CapitaLand Media/Analysts Trip:
CapitaMalls Asia Limited Singapore • China • Malaysia • Japan • India
Mr Jason Leow, CEO of CapitaMalls Asia 10 November 2014 CapitaMalls Asia Presentation – 10 November 2014 Contents . CapitaMalls Asia Overview . Our Business Model . China Presence & Business Strategy . Malls Opening This Year . Key Malls Opening in Next Few Years . CMA Malls as Lifestyle Destinations . Appendix: West China Region . Chengdu . Raffles City Chengdu . CapitaMall Tianfu . CapitaMall Jinniu East China Region . Shanghai . Raffles City Changning . Luwan integrated development . Hongkou Plaza
1 CapitaMalls Asia Presentation – 10 November 2014 CapitaMalls Asia Overview
Westgate, Singapore CapitaMalls Asia Presentation – 10 November 2014 Overview of CapitaMalls Asia Limited
Asia’s leading mall developer, owner and manager
• CapitaMalls Asia (“CMA”) is one of the largest shopping mall developers, owners and managers in Asia by total property value of assets and by geographic reach • 104 shopping malls with a total property value2 of approximately S$35.8 billion1,3 ION Orchard Singapore
Hongkou Plaza Gurney Plaza Olinas Mall The Celebration Mall Shanghai, China Penang, Malaysia Tokyo, Japan Udaipur, India Notes 1. As at 30 Sept 2014 2. Aggregate property value of the properties in CMA’s portfolio (where the property value of each of the properties is taken in its entirety regardless of the extent of CMA’s interest) 3. Excludes CMA’s interest in Horizon Realty Fund, which CMA does not manage
3 CapitaMalls Asia Presentation – 10 November 2014 Our Business Model
Bedok Mall, Singapore CapitaMalls Asia Presentation – 10 November 2014 The Scale to Entrench Our Presence
ONE unique integrated shopping mall business
Harbin Hokkaido Huhhot 104 malls Beijing Tianjin Anyang Zibo Dalian Japan China Xinxiang Weifang cities Qingdao 53 Zhengzhou Tokyo Xi’an Rizhao Kobe Mianyang Yangzhou Osaka Deyang Suzhou Wuhan Wuhu Kunshan 5 countries Chengdu Hangzhou Shanghai Ningbo Chongqing Yiyang Nanchang Yibin Changsha Quanzhou Jalandhar Guangzhou Zhangzhou 97.4 million Zhaoqing Dongguan India Foshan sq ft Total GFA Maoming Udaipur Zhanjiang Nagpur Hyderabad Bangalore billion Mangalore Malaysia S$35.8 Mysore Total property Cochin Penang value Kuantan Kuala Lumpur Selangor Singapore >4,000 staff
5 CapitaMalls Asia Presentation – 10 November 2014 Industry-Leading Network of >15,000 Leases
Strong relationship with wide profile of retailers including home-grown chains and international brands
6 CapitaMalls Asia Presentation – 10 November 2014 Partnering Our Retailers to Grow
Tenant engagement programme to add value to retailers’ business Seminars and workshops conducted by industry experts
7 CapitaMalls Asia Presentation – 10 November 2014 CMA Retail Real Estate Value Chain
Integrated retail business with end-to-end capabilities
Sourcing Development Mall Management Capital Ability to source Comprehensive Proven track record in “KnowManagement-how” in land bank and development extracting value through deploying capital to
investment capabilities asset enhancement enhance productivity
opportunities initiatives Experience in Experience in creating developing Ability to fill up malls On the ground and managing varieties of malls rapidly through lease professionals private funds and catering to network and bring in focused in both diverse tenant shoppers to shop through listed REITs land and project and customer branding and marketing acquisition base activities
Proven Deep Proven Ability to sourcing development operational deploy capital capabilities capabilities expertise efficiently
Revaluation Fund Development 3 Buckets 1 2 Net Property 3 Management Profits of Income Fees Property Revenue Management Fees Recurring Income 8 CapitaMalls Asia Presentation – 10 November 2014 China Presence & Business Strategy
Hongkou Plaza, Shanghai, China CapitaMalls Asia Presentation – 10 November 2014 CapitaLand’s 20 Years of Presence in China
Landmark developments include Hongkou Plaza and Raffles City Shanghai in Shanghai, CapitaMall Taiyanggong in Beijing and CapitaMall Wusheng in Wuhan
CapitaMall Taiyanggong, Beijing
Raffles City Shanghai Strong understanding of the China retail real
Hongkou Plaza, Shanghai CapitaMall Wusheng, Wuhan estate market
10 CapitaMalls Asia Presentation – 10 November 2014 Malls Strategically Located in Large Population Catchment Areas
. One-stop shopping, dining and entertainment destinations within sizeable population catchment areas
. Well-positioned and accessible via major transportation routes Minhang Plaza, Shanghai
CapitaMall Aidemengdun, CapitaMall Jinniu, Chendu Raffles City Beijing, Beijing Harbin
CapitaMall Dongguan, CapitaMall Yuhuating, Changsha CapitaMall Saihan, Huhhot Dongguan
11 CapitaMalls Asia Presentation – 10 November 2014 Geographically Diversified in Multi-tiered Cities Operations are organised into 6 regions
o North 62 malls o North-east (51 operational) o East Heilongjiang Harbin o Central Jilin o West 37 cities Inner Mongolia o South Liaoning Gansu Huhhot Xinjiang Beijing Dalian Tianjin 69.1 million sq ft Shanxi Hebei Zibo Weifang Ningxia Qinghai Shandong Qingdao Anyang Rizhao Total GFA Zhengzhou Xinxiang Shaanxi Jiangsu Henan Yangzhou Xizang Xi’an (Tibet) Suzhou, Kunshan Anhui Mianyang Shanghai Sichuan Deyang Hubei Wuhu Hangzhou Chengdu Chongqing Wuhan Zhejiang Ningbo S$17.3 billion Yibin Chongqing Yiyang Nanchang Jiangxi Guizhou Changsha Fujian Total property value Hunan Quanzhou
Guangxi Guangdong Zhangzhou Yunnan Guangzhou Zhaoqing Dongguan Early mover advantage Foshan Zhanjiang Maoming
Hainan
12 CapitaMalls Asia Presentation – 10 November 2014 Build Scale in Key Cities for Growth
1. Aligned with CapitaLand’s city clusters of Beijing/Tianjin, Shanghai/Hangzhou/Suzhou/Ningbo, Guangzhou/Shenzhen, Chengdu/Chongqing and Wuhan 2. Explore with CapitaLand China for integrated development opportunities
13 CapitaMalls Asia Presentation – 10 November 2014 Building Relevant Scale in Key Regions
Beijing
10 malls in Beijing 1 3 2 Airport Core Express Area 4 10 1 56 3 2 10 7 4 9 6 5 7 9
8
1. CapitaMall Wangjing 6. CapitaMall Cuiwei 2. CapitaMall Taiyanggong 7. CapitaMall Shuangjing 3. CapitaMall Anzhen 8. CapitaMall Tiangongyuan 8 4. CapitaMall Xizhimen 9. CapitaMall Grand Canyon 5. CapitaMall Crystal 10. Raffles City Beijing 14 CapitaMalls Asia Presentation – 10 November 2014 Building Relevant Scale in Key Regions
Shanghai
6 malls in 1 Shanghai Core Area 4 2 5 3
3 1
2 6
4 3 S20 OuterS20 Expy
5
6 1. Hongkou Plaza 4. Raffles City Changning 2. Raffles City Shanghai 5. CapitaMall Qibao 3. Luwan integrated 6. Minhang Plaza development 15 CapitaMalls Asia Presentation – 10 November 2014 Building Relevant Scale in Key Regions
Chengdu
Subway Line 5 1 Shengxian Lake 2
malls in Chadianzi Bus Station North Railway Station Yangxi Overflys Chengdu Yishitianxia Food Street Renming North Road Shuhan Road East Core Area Baiguolin Wenshu Monastery
Hospital of University of Tonghui Men Luoma Market traditional Chinese Chunxi Road Tianfu Square Dongmen Bridge Renming Park Jingjiang Hotel Niuwang Temple Niushikou Huaxi Ba 3 Dongdalu 1 State Stadium Tazishan Park 5 Chengdu East Interchange 2 Nijia Qiao Chengyu Flyovers 4 Tongzi Lin Huiwang Tomb Chengdu South Railway Station Honghe Chengdu Gaoxing Administration School
Finance District Subway Line 3 5 Innovation Park
Century City 4 1. CapitaMall Jinniu(Phase I 4. CapitaMall Tianfu & II) 5. CapitaMall 2. CapitaMall Shawan Meilicheng 3. Raffles City Chengdu 16 CapitaMalls Asia Presentation – 10 November 2014 Building Relevant Scale in Key Regions
Chongqing
Dazhulin
Photoelectric Park North Railway Shuangbei 3 Station
Zhengjiayuanzi Shiziba malls in Ranjiaba Tangjiayuanzi Core Area Jiazhoulu Chongqing Dalongshan Hongqihegou Wulidian Ciqikou Flower Park Huangnibang Hongtudi
Guanyinqiao Grave of Martyrs Zengjiayan Niujia Daxigou Huanghuayuan 3 Yanggong Bridge Huaxinjie otuo Linjiangmen 1 Xiaoshizi 1 Shapingba Liziba Niujiaotuo Foquanguan Qixinggang Xiaolong Yin Jiaochangkou Eling Daping Lianglukou Daping Jiaochangkou Majiayan Shiyoulu Gaomiao Village
Xietaizi Shiqiaopu Gnagyuanju
Nongjiagang Chongqing Industry & 3 Trade School 1 Nanping Xiejiawan Sigongli Yangjiaping 2 Wugongli Mawangchang Liugongli Dayan Zoo Village Pingan Ertang Dadukou 2 Bagongli Xinshan Village
1. CapitaMall Shapingba 2. CapitaMall Jiulongpo 3. Raffles City Chongqing 17 CapitaMalls Asia Presentation – 10 November 2014 Building Relevant Scale in Key Regions
Wuhan
4 malls in Wuhan
Core Area 4 3
2 1 4 3 2 1 3
1. CapitaMall Wusheng 3. CapitaMall 1818 2. CapitaMall 4. Mall in Gutian Minzhongleyuan
18 CapitaMalls Asia Presentation – 10 November 2014 Building Relevant Scale in Key Regions
Guangzhou
4 malls
around Guangzhou Guangzhou Core Area 1 4 2 3 Zhaoqing Foshan Dongguan
1 4 2 3
1. CapitaMall SKY+, 3. CapitaMall Dongguan Guangzhou 4. CapitaMall Zhaoqing 2. CapitaMall Nanhai, Foshan
19 CapitaMalls Asia Presentation – 10 November 2014 Malls Opening This Year
CapitaMalls Asia Presentation – 10 November 2014 CapitaMall Tianfu, Chengdu, China Upcoming Mall Opening
CapitaMall Fucheng (Phase 2), GFA excl. 45,500 sq m Mianyang, China car park (approx) Opening Dec 2014
Artist’s Impression (subject to change)
21 CapitaMalls Asia Presentation – 10 November 2014 Upcoming Mall Opening CapitaMall Tianfu, Chengdu, China GFA excl. 139,000 sq m car park* (approx) Opening Dec 2014
* Retail Artist’s Impression (subject to change)
22 CapitaMalls Asia Presentation – 10 November 2014 Key Malls Opening in Next Few Years
CapitaMalls Asia Presentation – 10 November 2014 CapitaMall SKY+, Guangzhou, China Key Malls Opening in Next Few Years
Mall at Gutian, Wuhan
CapitaMall 1818, Luwan integrated Integrated Project Jewel, Wuhan development, Shanghai development, Suzhou Singapore
2015 2016 2017 2018 CapitaMall Xinduxin, CapitaMall SKY+, Melawati Mall, Qingdao Guangzhou Kuala Lumpur
CapitaMall Tiangongyuan, Beijing
CapitaMalls Asia Presentation – 10 November 2014 CMA Malls as Lifestyle Destinations
Westgate, Singapore CapitaMalls Asia Presentation – 10 November 2014 Shift Towards More Experiential and Aspirational Trade Categories
Shift in CMA China Portfolio Trade Mix by NLA
26 CapitaMalls Asia Presentation – 10 November 2014 Continually Reinvent Mall as Lifestyle Destination
. Create destinations that people want to come to for multiple reasons: shopping, dining, entertainment, socialising, enjoyment of the space etc.
. More than just a place to buy – experience and a place to gather
. Space/retail mix, mall architecture/design, common spaces to evolve
27 CapitaMalls Asia Presentation – 10 November 2014 Thank You
Thank You
CapitaMalls Asia Presentation – 10 November 2014 CapitaMall Jinniu, Chengdu, China CapitaMalls Asia Presentation – 10 November 2014 Geographic Distribution of Malls in West China
Map of China No. of Shopping Malls1 (include 4 under development) 12
No. of Cities/Population 6/66.7 million Xian (Population: 8.6 mil) Mianyang (Population: 4.7mil) Total GFA (sqm) (100% basis)
Deyang (Population: 3.9 mil) Chengdu 2.01 million (Population: 14.3 mil) Chongqing (Population: 29.7 mil) Total Property Value2 (100% basis) Yibin (Population: 5.5 mil) RMB14.1 billion
Sources: Sichuan Bureau of Statistics Notes: (1) As at 30 Sept 2014. (2) Total Property Value includes RCCD & RCCQ, excludes Zhengshang International Square. 30 CapitaMalls Asia Presentation – 10 November 2014 Chengdu
CapitaMalls Asia Presentation – 10 November 2014 CapitaMall Tianfu, Chengdu, China Chengdu
The core economic growth engine in West China
Chengdu, the capital of Sichuan Province and an important city in central and western China, is also called “ the City of Brocade” or “the City of Brocade Officials”, as well as “the Land of Abundance” since ancient times. Boasting a history of 2,300 years, Chengdu is one of the first historical and cultural cities of China, as well as the permanent host place for the International Festival of Intangible Cultural Heritage in China. As at December 2013, there were 252 Fortune 500 companies in Chengdu. The amount of investment and number of industries among Fortune 500 companies in Chengdu ranks the city No. 1 among central and western cities in China. 2013 key economic statistics: • Total population: 11.88 mil • GDP per capita: RMB 63,977 • Disposable income per capita: RMB 29,968 • Total retail sales: RMB 375 bil
Sources: Chengdu Bureau of Statistics. 32 CapitaMalls Asia Presentation – 10 November 2014 Chengdu’s Rising Income and Consumption
Strong disposable income per capita & retail sales growth
Disposable Income per capita Retail sales
RMB RMB bil
5 24 86 104
4,000
Source: Chengdu Bureau of Statistics
33 CapitaMalls Asia Presentation – 10 November 2014 Chengdu’s Retail Property Market
Vacancy decreased with more tenant-mix adjustment
To increase market share during the year-end peak season for shopping, several shopping malls in core areas expedited tenant-mix adjustments to better differentiate themselves. Fast fashion brands took a pause after aggressive expansion in the last few quarters. Overall vacancy rate dropped 0.6 percentage points to 6.4% for the overall market.
Sqm 平方米
5 24 86
New Supply 新增供应 Net Absorption 净吸纳量 Vacancy Rate 空置率
Source: JLL , CBRE
34 CapitaMalls Asia Presentation – 10 November 2014 Raffles City Chengdu
No.3 Section 4 South Renmin Location Road, Wuhou District
• 5 levels above ground and 4 levels of basement (including 2 levels of carpark) Description • Embraces the most comprehensive and overall business types to accomplish the integration.
Opening date Sep 2012
Retail GFA 84,237 sqm
Retail NLA 42,714
No. of car park 877 Lots
No. of leases 200
Occupancy 96.9%
Lumiere Pavillions , Treat, GAP, Key tenants H&M, Sport 100, Food Republic
Land use tenure Expiring in Dec 2046
(1) As at 30 Sept 2014
35 CapitaMalls Asia Presentation – 10 November 2014 Well Located With Strong Catchment • Located in Wuhou District, adjacent to Jinjiang District and Qingyang District where expatriates, business personnel and executives congregate. • Raffles City Chengdu is surrounded by Grade A office buildings, high end residential districts, dining and recreational zones. The congregated talents and the hottest business address makes it a new landmark of the city. • Basement 2 of Raffles City Chengdu enjoys direct access to interchange station for Chengdu Metro Line 1 and 3.
Tianfu Square
3 km
Raffles City Chengdu
36 CapitaMalls Asia Presentation – 10 November 2014 Comprehensive Retail Offerings
Full occupancy with strong and differentiated brands
Fashion Food & Beverage
5 24 104 Beauty & Health Others
37 CapitaMalls Asia Presentation – 10 November 2014 Exciting Promotional Events
Soda Green fan meet Deng Chao flash mob
5 86
Concert Staircase art showcase
38 CapitaMalls Asia Presentation – 10 November 2014 CapitaMall Tianfu
Location No.388 Tianren Road, Gaoxin District
One-stop landmark shopping mall in South Chengdu, providing Description shopping, leisure, F&B, entertainment and lifestyle service
Target Opening Dec 2014 date Retail GFA 141,507 sqm
Retail NLA 76,076 sqm No. of car park 1,560 spaces No. of leases 182 Bravo YH, Broadway Cinema, Key tenants MIRACLE FITNESS, Century Star Ice rink Commercial – Expiring in Feb 2048 Land use tenure Residential – Expiring in Feb 2078
39 CapitaMalls Asia Presentation – 10 November 2014 Well Located With Strong Catchment • Located in Chengdu’s Gaoxin District, at the core of the city’s upcoming South Business District (SBD), north of the South Third Ring Road. • Subway Line 1 and Line 7 grant direct doorstep access inside the building. • South Railway Station Bus Interchange , with up to 20 routes traversing the entire city. • The Chengdu-Deyang-Mianyang Express from South Railway Station covers destinations throughout Sichuan.
Tianfu Square
Raffles City Chengdu
6.2 km
CapitaMall Tianfu
40 CapitaMalls Asia Presentation – 10 November 2014 Comprehensive Retail Offerings
Full occupancy with strong and differentiated brands
Fashion Food & Beverage
5 24 104 Beauty & Health Others
41 CapitaMalls Asia Presentation – 10 November 2014 CapitaMall Jinniu
Largest one-stop shopping mall in Jinniu District
Phase II Phase I
42 CapitaMalls Asia Presentation – 10 November 2014 CapitaMall Jinniu Phase 1
No.183 Jiaoda Road , Jinniu Location District
• 4 levels above ground and 1 levels of basement(including Description 1 levels of carpark) • Integrated shopping mall in Jinniu district
Opening date Sep 2006
GFA 57,884 sqm (excluding car park) NLA 48,287 sqm
No. of car park Lots 390
No. of leases 193
Occupancy 100% Walmart , KFC, Pizza Hut, Key tenants MIRACLE FITNESS, DQ , Mind Bridge Land use tenure Expiring in Oct 2044
43 CapitaMalls Asia Presentation – 10 November 2014 CapitaMall Jinniu Phase 2
No.183 Jiaoda Road , Jinniu Location District • 5 levels above ground and 2 levels of basement(including 2 Description levels of carpark) • Landmark mall that provides a one-stop retail experience
Opening date Sep 2013
GFA 136,949 sqm (excluding car park) NLA 56,234 sqm
No. of car park Lots 819
No. of leases 239
Occupancy 98.7%
CGV Cinema, Food Public, Key tenants H&M, CHOW TAI FOOK, Miss Sixty, Toy‘s R Us, GD kid station
Land use tenure Expiring in Oct 2044
44 CapitaMalls Asia Presentation – 10 November 2014 Well Located With Strong Catchment • Strategically located close to the thoroughfares, and situated on the axis of the district’s major transportation network. It is also a mere 40-minute drive from the Shuangliu International Airport (24 km away) • Doorstep access via Subway Line 6. • With four bus interchanges and one major bus terminal within reach, 12 direct bus routes covering most districts throughout the city are within 100 metres of the mall.
CapitaMall Jinniu
6 km
Tianfu Square
45 CapitaMalls Asia Presentation – 10 November 2014 Comprehensive Retail Offerings
98.7% occupancy with strong and differientiated brands
Fashion Food & Beverage
5 24 86 104 Beauty & Health Others
4,000
46 CapitaMalls Asia Presentation – 10 November 2014 Exciting Promotional Events
Phase 2 opening
5 24 104
4,000
The Jungle Book show
47 CapitaMalls Asia Presentation – 10 November 2014 Appendix: East China Region
CapitaMalls Asia Presentation – 10 November 2014 Hongkou Plaza, Shanghai, China Geographic Distribution of Malls in East China
Map of China No. of Shopping Malls1 (includes 4 under development) 12
No. of Cities 7 Yangzhou
Kunshan Total GFA2 (sq m) (100% basis) Suzhou Shanghai Wuhu (Population: 24.2 mil) 1.84 million Hangzhou Ningbo Total Property Value3 (100% basis) RMB35.2 billion Notes: (1) As at 30 Sept 2014. (2) Excludes car park GFA (3) Includes latest valuation figures at 30 Jun 2014 (where applicable)
49 CapitaMalls Asia Presentation – 10 November 2014 Shanghai
CapitaMalls Asia Presentation – 10 November 2014 Minhang Plaza, Shanghai, China Shanghai
One of the biggest cities in China
● One of China’s and the world’s largest cities by population ● Highly educated workforce with high disposable incomes ● One of the four province-level municipalities of China ● 2013 key economic statistics: ― Total population: 24.2 million ― GDP per capita: RMB 90,100 ― Disposable income per capita: RMB 43,851 ― Total retail sales: RMB 802 billion
Source: Shanghai Bureau of Statistics
51 CapitaMalls Asia Presentation – 10 November 2014 Shanghai Macro Economy
Double-digit growth in purchasing power and retail sales
Large population base… …with high disposable income per capita
RMB mil 24.2 23.8 23.5 43,851 23.0 40,188 36,230
31,838 19.2 18.9 28,838 26,675
2008 2009 2010 2011 2012 2013 2008 2009 2010 2011 2012 2013
…and strong retail sales growth …and extensive transportation network
RMB bil 801.9 739.0 678.0 604.0 517.0 454.0
2008 2009 2010 2011 2012 2013 Source: Shanghai Bureau of Statistics Source: IMF, 2013; World Bank Data, 2013 52 CapitaMalls Asia Presentation – 10 November 2014 Demand, Supply and Occupancy
Occupancy has remained stable
• Expansion demand from affordable luxury and F&B tenants remains strong • Rents continued to grow in the prime market, but stayed flat in the decentralised market in Q3 2014
Source: Jones Lang Lasalle, 53 CapitaMalls Asia Presentation – 10 November 2014 Raffles City Changning
Location Plot 32/9, Block 88, Zhou Jia Qiao Street, Changning District, Shanghai Description A prime mixed-use development comprising, a mid-to-high end retail mall, six heritage blocks, and three Grade A office towers. Site area 80,645 sqm
Target opening Retail: 2016 date Office: 2015 (T2&T3); 2016 (T1) GFA (excluding Retail: 121,698 sqm car park)1 Office: 147,473 sqm
No. of car park 1,249 Spaces
Land use Expiring in Nov 2055 tenure
(1) Subject to change.
54 CapitaMalls Asia Presentation – 10 November 2014 Strategic Location and Excellent Accessibility
. Centrally located within the Zhongshan Park commercial district . Highly accessible with various modes of public transport
Metro Line 4 Bus Interchange: 13; 67; 88 Bus Interchange: 20 Bus Stop: 54; 67; 73; 88; Metro 316; 519; 737; 765; 776; 825 Line 2 Hongkou Plaza
Bus Stop: 519; 737; 947; 765; 825；921; RCS 939; 941; 946; 54 RCCN RCCN Luwan
Bus Interchange: CapitaMall Bus Stop: 69; 73; 224; 73; 96; 776 Qibao 309; 519; 754; 829; 856; 909 --- Inner Ring --- Middle Ring Minhang Plaza --- Outer Ring Metro Line 3
55 CapitaMalls Asia Presentation – 10 November 2014 Luwan integrated development
Location At the junction on Xujiahui Road and Madang Road, Huangpu District, Shanghai Description A prime mixed-use development comprising, a mid-to-high end retail mall and one Grade-A office building. Site Area 24,016 sqm
Target Opening 2016 Date GFA (excluding Retail: 85,739 sqm car park) Office: 45,564 sqm
No. of car park 699 spaces
Land use Expiring in Jul 2056 tenure
(1) Subject to change.
56 CapitaMalls Asia Presentation – 10 November 2014 Strategic Location and Excellent Accessibility
. Centrally located within 5 minutes drive from Xintiandi . Highly accessible with various modes of public transport
Yangpu
Zhabei Metro Hongkou Line 13 Bus Stop: 43; 109; 218; 303; 730; 781; Putuo 931; 932; 955; 985 Luwan Pudong Jing’an Luwan Metro Changning Huangpu Line 9
Bus Stop: 146 Xuhui Minhang闵行区
57 CapitaMalls Asia Presentation – 10 November 2014 Hongkou Plaza
Location No.388 Xijiangwan Road, Hongkou District, Shanghai
Description An iconic development in northern Shanghai offering shopping, leisure, F&B, entertainment and lifestyle amenities under one roof
Site area 28,696 sqm
Opening date 2011 GFA (excluding Retail: 147,510 sqm car park)1 Office: 57,609 sqm
No. of car park 1,100 spaces
Land use Expiring in Sep 2057 tenure
(1) Subject to change.
58 CapitaMalls Asia Presentation – 10 November 2014 Strategic Location and Excellent Accessibility
Dense population catchment of ~1.8 million1 residents, targeting customers aged from 25 to 35 Highly accessible with various modes of public transport Student catchment from nearby universities (e.g. Tongji University, Shanghai International Studies University)
International Studies University Line 8 North Sichuan Hongkou Plaza Road
North Bund Area
5 km
Lu Jia Zui Area Raffles City Shanghai
Note 1: Within 5km radius
59 CapitaMalls Asia Presentation – 10 November 2014 Comprehensive Retail Offerings
95.4% occupancy with strong and differentiated brands
Fashion Food & Beverage
Beauty & Health Others
60 CapitaMalls Asia Presentation – 10 November 2014 Thank You
Thank You
CapitaMalls Asia Presentation – 10 November 2014