Swire: Nothing To Add To CEO Comments On Miami Condo Sales

Swire Properties is not elaborating on comments made by their CEO earlier this month.

On August 17, CEO Guy Bradley told analysts in Hong Kong that “We’re probably the only guys selling any [condo] stock” in Miami, after the company sold 19 Brickell City Centre units from February to August 2017.

Other local developers, including those behind Brickell Flatiron and Paramount, take issue with Bradley’s statement.

Brickell Flatiron sold at least 48 units in 2017, the developer recently told TNM.

Paramount Miami Worldcenter has been selling 8-10 units per month this year, brokers said this week.

When reached for comment, Swire declined to explain. In a statement released to The Next Miami, the company said that “at this time we have nothing further to add to Mr. Bradley’s comments.”