Swire Properties (01972.HK) reported a 94% occupancy rate for Taikoo Plaza in the first quarter with a 16% decrease in rent.

Wisdom Financial News APP, Swire Properties (01972.HK) released the operational data report for the first quarter of 2025. In terms of completed investment properties, the rental rate of Pacific Place is 94%, with a rent reduction of 16%; the overall rental rate of TaiKoo Hui is 91%, with a rent reduction of 14%; the rental rate of Island East Center and one building of TaiKoo Hui is 94%; the rental rate of other office buildings in TaiKoo Hui is 89%, with a rent reduction of 15%.