MANAGEMENT DISCUSSION & ANALYSIS | REVIEW OF OPERATIONS developments are expected to comprise approximately 14.1 million square feet of attributable GFA when they are all completed. Of this, 10.0 million square feet has already been completed. Outside Hong Kong and the Chinese Mainland, the investment property portfolio comprises the Brickell City Centre development in Miami, U.S.A. The tables below illustrate the GFA (or expected GFA) attributable to the Group of the investment property and hotel portfolio at 31st December 2022. Completed Investment Properties and Hotels (GFA attributable to the Group in million square feet) Residential/ Serviced Under Office Retail Hotels(1) Apartments Planning Total Hong Kong 9.5 2.6 0.8 0.6 – 13.5 Chinese Mainland 2.9 5.7 1.2 0.2 – 10.0 U.S.A. – 0.3 0.3 – – 0.6 Total 12.4 8.6 2.3 0.8 – 24.1 Investment Properties and Hotels Under Development or Held for Future Development (expected GFA attributable to the Group in million square feet) Residential/ Serviced Under Office Retail Hotels(1) Apartments Planning Total Hong Kong 0.2 – – – – 0.2 Chinese Mainland – 1.1 – – 3.0 4.1 U.S.A. – – – – 1.5(2) 1.5 Total 0.2 1.1 – – 4.5 5.8 Total Investment Properties and Hotels (GFA (or expected GFA) attributable to the Group in million square feet) Residential/ Serviced Under Office Retail Hotels(1) Apartments Planning Total Total 12.6 9.7 2.3 0.8 4.5 29.9 (1) Hotels are accounted for in the financial statements under property, plant and equipment and, where applicable, the leasehold land portion is accounted for under right-of-use assets. (2) This property is accounted for under properties held for development in the financial statements. The trading portfolio comprises completed units available for sale at EIGHT STAR STREET in Hong Kong and The River in Vietnam. There are six residential projects under planning or development, three in Hong Kong, one in Indonesia, one in Vietnam and one in Thailand. There are also land banks in Miami, U.S.A. The table below illustrates the GFA (or expected GFA) attributable to the Group of the trading property portfolio at 31st December 2022. Trading Properties (GFA (or expected GFA) attributable to the Group in million square feet) Under Development Completed or Held for Development(1) Development Total Hong Kong 0.0 0.8 0.8 U.S.A. and elsewhere 0.1 2.8 2.9 Total 0.1 3.6 3.7 (1) Completed development in Hong Kong comprises EIGHT STAR STREET. 38