In South East Asia, sales at The River and Empire City in introducing more initiatives, including the new Ho Chi Minh City have performed well, while in Jakarta, “GPP Academy” in collaboration with the Business Savyavasa has been launched for sale. We are also Environment Council, to help tenants meet and exceed excited to have announced our first project in Bangkok, their ESG commitments. which will help us to establish a meaningful presence in South East Asia. We are piloting a Photovoltaics, Energy Storage, Direct Current and Flexible (“PEDF”) solution in two buildings in Our hotel business has been making a significant Taikoo Li Sanlitun in Beijing, to explore more efficient recovery, with all our properties enjoying a strong ways to utilise renewable energy on-site. The installation rebound after the reopening of the international borders. was completed earlier this year, and we expect the project will significantly lower energy consumption and The team is making good progress with our plans to have a positive impact on our portfolio. expand The House Collective and EAST brands under a new, third-party management agreement model. Our employees are integral to realising our SD 2030 In addition to The House Collective properties under Strategy. We are seeking to prioritise wellness through construction in Shenzhen and Tokyo, we currently have a various programmes and related policies, as well as number of new hotels in the pipeline to expand both The fostering an inclusive workplace where they can thrive. House Collective and EAST brands. This is an ongoing journey, however we were pleased to be included in the 2023 Bloomberg Gender-Equality Index, which recognised our commitment to achieving Building Sustainable Partnerships gender equality in our workplace. Guy has written about some of the pioneering initiatives we have been involved in within the sustainability sector. Giving Back to Our Community As the threat of climate change increases, we need to embrace innovation and seek new solutions to increase The launch of Quarryside in June was an important our climate resilience, proactively manage risks, and milestone for our placemaking efforts in Quarry Bay. support the transition to a net zero economy. It also highlights the benefits of public and private partnerships between the government and the private Our Sustainable Development 2030 Strategy continues to sector. Along with the Swire Group Charitable Trust, lead us forward, while our focus on strengthening tenant we were very pleased to support St. James’ Settlement partnerships has underpinned our approach to advancing in developing this harbourfront site into a vibrant beyond our sustainability goals. Our proprietary Green community space, leveraging our placemaking Performance Pledge has been well-received since its experience and expertise. The site is now open to host launch in 2022, with over 70 tenants from our office various events for the enjoyment of the public. portfolio in Hong Kong now signed up. Building on this successful landlord-tenant collaboration, we will be 15