At a media event marking the 10th anniversary of Chengdu Taikoo Li last week, Swire Properties CEO Tim Blackburn shared updates on the company’s HK$100 billion ($12.88 billion) investment plan announced in early 2022, with around 50 billion RMB ($6.85 billion) allocated to mainland China. So far, 92% of the committed funds have been deployed. Key developments include the introduction of the Taikoo Place brand to Beijing and the company’s first mainland residential project, Lujiazui Taikoo Yuan in Shanghai. The Beijing Taikoo Place project, Swire’s largest mainland investment to date, is under construction in Chaoyang District and will feature offices, retail, a hotel, and serviced apartments across 860,000 sqm, set to open in phases from late 2026. Swire is also expanding in Xi’an, Sanya, Shanghai, and Guangzhou.