November 23, 2017 – Wharf Real Estate Investment Company Limited (“Wharf REIC”, stock symbol: 01997.HK) was listed by way of introduction on the Main Board of Hong Kong Stock Exchange.
Spun off from The Wharf (Holdings) Limited (stock code: 00004.HK), listed by way of introduction on HKEX, Wharf REIC holds a portfolio of 11 million square feet (1.02 million square meters) of real estate properties worth HK$230 billion and generates a total annual revenue of HK$13 billion. Its flagship properties in Hong Kong include Harbor City, Times Square, Plaza Hollywood, Crawford house, Wheelock House and other prime buildings of offices, hotels, and shopping malls. Wharf REIC also owns quality investment and development properties in China such as Suzhou International Finance Square, Marco Polo Changzhou, Times Villa Changzhou, Presidential Garden Changzhou, Times Uptown Suzhou and Cosmos One World Chongqing.
As Wharf REIC’s Chinese legal counsel, Jingtian & Gongcheng were engaged in the entire IPO process including performing the due diligence and compliance review for Wharf REIC’s domestic subsidiaries and properties.