Swire Properties reported a 93% office occupancy rate in Hong Kong for Q4 2024, consistent with the beginning of the year. Pacific Place reached 95%, while Taikoo Place had a 93% rate. Rents fell 16% and 10% YoY, respectively. Retail properties, including Pacific Place Mall, Cityplaza, and Citygate Outlets, maintained 100% occupancy, but saw sales decline by 10.7%, 2.3%, and 3.9%. In mainland China, retail occupancy ranged from 93% to 100%, with Taikoo Hui in Guangzhou fully occupied. Only Taikoo Li Qiantan in Shanghai experienced a 3.4% retail sales increase.