Chinese Mainland Completed Office Portfolio GFA (sq. ft.) Occupancy Attributable (100% Basis) (at 30th June 2023) Interest Taikoo Hui, Guangzhou 1,693,125 90% 97% INDIGO, Beijing 589,071 92% 50% HKRI Taikoo Hui, Shanghai 1,900,838 98% 50% Total 4,183,034 The Group’s gross rental income from office properties in the Chinese Mainland decreased by 6% to HK$179 million in the first half of 2023. Disregarding changes in the value of the Renminbi, gross rental income increased by 1%. In the first half of 2023, office demand in Shanghai recovered and rent in core areas remained stable. In Beijing, demand for office space was weak and supply was limited in core areas. In Guangzhou, demand for office space was weak with new supply in decentralised areas exerting downward pressure on rents. The chart below shows the mix of the tenants of the office properties by the principal nature of their businesses (based on internal classifications) as a percentage of the office area at 30th June 2023. Office Area by Tenants’ Businesses (At 30th June 2023) Banking/Finance/ Professional services Real estate/Construction/ Securities/ Property development/ Investment Architecture Trading Pharmaceutical Others manufacturing Technology/Media/ Telecoms At 30th June 2023, the top ten office tenants (based on attributable gross rental income in the six months ended 30th June 2023) together occupied approximately 44% of the Group’s total attributable office area in the Chinese Mainland. The office towers of Taikoo Hui in Guangzhou, ONE INDIGO in Beijing and the office towers of HKRI Taikoo Hui in Shanghai were 90%, 92% and 98% let, respectively, at 30th June 2023. 33
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