Wharf Real Estate Investment Co Ltd

01997

Company Profile

  • Business description

    Wharf spun off Wharf Real Estate Investment Co in November 2017. It is a leading property investor with a focus in prime retail assets in Hong Kong. Rental income from two flagship assets Harbour City and Times Square account for around 80% of revenue. The balance is made up of The Murray hotel, a suburban mall in Plaza Hollywood, two offices in Central CBD. The group also holds two malls in Singapore and a mixed-development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city-center and waterfront locations. The Harbour City site was previously wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 45% stake in Wharf REIC.

  • Contact

    16th Floor, Ocean Centre
    Harbour City, Kowloon
    Hong Kong
    HKG

    T: +852 21183118

    E: [email protected]

    https://www.wharfreic.com

  • Sector

    Real Estate

    Stock type

    Cyclical

  • Industry

    Real Estate Services

    Fiscal Year End

    31 December 2024

    Employees

    2,900

Wharf Real Estate Investment Co Ltd News & Analysis

stocks

5 Asian stocks for your pick list

These China and Hong Kong listed companies are well placed amid the post-covid race to economic recovery, say Morningstar analysts.
stocks

5 Asian stocks for your pick list

A bank, retail property developer and hygiene products company are among these five new additions to Morningstar's list of undervalued Asia large- to mid-cap stocks.
stocks

Morningstar runs the numbers

We take a numerical look through this week's Morningstar research. Plus, our most popular articles and videos for the week ended 11 October.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,645.3078.300.91%
CAC 407,213.3214.870.21%
DAX 4019,146.17141.390.74%
Dow JONES (US)43,870.35461.881.06%
FTSE 1008,149.2764.200.79%
HKSE19,343.91257.20-1.31%
NASDAQ18,972.426.280.03%
Nikkei 22538,365.24339.070.89%
NZX 50 Index13,041.90276.662.17%
S&P 5005,948.7131.600.53%
S&P/ASX 2008,406.0083.001.00%
SSE Composite Index3,336.9333.47-0.99%

Market Movers