Property News · November 5, 2017

Swire Properties upbeat about consumer spending in China’s first-tier cities


Swire Properties, one of Hong Kong’s oldest and largest builders of luxury homes and grade A offices, said it would continue to focus on first-tier cities in mainland China as it moves closer to sealing a deal for a new commercial project in Shanghai.
Guy Bradley, chief executive of Swire Properties, said Chinese consumers’ rising demand in the last two years has generated a positive growth rate for the company’s existing projects and bolstered its confidence in expanding in…

Source : South China Morning Post
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