| For Immediate Release | 24 January 2013 |
(24 January 2013, Guangzhou) - Swire Properties welcomes Guangzhou's first Mandarin Oriental Hotel into TaiKoo Hui, its flagship property in Mainland China. The opening of the five-star luxury hotel reinforces TaiKoo Hui's position as a focal point for business, shopping and leisure.
"This is another red letter day for TaiKoo Hui as Mandarin Oriental Hotel Group brings a renowned reputation for operating some of the world's best hotels," said Guy Bradley, Swire Properties' Chief Executive Officer, Mainland China. "Mandarin Oriental, Guangzhou at TaiKoo Hui is bound to burnish that reputation, providing world class luxury accommodation. It's a perfect fit for our flagship Mainland development which in the two years since opening has become a landmark destination for modern luxury."
Mandarin Oriental Hotel Group's first hotel in a downtown location in Mainland China, the Mandarin Oriental, Guangzhou offers a total of 263 guest rooms and suites, along with 24 serviced apartments and is the only hotel in TaiKoo Hui. Combining its unique aesthetic modern design with the Mandarin Oriental's classic service, it offers some of the most spacious and luxurious rooms in the city.
Located in the heart of Tianhe's central business district and one of the city's main transportation hubs, TaiKoo Hui is Swire Properties' largest investment property in Mainland China, with a total gross floor area of approximately 358,000 sqm1. TaiKoo Hui consists of a premium world-class shopping mall, two Grade-A office towers, a cultural centre, and now, with the opening of Mandarin Oriental, Guangzhou, a five-star luxury hotel that further enhances the total experience of the development.
Since its inception in 2011, the 180 shops of TaiKoo Hui's shopping mall are fully leased to international brand names, sophisticated lifestyle boutiques and exquisite restaurants. A holistic shopping experience is enhanced with year-long in-mall activities from Christmas lighting decorations and festival redemption programmes, to live band performances and cultural events. The two Grade-A office towers are home to international companies and local corporations, including HSBC, the largest tenant occupying 29 floors, or approximately 47% of the gross floor area within the towers.
1 Total gross floor area does not include car park area and cultural centre.
About TaiKoo Hui
With its prime location in the Tianhe central business district of Guangzhou, TaiKoo Hui is an approximately 3.85 million sq ft (approximately 358,000 sqm)1 mixed-use development located at a transportation hub and with direct access to Guangzhou's metro system.
TaiKoo Hui comprises a premium shopping mall, two Grade-A office towers, a five-star Mandarin Oriental Hotel with serviced apartments and a cultural centre2. The TaiKoo Hui shopping mall and office towers opened in 2011, while Mandarin Oriental, Guangzhou opened in January 2013. We have a 97% stake of this project.
1 Total gross floor area does not include car park area and cultural centre.
2 Swire Properties does not own the culture centre.
About Swire Properties
Swire Properties develops and manages commercial, retail, hotel and residential properties, with a particular focus on mixed-use development in prime locations at major mass transportation intersections. Listed on the Main Board of the Stock Exchange of Hong Kong, the Company's investment portfolio in Hong Kong totals over 17 million sq ft (over 1.58 million sqm) 3 of gross floor area, with Island East and Pacific Place as its core holdings. In addition to Hong Kong, the Company has significant investments in Mainland China, the United States and the United Kingdom.
In Mainland China, Swire Properties has a portfolio amounting to over 13.5 million sq ft (approximately 1.26 million sqm) 3, including five mixed-use developments in Beijing, Guangzhou, Chengdu and Shanghai. Of these, Sanlitun Village and INDIGO in Beijing and TaiKoo Hui in Guangzhou have opened.
Since 1980, the Company has been developing investment and trading properties on the island of Brickell Key in downtown Miami, Florida where it has created an acclaimed residential and commercial portfolio, including the new large-scale mixed-use project, Brickell CityCentre.
Through Swire Hotels, the Company also creates and manages intriguing urban hotels in Hong Kong, Mainland China and the United Kingdom, aimed at providing an exceptional experience for travellers who seek individuality, style and personalised service.
Visit Swire Properties' website at www.swireproperties.com.
3Gross floor area in respect of 100% of the properties excluding car park areas and not on an attributable basis.
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(From left) Clemens Hoerth, General Manager, Mandarin Oriental, Guangzhou Andrew Hirst, Operations Director, Asia, Mandarin Oriental Hotel Group Guy Bradley, Swire Properties' Chief Executive Officer - Mainland China Alvin Kong, Swire Properties' General Manager - Portfolio Management (Mainland China) |
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