Swire Properties Limited
Swire Properties Limited is a private limited company incorporated in Hong Kong SAR on 3 November 1972 and registered with the Hong Kong Companies Registry under registration number 03706118. The Companies Registry lists the company’s status as active. Swire Properties Limited is a developer, owner and operator of mixed-use, principally commercial property, with its core investment portfolio concentrated in Hong Kong and the Chinese Mainland.
The company’s activities span three main areas: investment properties, hotel investment and management, and property trading. Its Hong Kong investment portfolio is centred on the Pacific Place and Taikoo Place mixed-use developments, while its Chinese Mainland portfolio includes large mixed-use complexes such as Taikoo Hui in Guangzhou, Taikoo Li Sanlitun and INDIGO in Beijing, Taikoo Li in Chengdu, HKRI Taikoo Hui in Shanghai and Taikoo Li in Xi’an. Hotel operations are carried out under the Swire Hotels brand, and the company also undertakes residential property trading in Hong Kong.
Ordinary shares of Swire Properties Limited have traded on the Stock Exchange of Hong Kong since January 2012 under stock code 1972.
For the financial year ended 31 December 2025, Swire Properties Limited reported consolidated revenue of HK$16.04 billion, an increase of approximately 11% on 2024, and underlying profit attributable to shareholders of HK$8.62 billion, up approximately 27%. The rise in underlying profit was driven substantially by non-recurring disposal gains of approximately HK$7.3 billion rather than by recurring rental income, which continued to be affected by softer demand in the Hong Kong office-leasing market; recurring underlying profit, excluding disposal gains, declined by approximately 3% to HK$6.26 billion.
During 2025, Swire Properties Limited completed the disposal of its Brickell City Centre retail and office assets in Miami, Florida, and of an industrial site in Tsing Yi, Hong Kong, as part of a realignment of its portfolio toward its core Hong Kong and Chinese Mainland investment properties.
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Shareholders
1
Shareholders of Swire Properties Limited
The on-file dataset for Swire Properties Limited records a single disclosed substantial shareholder interest: MFS Series Trust XIII – MFS Global Real Estate Fund, shown holding 8,641,400 ordinary shares as at 2 August 2026. This is a fund-level interest of the kind disclosed under Hong Kong’s Securities and Futures Ordinance disclosure-of-interests regime, which applies to holdings in a Hong Kong-listed company at or above the statutory notification threshold. The percentage recorded against this holding (9.09%) could not be reconciled against Swire Properties Limited’s total issued share capital of 5,814,221,400 shares and should be treated with caution pending confirmation from the underlying regulatory filing. The on-file dataset does not include a record for Swire Pacific Limited, which independent research confirms as the company’s majority direct shareholder (see below). Disclosure for a controlled, non-wholly-listed subsidiary of this kind is therefore best described as major-shareholder-only, not a complete shareholder register.
Ultimate beneficial ownership
Swire Pacific Limited (Hong Kong, HKEX: 0019/0087) is confirmed, via Swire Pacific’s Annual Report 2024 (“Principal Subsidiary, Joint Venture and Associated Companies”, as at 31 December 2024), to hold 82.50% of the issued share capital of Swire Properties Limited directly. The same annual report’s Directors’ Report discloses that John Swire & Sons Limited, a UK-incorporated private company, was interested in 60.31% of the equity and 68.13% of the voting rights of Swire Pacific Limited as at 31 December 2024. Because both links in this chain are verified from the same primary source at the same effective date, a calculated effective indirect equity interest can be derived: 60.31% x 82.50% = approximately 49.76%. This is a calculated effective ownership percentage, not a figure reported directly by either company. John Swire & Sons Limited is itself understood to be controlled by trusts associated with the Swire family; no natural person is identified as an ultimate beneficial owner in the sources reviewed, so no individual UBO is named here.
Data availability
Shareholder disclosure for Swire Properties Limited is major-shareholder-only: holdings below the statutory notification threshold, and the complete register of members, are not publicly available. The 82.50% direct holding by Swire Pacific Limited is confirmed through Swire Pacific’s audited annual report rather than through a Swire Properties-specific shareholder filing.
Sources
Hong Kong Companies Registry (cr.gov.hk), on-file registry data. Swire Pacific Limited, Annual Report 2024, “Principal Subsidiary, Joint Venture and Associated Companies” (p.227) and Directors’ Report (p.121), published 1 April 2025, retrieved 16 September 2026, https://site.irasia.com/listco/swirepacific/en/ir/reports/swirepacificAR2024/pdf/en/Swire_AR24_e_227_Principal_Subsidiary_Joint_Venture.pdf and https://site.irasia.com/listco/swirepacific/en/ir/reports/swirepacificAR2024/pdf/en/Swire_AR24_e_121_Directors_Report.pdf.
| Shareholder | Type | Holding | Source Document |
|---|---|---|---|
| MFS SERIES TRUST XIII-MFS Global Real Estate Fund | 9.1% | Companies Registry |
Officers
11
Directors and officers of Swire Properties Limited
The on-file registry dataset lists 11 officer records for Swire Properties Limited, of which 5 detailed records are available in this feed; all 5 are shown with an active work status and none carries a recorded resignation date. The available records show a mix of board-level and senior-management titles rather than a simple director list: Ngan Yee Lung is recorded as Finance Director & Executive Director, Suk Ching Ma as Chief Development Officer & Director, Guobang Peng as Chief Executive Officer of Mainland China, Henry Bott as President of Real Estate Operations, and Don Taylor as Director of Office. Appointment and resignation dates are not disclosed in this dataset for any of the five. Nationality is not disclosed for any officer; the “HK” value recorded against each is a correspondence-country field only and has not been used to infer nationality or residence. External verification of the full board against a primary Hong Kong Companies Registry or HKEX filing was not completed as part of this review.
Data availability
Officer information for this company is partial: 6 of the 11 on-file officer records were not retrieved in this feed, and nationality, appointment date and resignation date fields are not populated for any of the 5 records that are available. This should be treated as an incomplete snapshot rather than a full board listing.
Sources
On-file company registry dataset (source recorded as Hong Kong Companies Registry, cr.gov.hk), retrieved 16 September 2026.
Registry feed — rows exactly as filed with Companies Registry, including entries the profile above does not cover.
Group Structure
Group structure of Swire Properties Limited
Swire Properties Limited is not an independent company. It is a majority-owned subsidiary within the wider Swire group. Its immediate parent is Swire Pacific Limited (Hong Kong, HKEX: 0019/0087), which holds 82.50% of its issued share capital directly, as confirmed in Swire Pacific’s Annual Report 2024. The ultimate identifiable parent is John Swire & Sons Limited, a UK-incorporated private company that held 60.31% of the equity and 68.13% of the voting rights of Swire Pacific Limited as at 31 December 2024. Swire Properties Limited in turn holds numerous direct and indirect property-holding, investment and financing subsidiaries in Hong Kong, the Chinese Mainland and the United States, and joint-venture interests in several Chinese Mainland mixed-use developments. All figures below are as at 31 December 2024 unless stated otherwise.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Swire Pacific Limited | Hong Kong | Not disclosed in sources reviewed | Immediate parent | 82.50% (direct) | Active (HKEX-listed) | 31 Dec 2024 |
| John Swire & Sons Limited | United Kingdom | Not disclosed in sources reviewed | Ultimate parent | 60.31% equity / 68.13% voting rights in Swire Pacific Limited; approximately 49.76% calculated effective indirect equity interest in Swire Properties Limited | Active (private company) | 31 Dec 2024 |
| Pacific Place Holdings Limited | Hong Kong | Not disclosed in sources reviewed | Indirect subsidiary | 100% owned by Swire Properties Limited (82.50% Group-attributable) | Active | 31 Dec 2024 |
| Swire Properties (Finance) Limited | Hong Kong | Not disclosed in sources reviewed | Direct/indirect subsidiary | 100% owned by Swire Properties Limited (82.50% Group-attributable) | Active | 31 Dec 2024 |
| Swire Properties Inc | United States | Not disclosed in sources reviewed | Indirect subsidiary | 100% owned by Swire Properties Limited (82.50% Group-attributable) | Active | 31 Dec 2024 |
| Taikoo Hui (Guangzhou) Development Company Limited | Chinese Mainland | Not disclosed in sources reviewed | Indirect subsidiary (Sino-foreign joint venture) | 97% owned by Swire Properties Limited (80.03% Group-attributable) | Active | 31 Dec 2024 |
| Xi’an Tengyun Real Estate Company Limited | Chinese Mainland | Not disclosed in sources reviewed | Indirect subsidiary (Sino-foreign joint venture) | 70% owned by Swire Properties Limited (57.75% Group-attributable) | Active | 31 Dec 2024 |
Recent structural changes
During 2025, Swire Properties Limited completed the disposal of its Brickell City Centre retail and office assets in Miami, Florida, and of an industrial site in Tsing Yi, Hong Kong, generating combined non-recurring gains of approximately HK$7.3 billion recognised in the company’s 2025 annual results, announced 12 March 2026.
Data availability
Group-structure information for Swire Properties Limited is full for its immediate and ultimate parent and for the material subsidiaries and joint ventures disclosed in Swire Pacific’s audited annual report. It is partial for smaller or dormant group entities, which are not individually listed in the sources reviewed.
Sources
Swire Pacific Limited, Annual Report 2024, “Principal Subsidiary, Joint Venture and Associated Companies” (pp.227-229) and Directors’ Report (p.121), published 1 April 2025, retrieved 16 September 2026. Swire Properties Limited, 2025 Annual Results announcement, 12 March 2026, retrieved 16 September 2026.
Registry feed — rows exactly as filed with Companies Registry, including entries the profile above does not cover.
JOHN SWIRE & SONS LIMITED
United Kingdom
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Frequently Asked Questions
What is the Hong Kong Companies Registry registration number for Swire Properties Limited?
Swire Properties Limited is registered with the Hong Kong Companies Registry under registration number 03706118.
When was Swire Properties Limited incorporated?
Swire Properties Limited was incorporated in Hong Kong on 3 November 1972.
What is the current registry status of Swire Properties Limited?
The Hong Kong Companies Registry lists the status of Swire Properties Limited as active.
What does Swire Properties Limited do?
Swire Properties Limited is a developer, owner and operator of mixed-use, principally commercial property in Hong Kong and the Chinese Mainland, with additional activities in hotel investment and management and property trading.
Is Swire Properties Limited listed on a stock exchange?
Yes. Ordinary shares of Swire Properties Limited have traded on the Stock Exchange of Hong Kong since January 2012 under stock code 1972.
Who owns Swire Properties Limited?
Swire Pacific Limited holds 82.50% of the issued share capital of Swire Properties Limited directly, as at 31 December 2024, per Swire Pacific's Annual Report 2024.
Who is the ultimate parent company of Swire Properties Limited?
The ultimate identifiable parent is John Swire & Sons Limited, a UK-incorporated private company that held 60.31% of the equity and 68.13% of the voting rights of Swire Pacific Limited as at 31 December 2024.
What was the revenue of Swire Properties Limited in 2025?
Swire Properties Limited reported consolidated revenue of HK$16.04 billion for the financial year ended 31 December 2025, an increase of approximately 11% on 2024.
What was the underlying profit of Swire Properties Limited in 2025?
Underlying profit attributable to shareholders was HK$8.62 billion in 2025, up approximately 27% on 2024, driven mainly by non-recurring disposal gains.
What are the main properties operated by Swire Properties Limited?
Its Hong Kong portfolio is centred on Pacific Place and Taikoo Place, while its Chinese Mainland portfolio includes Taikoo Hui in Guangzhou, Taikoo Li Sanlitun and INDIGO in Beijing, Taikoo Li in Chengdu, HKRI Taikoo Hui in Shanghai and Taikoo Li in Xi'an.
Does Swire Properties Limited operate hotels?
Yes. Hotel investment and management is carried out under the Swire Hotels brand.
What recent asset disposals has Swire Properties Limited made?
During 2025, Swire Properties Limited disposed of its Brickell City Centre retail and office assets in Miami, Florida, and an industrial site in Tsing Yi, Hong Kong, generating combined gains of approximately HK$7.3 billion.
Who are the directors and officers of Swire Properties Limited?
The on-file dataset records 11 officers, of which 5 detailed records are available, including Finance Director and Executive Director Ngan Yee Lung and Chief Development Officer and Director Suk Ching Ma; appointment dates and nationality are not disclosed in this dataset.
What is the official website of Swire Properties Limited?
The official website of Swire Properties Limited is https://www.swireproperties.com/.
Is full shareholder information available for Swire Properties Limited?
No. Hong Kong discloses only substantial shareholder interests above the statutory notification threshold, so the complete register of members is not publicly available.