Swire Properties reported a 27% rise in underlying profit to HK$8.62 billion ($1.10 billion) for 2025, with revenue up 11% to HK$16.04 billion ($2.05 billion). Recurring profit dipped 3% to HK$6.26 billion ($800 million) on lower rental income and softer Hong Kong office rents. Mainland China retail sales rose 7%, 65% above 2019 levels, with HKRI Taikoo Hui in Shanghai hosting a Louis Vuitton pop-up. Swire’s HK$100 billion ($12.8 billion) investment plan is 67% committed, with the House Collective hotel brand set to expand to Shenzhen, Xi’an, and Tokyo by 2029.

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