Wharf Holdings: core portfolio provides growth impetus

The Grade A office market boom and a steady recovery of the retail sector means good news for Wharf Holdings.

StockHouse LogoAs one of the largest commercial landlords in the SAR, Wharf Holdings 4 is ready to reap the benefits of the current Grade A office market boom as well as from a steady recovery of the retail sector. Having an officeretail investment portfolio of over 11 million square feet sqft, which is currently 90% occupied, the company is poised to gain from positive rental reversions in both sectors this year and next.

Property agency Colliers Jardine believes interest rate cuts and the WTO factor will lead to greater investment and fuel further growth in the local economy. In view of this, Grade A office rents will continue to strengthen in 2001...

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