Etchells, S.T. Fung and S.C. Liu.
By Order of the Board SWIRE PACIFIC LIMITED 太古股份有限公司 David Fu Company Secretary Hong Kong, 29th January 2016 | By Order of the Board SWIRE PROPERTIES LIMITED 太古地產有限公司 David Fu Company Secretary Hong Kong, 29th January 2016 |
Swire Pacific Ltd. issued this content on 29 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 January 2016 11:06:17 UTC
Original Document: http://www.irasia.com/listco/hk/swire/announcement/a154548-ew.pdf
