Skip to Content

Wharf Real Estate Investment Co Ltd Ordinary Shares

Rating as of

Company Profile

Business Description

Wharf spun off Wharf Real Estate Investment Co in November 2017. WREIC is now a leading property investor in Hong Kong, with a focus on prime retail assets. Rental income, mostly from two flagship malls, accounts for 95% of the company’s operating profit, while the hotel operation contributes the remaining 5%. The company holds a few projects in China that it expects to wind down or dispose of over the next few years.Wharf was originally a shipping company, but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city-center or waterfront locations. Wheelock previously held a 55% stake in Wharf; following the spin-off, Wheelock now holds a 66% stake in WREIC after recent rounds of share acquisition.

Canton Road, 16th Floor, Ocean Centre
Hong Kong, Cayman Islands
T +852 21183118
Sector Real Estate
Industry Real Estate Services
Most Recent Earnings
Fiscal Year End Dec 31, 2020
Stock Type
Employees 2,800