Property Development, Rental and Management

Based on the successful "rail plus property" development model in Hong Kong, the Corporation has expanded into the Mainland China with property businesses in Beijing and Shenzhen.

The Corporation undertook its first rail-led transit-oriented development project in the Mainland China after acquiring by tender a development site at the Shenzhen Metro Line 4 Depot in 2011, through its 100% owned subsidiaries MTR Corporation (Shenzhen) Limited and MTR Property (Shenzhen) Company Limited. The transit-oriented development (TOD) project, with Tiara as its promotion name, has been completed in 2017. It comprises 1,698 residential units and a shopping mall of about 10,000 square metres.

The Corporation has also established property investment and management businesses in the Mainland China. These include the Ginza Mall in Beijing in addition to the property management and commercial management projects in Beijing and Shenzhen.