TacticScaleWhat Wharf Real Estate Investment Does & How It Makes Money (1997.HK)
Updated October 2026 · reflects Wharf Real Estate Investment's latest reported financials
Hong Kong landlord owning Harbour City, Times Square malls and offices. It earns most of its income from rent paid by retail and office tenants in its commercial properties, plus hotel and serviced-apartment revenue.
How Wharf Real Estate Investment makes money
It earns most of its income from rent paid by retail and office tenants in its commercial properties, plus hotel and serviced-apartment revenue. Smaller amounts come from property development sales, equity investments, ferry fares and management services.
What Wharf Real Estate Investment does
Wharf Real Estate Investment Company (Wharf REIC) is a Hong Kong commercial property owner, with roots going back to 1886 and its headquarters in Kowloon. Its portfolio centres on two flagship complexes: Harbour City, a large waterfront development with shops, offices, serviced apartments, hotels, clubs and car parks, and Times Square, a retail and office complex. Other holdings include Wheelock House and Crawford House, The Murray hotel, the Plaza Hollywood mall, and the Wheelock Place and Scotts Square malls in Singapore. The company reports through four segments: Investment Properties, Development Properties, Hotel, and Investment. Most of the business comes from leasing and managing retail, office and serviced-apartment space, with further income from hotels, property and equity investments, and the Star Ferry's two inner-harbour routes. Because so much of its income depends on Hong Kong's retail and office markets, local tourism and consumer spending have a large effect on results.
Products & services
- Harbour City
- Times Square
- The Murray hotel
- Plaza Hollywood
- The Star Ferry
- Wheelock Place & Scotts Square (Singapore)
What is Wharf Real Estate Investment worth?
A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.
We show a fair value only when the method is trustworthy. See Wharf Real Estate Investment on TacticScale →