Swire Properties continues to focus its development on quality properties in prime locations. Work is currently under way on the following projects that are scheduled for completion in the next few years.

Hong Kong

Cityplaza Hotel

Swire Properties will develop an international hotel to complement its Island East portfolio. The 350-room hotel will be directly connected to Cityplaza, Hong Kong's island largest shopping and leisure complex. Targeted for completion in 2009, the hotel will enhance Island East's prominence as a fully integrated business, leisure and lifestyle hub.

Seymour Road

In 2005 Swire Properties completed the acquisition and possession of a residential site on Seymour Road in Mid-Levels. Demolition work was completed in early 2006.  The site has an approved development gross floor area of approximately 174,000 sq ft (16,000 sqm).

Wong Chuk Hang Road

A former bus depot site on Wong Chuk Hang Road, Aberdeen, is owned 50:50 by Swire Properties and China Motor Bus. It has an industrial development potential of 382,000 sq ft (35,000 sqm). No decision has been taken on when to proceed with this project until market conditions improve.

China

TaiKoo Hui, Guangzhou

TaiKoo Hui is one of Swire Properties' major developments in Mainland China. The Company holds a 97% stake in this joint venture development with the Guangzhou Daily News Group.

The TaiKoo Hui complex. situated in the Tianhe District of Guangzhou, will consist of shopping mall, two office towers, a cultural centre, a five-star hotel and a boutique hotel. Comprising more than 4,800,000 sq ft (450,000 sq m) in total, TaiKoo Hui will be managed by Swire Properties upon completion. The five star hotel at TaiKoo Hui, consisting of 340 rooms and 70 service apartments, will be managed by Mandarin Oriental Hotel Group.

Dazhongli, Shanghai

Comprising more than 3,120,000 sq ft (290,000 sq m) in total, the development consists of offices, hotels, retail and serviced apartments, to be held primarily for long term investment.