Wharf Real Estate Investment Company
| Company type | Public |
|---|---|
| Industry | Real estate investment |
| Founded | 2017 |
| Headquarters | Hong Kong , Hong Kong |
Area served | Hong Kong, Singapore |
| Parent | Wheelock & Co. |
Wharf Real Estate Investment Company Limited (commonly known as Wharf REIC) operates as a publicly traded real estate investment entity and functions as a subsidiary under the private organization Wheelock & Co.. It is also affiliated as a sibling corporation to the publicly listed The Wharf (Holdings).
Through its subsidiary Wharf Estates Limited and associated companies such as the listed Harbour Centre Development, Wharf REIC manages significant commercial real estate assets in Hong Kong. Additionally, it maintains a presence in Singapore through Wharf Estates Singapore. The company's extensive portfolio features prominent properties including the Harbour City complex, Times Square, Wheelock House, Crawford House, The Murray, Plaza Hollywood, along with Singaporean assets like Wheelock Place and Scotts Square.
History
Founded in 2017, Wharf Real Estate Investment Company Limited (Wharf REIC) emerged as a spin-off from The Wharf (Holdings). In the year prior, 2016, The Wharf acquired Wheelock House from its parent company, Wheelock & Co., and chairman Peter Woo; these properties were subsequently incorporated into Wharf REIC's holdings.
In February 2018, Wharf REIC took over the position of The Wharf (Holdings) within the prestigious blue-chip Hang Seng Index.
Further expanding its portfolio in December 2019, Wharf REIC purchased Wheelock Place, Scotts Square, and Wheelock Properties (Singapore) from Wheelock & Co., thereby enhancing its footprint in Singapore’s property market.