Shopping malls generate HK$1.3b rental income for Swire Properties
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Shopping malls generate HK$1.3b rental income for Swire Properties
Swire Properties (1972) shopping malls including The Mall at Pacific Place, Cityplaza in Taikoo Shing and Citygate Outlets at Tung Chung generated gross rental income of HK$1.35 billion in the first half, the company reported today.
At June 30, 2016, the retail properties in Hong Kong were valued at HK$52.79 billion. Of this amount, Swire Properties’ attributable interest represented HK$46.46 billion.
Questions & Answers
Q.What was the total gross rental income from Swire Properties' shopping malls in the first half of the year?
What was the total gross rental income from Swire Properties' shopping malls in the first half of the year?
The shopping malls, including Pacific Place, Cityplaza, and Citygate Outlets, generated HK$1.35 billion in gross rental income in the first half.
Q.What was the total valuation of the retail properties in Hong Kong at the end of June 2016?
What was the total valuation of the retail properties in Hong Kong at the end of June 2016?
The retail properties in Hong Kong were valued at HK$52.79 billion as of June 30, 2016.
Q.What was Swire Properties' attributable interest in the valuation of these retail properties?
What was Swire Properties' attributable interest in the valuation of these retail properties?
Swire Properties' attributable interest in the retail properties' valuation was HK$46.46 billion.