Business Overview | China

Wharf China Limited

Wharf China Limited's main business operations include Wharf Estates China, Marco Polo Hotel and Modern Terminals.

Wharf Estates China Limited
Wharf Estates China develops and manages high-quality investment properties in cosmopolitan cities in mainland China through its successful brand "Times Square". Three complexes are currently in operation, namely, Beijing Capital Times Square, Shanghai Times Square and Chongqing Times Square. Wuhan Times Square and Dalian Times Square are currently under construction. The Group's other property projects in China are progressing according to schedule.

 


Shanghai Times Square

For a list of major projects in China, please see below.

Major projects in China**      
  Project Nature GFA (sq ft) Completion
Beijing Capital Times Square Office/Retail 1,295,000
1999
Shanghai Times Square Office/Retail/Residential
1,211,000 1999
Chongqing Times Square
Office/Retail/Residential
1,570,000* 2004
Shanghai Wellington Garden Residential# 562,000 2006
Shanghai Parc Royal Residential# 802,000 2007
Wuhan Times Square Retail/Residential#
2,408,400 2007
1717 Nan Jing Xi Road Office/Retail 1,589,300 2008
Dalian Times Square Retail/Residential 1,866,000 2007
Shanghai Jingan Garden Residential# 970,000 2008

** Last updated on 22/4/05
* Partly Sold
# Residential includes office-apartments

Marco Polo Hotel Group
For the last 20 years, the Marco Polo name has led the region in the marketing and management of outstanding properties, offering a hotel experience that defines the distinctive warmth and efficiency that is Asian hospitality. The hotel group will have a portfolio of 10 hotels throughout Asia in 2006.

Marco Polo hotels
Country City Number of hotels
China Hong Kong
3
  Beijing 2*
  Shenzhen 1 (opening in 2006)
  Xiamen 1
Philippines Cebu 1 (opening in 2006)
  Davao 1
Vietnam Ho Chi Minh City 1

* One is currently in operation while the other is scheduled to open in 2006.


Modern Terminals
The Group owns 67.59% of Modern Terminals Limited, a leading operator of world-class container terminal services in the South China region.

Modern Terminals' operations in Kwai Chung now consist of seven container berths and two feeder berths, spreading over Container Terminals 1, 2, 5 and 9, with a total handling capacity of 5.5 million TEUs.

The company seeks to expand its business base in Hong Kong and throughout the Pearl River Delta. It will also selectively engage in new opportunities in the growing Yangtze River Delta region.


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