Core Insights - The Taikoo Place Beijing project has reached a significant milestone with the structural completion of all eight buildings, marking a new development phase for this landmark riverside commercial complex [1][5] - The project aims to redefine commercial space and create a new paradigm for office and lifestyle integration, attracting major industry players and promoting industrial upgrades [1][5][17] Group 1: Project Overview - Taikoo Place Beijing is an expansion of the existing Pacific Place project, located along the scenic Ba River, and will be renamed upon completion [5] - The project encompasses over 860,000 square meters of total floor area, integrating business and diverse lifestyle functions [5][7] - It features seven new super-grade A office buildings, a high-quality shopping center, a new East Hotel, and extensive green spaces, addressing the coexistence of ecological value and commercial logic [5][9] Group 2: Community and Lifestyle Integration - The project includes seamless connections between office clusters, retail areas, hotels, and supporting facilities, enhancing accessibility to public transport [7][9] - The office cluster, covering over 330,000 square meters, emphasizes efficiency, flexibility, and employee well-being, aiming to attract leading enterprises from various sectors [7][9] - The retail section will introduce over 200 new brands, creating a multi-layered retail matrix that emphasizes experiential and cultural offerings [9][11] Group 3: Cultural and Economic Impact - The "Delphi" social core within the project serves as a community hub, featuring flexible workspaces and event facilities, enriching the urban cultural ecosystem [11][13] - The project aligns with Beijing's urban development strategy, contributing to the "Two Rivers and One Belt" ecological space framework and enhancing regional collaboration [15][17] - It is expected to attract innovative, international enterprises from technology, media, life sciences, and high-end manufacturing sectors, fostering sustainable development and economic prosperity [17]

Core Insights - Beijing will see the addition of a large-scale leisure and shopping space that integrates commercial, green, waterfront landscapes, and cultural experiences, with Swire Properties announcing the structural completion of all eight buildings in the Beijing Swire Bay project, marking a new development phase for this landmark commercial project [1][3] Group 1: Project Overview - The total floor area of Beijing Swire Bay exceeds 860,000 square meters, aiming to create a vibrant new generation of commercial complexes that combine business and diverse lifestyle functions [3] - The project includes eight premium Grade A office buildings, a high-quality shopping center, a new EAST hotel, extensive green spaces, and comprehensive supporting facilities, with landscaped squares and gardens providing multifunctional spaces for outdoor dining and social interactions [3] Group 2: Retail and Community Focus - Beijing Swire Bay will introduce the first "Swire Bay" branded retail mall in mainland China, with the new retail area merging with the existing Yintai Center to form a comprehensive leisure shopping destination of approximately 150,000 square meters [3] - The retail business director of Swire Properties emphasized the community-building concept rooted in art, culture, innovation, and meaningful human connections, aiming to create a high-quality urban experience that encourages interaction and engagement [3] Group 3: Social and Health Facilities - The social space, Delphi, spans 19,000 square meters and includes workspaces, multifunctional halls suitable for corporate events and leisure gatherings, as well as facilities for art exhibitions, performances, and community activities, complemented by a fully equipped gym and swimming pool [3][4] - The project will feature seamless indoor and outdoor pedestrian walkways and direct access to the subway network, enhancing connectivity for visitors [3]

Core Viewpoint - Chaoyang District is positioned as a major economic and consumption area in Beijing, aiming to enhance its role as an international consumption center through a three-year action plan from 2025 to 2027, focusing on consumption upgrades and global resource integration [2] Group 1: Night Economy Development - From 2023 to 2025, Chaoyang District will launch diverse light and shadow scenes and cultural tourism activities, enhancing night-time consumption and community satisfaction [3] - The 2025 Beijing Chaoyang International Light Consumption Season will feature 53 light scenes and connect major areas like Sanlitun and CBD, promoting a vibrant night tourism experience [3][4] Group 2: Cultural and Tourism Integration - The Liangma River Cultural Economic Belt will host unique performances and installations, such as the first water-based light floating stage and aerial light shows, enhancing the cultural tourism appeal [4] - Nearly 100 "light+" cultural tourism activities will be organized, integrating art, light, and commerce to create immersive experiences for visitors [4] Group 3: Commercial Infrastructure and Brand Development - Chaoyang District is developing a world-class consumption landmark with a strategic layout, including the construction of new commercial facilities and enhancing existing ones [5] - The district has introduced 31 new commercial projects, adding over 1.8 million square meters of commercial space, and aims to further enhance its commercial landscape [5] Group 4: Consumer Trends and Brand Strategy - Chaoyang District is focusing on trendy consumption, with significant shares of the city's high-end dining and beverage sectors, and has introduced around 1,900 first stores, leading the city in new brand introductions [6] - The district is also promoting local brands and cultural exports, aiming to create a vibrant international food scene [6] Group 5: Innovative Consumption Experience - The district is implementing policies to integrate cultural, tourism, and commercial activities, enhancing the overall consumer experience through various events and improved infrastructure [7][8] - Future plans include developing cross-border consumption scenarios and enhancing the international consumption environment, aiming to establish Chaoyang as a leading destination for inbound consumption [8]

Core Insights - The Beijing Taikoo Li project is set to undergo significant upgrades, with the current structure reaching its completion stage, aiming for a grand reopening by the end of 2026 [1][3] Group 1: Project Overview - The Beijing Taikoo Li project will feature a total construction area of 860,000 square meters, including eight premium Grade A office buildings, a high-quality shopping center, a new EAST hotel, and extensive green spaces [5] - The project will introduce the first Taikoo Li retail mall in mainland China, integrating with the existing Yintai Center to create a comprehensive retail destination of approximately 150,000 square meters [5] Group 2: Design and Facilities - A notable highlight of the project is the "Delphi" public space, covering 19,000 square meters, which will include flexible workspaces, a multifunctional hall, and one of the largest banquet halls in the city [7] - The design incorporates advanced green and sustainable features, ensuring seamless connectivity between office buildings, retail areas, hotels, and public transport [5][7] Group 3: Strategic Importance - The Beijing Taikoo Li is positioned as a key commercial landmark within the Chaoyang District's consumption landscape, contributing to the area's development as a world-class international consumption center [9] - The project is part of a broader initiative to enhance the Baha River waterfront area, which will include various infrastructure improvements and recreational facilities, further linking the commercial hubs of Beijing [10]

Group 1 - The core project "Taikoo Place Beijing" has completed the structural topping of all eight buildings, marking a new development phase for this landmark riverside commercial project [1] - The project is set to open in phases starting from the end of 2026 and aims to become a world-class commercial landmark in Beijing, reshaping the commercial landscape and enhancing economic vitality in the northeastern region [1] - The project aligns with Beijing's high-quality development goals and the construction of the "Two Rivers and One Belt" world-class waterfront economic zone in Chaoyang District [1][2] Group 2 - The "Taikoo Place Beijing" will feature the new East Hotel and serviced apartments, offering 318 stylish guest rooms and an executive lounge, catering to both business and leisure travelers [2] - The project will introduce the first "Taikoo Place" branded retail mall in mainland China, integrating outdoor retail with riverside leisure experiences, covering a total area of approximately 150,000 square meters [3] - The project includes a multifunctional space called "The Delphi," which spans 19,000 square meters and features flexible workspaces, a large banquet hall, and facilities for art exhibitions and community events [3] Group 3 - The entire project aims for seamless connectivity among its components through indoor and outdoor walkways, directly linking office buildings, retail areas, hotels, and supporting facilities to the subway network [4] - The operational goal of the project is to fully utilize green energy, having already obtained LEED and WELL platinum-level pre-certifications [4] - "Taikoo Place Beijing" is expected to set a new benchmark for urban sustainable development by integrating commercial, green spaces, waterfront landscapes, and cultural experiences [4]

Core Viewpoint - The expansion of Beijing Taikoo Li, part of the Yiti Port project, marks a significant investment by Swire Properties in mainland China, aiming to establish a new waterfront commercial landmark in Beijing [1] Summary by Sections Project Overview - The total area of Beijing Taikoo Li exceeds 860,000 square meters, featuring eight premium Grade A office buildings, a shopping center, a hotel, and green spaces [1] - The project components will be seamlessly connected through indoor and outdoor pedestrian walkways, linking the office buildings with retail areas, the hotel, and other facilities [1] Connectivity - The development will have direct access to the subway network, enhancing its connectivity and accessibility for visitors and tenants [1]

Core Insights - Beijing Taikoo Li has achieved structural completion and is set to open in phases by the end of 2026, marking it as Swire Properties' largest investment project in mainland China [2][3][4] - The project includes 8 Grade A office buildings and a high-quality shopping center, which is expected to boost the eastern economy of Beijing and upgrade the commercial real estate landscape [2][3] Project Overview - The total floor area of Beijing Taikoo Li exceeds 860,000 square meters, featuring 8 interconnected office buildings with a combined area of over 330,000 square meters [3] - The design of the office cluster emphasizes efficiency, flexibility, health, and innovation, incorporating wellness facilities to enhance employee well-being and productivity [3] Market Dynamics - Despite increased competition in the office market, Grade A office spaces remain the preferred choice for most tenants, with a net absorption of 87,000 square meters in Q3, leading to a decrease in overall vacancy rates to 19.7% [5] - Rental prices for office spaces have seen a decline, with a 2.9% drop in Q3, averaging 234.8 yuan per square meter per month [5] Retail Strategy - The retail component of Beijing Taikoo Li will introduce the first "Taikoo Li" brand shopping mall in mainland China, integrating with the existing Pacific Place shopping center to create a total retail area of approximately 150,000 square meters [7] - The retail space will focus on outdoor retail and waterfront leisure experiences, featuring multifunctional spaces for social interaction and community engagement [7][8] Future Outlook - The market remains optimistic, with a focus on cost-driven, quality-driven, and green-driven real estate strategies among businesses [6] - The upcoming retail properties in non-core business districts are expected to contribute to the market, with 394,000 square meters of new retail space anticipated to open in the next six months [8]

Core Insights - Swire Properties announced the structural completion of all eight buildings in the Beijing Swire Bay project, which is an expansion of the existing project, Yintai Center [1][3] - The project aims to create a vibrant new-generation commercial complex with a total floor area exceeding 860,000 square meters, integrating business and diverse lifestyle functions [3][5] Group 1 - The project includes eight premium Grade A office buildings, a high-quality shopping center, a hotel, green spaces, and comprehensive supporting facilities [3][5] - The components of the project will be seamlessly connected through indoor and outdoor walkways, linking office clusters with retail areas, hotels, and facilities, and providing direct access to the subway network [3][5] - The project is progressing as planned, with the facade of office buildings 1 to 4 already completed, and is set to open in phases starting at the end of 2026 [3] Group 2 - Beijing Swire Bay will introduce the first "Swire Bay" branded retail mall in mainland China, merging with the existing Yintai Center to create a comprehensive retail destination of approximately 150,000 square meters [5] - The new retail area will feature outdoor retail and waterfront leisure experiences, with landscaped squares and gardens providing multifunctional spaces for dining and social interactions, along with immersive cultural and artistic events [5] - The project is strategically located near ecological corridors and a planned sports park, with direct connections to a new boat dock, enhancing visitor experience and transportation convenience [5]

Core Points - Swire Properties announced the completion of structural topping out for all eight buildings in its comprehensive development project "Taikoo Place Beijing" located in Chaoyang District, Beijing [2] - The project will be an extension of the existing commercial project, Yintai Center, and will be renamed Taikoo Place Beijing [2] - The total floor area of the project exceeds 860,000 square meters, including eight Grade A office buildings, a high-quality shopping center, a new EAST hotel, and extensive green spaces [2] - The office building portion has a total floor area of over 330,000 square meters, with a space named "The Delphi" serving as a core for social and healthy living [2] - The project will feature seamless connectivity through indoor and outdoor walkways and direct access to the subway network [2] - Construction is progressing as planned, with the façade of office buildings 1 to 4 already completed, and the project is expected to open in phases starting from the end of 2026 [2] - Swire Properties' CEO Tim Blackburn stated that Taikoo Place Beijing will set a new benchmark for urban commercial and lifestyle hubs and provide a blueprint for future urban innovation [2] - The office business director, Don Taylor, expressed confidence that Taikoo Place Beijing will become one of the most forward-looking commercial centers in the city, attracting diverse tenants [2] - Upon completion, the new retail area will merge with the existing Yintai Center, creating a comprehensive retail destination with a total area of approximately 150,000 square meters [2] - The new EAST hotel will offer 318 guest rooms [2] Sustainability Focus - The project is centered around sustainable development, aiming to operate entirely on green energy and has received LEED and WELL Platinum pre-certification [3]

Core Insights - The Beijing Swire Town project has completed the structural topping of all eight buildings, marking a significant milestone for Swire Properties in the region [1] - The project is an expansion of the existing Yintai Center and will be renamed Beijing Swire Town upon completion [1] - The development aims to connect various components seamlessly, integrating office buildings with retail areas, hotels, and supporting facilities, while providing direct access to the subway network [1] Project Details - The project consists of eight interconnected office buildings with a total floor area exceeding 330,000 square meters [1] - The exterior curtain wall installation for office buildings 1 to 4 has been completed, indicating steady progress in construction [1] - The phased opening of the project is scheduled to begin at the end of 2026, contributing to Beijing's high-quality development goals and the construction of a world-class waterfront economic zone in the Chaoyang District [1] Business Strategy - The office space at Beijing Swire Town is designed to attract diverse tenants by integrating nature, art, and technology [1] - Swire Properties aims to enhance the overall appeal of the office cluster through innovative design and connectivity [1]