Business Overview | Property

Wharf Estates Limited

Wharf Estates Limited's main business operations are Harbour City and Times Square. These two core investment properties of the Group represent well over half of its total assets.

Harbour City
Harbour City, at the tip of the Tsim Sha Tsui peninsula in Kowloon, usually generates some 60% of the Group's gross rental income from its 8.4 million square feet of prime commercial space comprising offices, retail shops, serviced apartments, hotels and club, and approximately 2,000 car parking spaces. With its 700 shops and restaurants, Harbour City is home of Hong Kong's largest shopping, dining and entertainment centre.

Times Square
A landmark property in Causeway Bay, Hong Kong's busiest shopping district, Times Square comprises one million square feet of top quality Grade A office space, a highly popular retail podium of similar size and over 700 car parking spaces. It has been named one of Hong Kong's top 10 tourist attractions by the Hong Kong Tourism Board.

Wharf Estates Development Limited

Wharf Estates Development Limited is the property development arm of the Wharf Group with net business assets of HK$9.4 billion comprising investment properties, development projects and other properties.

Property List      
  Project Nature GFA (sq ft) %Owned
77 Peak Road
Residential 32,000 100%
Bellagio Phase Tower 1,2,3 & 5
Residential 1,591,800## 33%
Bellagio Phase Tower 6,7,8 & 9
Residential 1,525,300# 33%
Cable TV Tower South
Retail/Hotel 596,000 100%
Chelsea Court Residential 43,000 100%
Kowloon Godown
Residential/Hotel 1,078,000 100%
Mountain Court
Residential 49,900 100%
No. 1 Plantation Road
Residential 97,000 100%
No. 3-5 Gough Hill Path Residential 24,700 100%
No. 60 Victoria Road Residential 48,800 67%*
Sorrento Phase I & II
Residential 2,531,000# 33%*
Various Units of Strawberry Hill
Residential 37,000 100%
World Trade Square Office/Retail 395,000 100%
Yau Tong Godown
Retail/Residential 244,000 100%
Yau Tong JV Project
Retail/Residential 9,041,000 15.6%

# Substantially sold
## Partly pre-sold
* Effective ownership

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