Progress report on key projects undertaken by Swire Properties

摘要

In the recent 2018 financial results announcement, Swire Properties reported the group's key projects in progress. Highlights on some of the projects are: 1 In March 2018, Swire Properties completed the acquisition of a 50% interest in Shanghai Qianxiu Co Ltd from a subsidiary of Shanghai Lujiazui Finance & Trade Zone Development Co Ltd. Shanghai Qianxiu is developing a retail project with an aggregate GFA of approximately, 50,000 square feet in Qiantan, Pudong New District in Shanghai. The development (now called Taikoo Li Qiantan) is expected to be completed in 2020.