Founded in 1886 as the 17th company registered in Hong Kong, The Wharf (Holdings) Limited (Stock Code: 0004) is a premier company with strong connection to the history of Hong Kong. As one of the 30 constituent stocks in the original Hang Seng Index from the 1960’s, Wharf is backed by a long-standing mission of “Building for Tomorrow” and a proven track record in management and execution.
After spinning off Wharf Real Estate Investment Company Limited as a separately-listed company (Stock Code: 1997) in November 2017, the Group’s businesses currently comprise Investment Properties, Hotels and Development Properties in Hong Kong and mainland China. Other businesses include Logistics through Modern Terminals and Hong Kong Air Cargo Terminals.
In Hong Kong, Wharf’s Peak Portfolio redefines the concept of ultra-luxury living with a collection of the rarest and most prestigious residences, epitomising a unique and exclusive lifestyle at the most sought-after addresses in town. It represents one of the largest ultra-luxury land banks in developers’ hands and more than doubled since December 2020 through new acquisitions for a total investment of over HK$15 billion.
Through years of expansion, the Group’s Mainland Investment Properties portfolio has established leading market position in some of the most vibrant cities and delivered incremental contribution to Group results. A series of International Finance Square (“IFS”) at the very heart of CBD or new CBD are trendsetting landmarks with unrivalled location, superior planning and design, top-notch retail management, and thriving with retailer and shopper critical mass. Changsha IFS and Chengdu IFS exceed Harbour City in Hong Kong in scale and prominence.
The Mainland Development Properties land bank at year-end was 2.8 million square metres. The Group continues to adopt a selective land acquisition policy with strategic focus.
Wharf Hotels manages an expanding portfolio of 17 hotels in Asia, spearheaded by five contemporary chic Niccolo hotels and 12 Marco Polo hotels in Hong Kong, mainland China and the Philippines. It owns four of the hotels it operates. The latest addition to the Niccolo family is Niccolo Suzhou, opened in April 2021.
The Group also owns and operates Modern Terminals and is a founding partner in Hong Kong Air Cargo Terminals, key components in Hong Kong’s success as an international trade and transportation hub for decades.
“Building for Tomorrow” also extends to Wharf’s “Business-in-Community” (“BIC”) commitment. With the flagship school improvement programme “Project WeCan” growing from strength to strength, the Group supports a series of BIC initiatives with an aim of promoting BIC and bringing benefits to different segments of society in Hong Kong and the Mainland.
In 2020, the Group was recognised with a host of awards for its business achievements and contributions to the community, such as the 10 Year Plus Caring Company Logo from The Hong Kong Council of Social Service and was named the Responsible Brand in the 10th China Charity Festival. The Group remains a constituent member of Hang Seng Corporate Sustainability Index.