No. 387 Tianhe Road, Guangzhou In August 2024, Taikoo Hui in Guangzhou successfully bid No. 387 Tianhe Road which is connected to its shopping mall via a public auction. With approximate GFA of 655,000 square feet, No. 387 Tianhe Road will be renovated as a luxury retail addition to Taikoo Hui. The refurbishment is expected to be completed in 2026. The Group has a 97% interest in this property. The chart below illustrates the expected attributable area of the completed property portfolio in the Chinese Mainland anticipated at 30th June 2024. Expected Attributable Area of GFA (000 sq. ft.) Completed Property Portfolio 20,000 in the Chinese Mainland anticipated at 30th June 2024 15,000 (2) Taikoo Li Sanlitun, Taikoo Li Xi’an Beijing (3) Taikoo Li Chengdu Taikoo Li Sanya Taikoo Hui, Guangzhou Shanghai New Bund 10,000 (4) Mixed-use Project INDIGO, Beijing Lujiazui Taikoo Yuan, (5) Shanghai HKRI Taikoo Hui, Julong Wan Project, 5,000 (6) Shanghai Guangzhou Taikoo Li Qiantan, Hui Fang, Guangzhou Shanghai INDIGO Phase Two, Others 0 (1) Beijing 2023 2024 2025 2026 2027 2028 and later (1) The development is expected to complete in phases in 2025 and 2026. (2) The development is expected to complete in phases from 2026. (3) The development is expected to complete in phases from late 2025. Project name has yet to be confirmed. (4) The development is expected to complete from 2025. (5) The development is expected to complete in phases from 2027. (6) The development is expected to complete in phases from the first half of 2027. GFA as shown above represented the sites acquired as of 30th June 2024. The GFA will increase to approximately 1,615,000 square feet, subject to further relevant transaction agreements. Others of 673,871 square feet above ground and 956,949 square ZHANGYUAN, Shanghai feet underground. There are over 40 shikumen blocks, with about 170 two or three-storey houses. There are In 2021, the Group formed a joint venture management connections to three metro lines and to HKRI Taikoo Hui. company with Shanghai Jing’an Real Estate (Group) Co., The first phase (the West zone) was completed and Ltd. This company, in which the Group has a 60% interest, opened in November 2022. Construction and renovation is engaged in the revitalisation and management of the works for the second phase (the East zone) are in ZHANGYUAN shikumen compound in the Jing’an district progress. The second phase is planned to be completed of Shanghai. When the revitalisation is completed, the and opened in late 2026. The Group does not have an compound will have a GFA (including car parking spaces) ownership interest in the compound. 37
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