{"id":63224,"date":"2017-08-09T15:21:45","date_gmt":"2017-08-09T08:21:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-shares-jump-to-record-as-hong-kong-property-spin-off-plan-revealed\/"},"modified":"2017-08-09T15:29:29","modified_gmt":"2017-08-09T08:29:29","slug":"wharf-shares-jump-to-record-as-hong-kong-property-spin-off-plan-revealed","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-shares-jump-to-record-as-hong-kong-property-spin-off-plan-revealed\/","title":{"rendered":"Wharf shares jump to record as Hong Kong property spin-off plan revealed"},"content":{"rendered":"


\nWharf Holdings, one of Hong Kong\u2019s biggest landowners, saw its shares surge 15 per cent today after it unveiled plans to spin off its core commercial assets in the city into a separate listing.
\nWharf said it is carving out six investment properties in Hong Kong with a market value of over HK$230 billion into a new entity named Wharf Real Estate Investment Company. They are Harbour City and Times Square \u2013 Hong Kong\u2019s two biggest malls in shopping districts \u2013 and Plaza…
\n
\nSource : South China Morning Post
\nRead more…Wharf shares jump to record as Hong Kong property spin-off plan revealed<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wharf Holdings, one of Hong Kong\u2019s biggest landowners, saw its shares surge 15 per cent...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-63224","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-grK","jetpack-related-posts":[{"id":95719,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-landowner-wharf-sees-core-profit-plunge-by-two-thirds-amid-falling-home-sales-in-mainland-china\/","url_meta":{"origin":63224,"position":0},"title":"Hong Kong landowner Wharf sees core profit plunge by two thirds amid falling home sales in mainland China","date":"August 9, 2018","format":false,"excerpt":"\r Wharf Holdings, one of Hong Kong\u2019s biggest landowners, reported a 66 per cent drop in core profit because of weak property sales in mainland China. The conglomerate\u2019s core profit came in at HK$2.53 billion (US$322.31 million) for the six months ended June 30, according to a filing to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71947,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharfs-commercial-property-spin-off-to-go-public-on-november-23\/","url_meta":{"origin":63224,"position":1},"title":"Wharf\u2019s commercial property spin-off to go public on November 23","date":"November 16, 2017","format":false,"excerpt":"\r Wharf Holdings\u2019 new commercial properties spin-off, Wharf Real Estate Investment Company (REIC), is scheduled to list on the main board of the Hong Kong stock exchange, on November 23. One of Hong Kong\u2019s biggest landowners, Wharf Holdings said on Wednesday the spin-off and listing of Wharf REIC provides a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72631,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-new-wharf-commercial-property-unit-make-spectacular-debut-in-hong-kong\/","url_meta":{"origin":63224,"position":2},"title":"Shares in new Wharf commercial property unit make spectacular debut in Hong Kong","date":"November 23, 2017","format":false,"excerpt":"\r Shares in Wharf Real Estate Investment (REIC), which was spun off from The Wharf (Holdings), opened at HK$50.4 a share on their debut on Thursday. Wharf REIC\u2019s key assets include investment properties such as Harbour City and Times Square. \u201cWe believe its fair value is HK$48 per share, based\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7346,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-wharf-reports-5pc-jump-in-core-profit\/","url_meta":{"origin":63224,"position":3},"title":"Hong Kong\u2019s Wharf reports 5pc jump in core profit","date":"March 9, 2016","format":false,"excerpt":"\r Hong Kong Conglomerate Wharf on Wednesday reported its core profit rose 5 per cent to HK$10.96 billion last year, mainly due to increases in rental income and property sales.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s Wharf reports 5pc jump in core profit","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109696,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mall-landlord-wharf-says-perfect-storm-of-trade-war-anti-extradition-bill-protests-has-hurt-retail\/","url_meta":{"origin":63224,"position":4},"title":"Hong Kong mall landlord Wharf says \u2018perfect storm\u2019 of trade war, anti-extradition bill protests has hurt retail","date":"August 7, 2019","format":false,"excerpt":"\r A \u201cperfect storm\u201d created by the coming together of the US-China trade war and Hong Kong\u2019s anti-extradition bill protests has adversely affected retail sales at Times Square and Harbour City, two shopping centres owned by Wharf Real Estate Investment Company, it said on Tuesday.\u201cThis time, it is like a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-wharf-ck-asset-gear-up-to-launch-luxury-projects-as-surging-stock-market-creates-vast-new-wealth\/","url_meta":{"origin":63224,"position":5},"title":"Hong Kong developers Wharf, CK Asset gear up to launch luxury projects as surging stock market creates vast new wealth","date":"January 20, 2021","format":false,"excerpt":"\r Some of Hong Kong\u2019s biggest developers are seizing the moment to launch their super deluxe projects to capitalise on a surging stock market and the prospect of a market recovery in the second half of the year.Wharf (Holdings) and CK Asset Holdings are lining up to release their new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/63224"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=63224"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/63224\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=63224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=63224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=63224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}