Wharf to open Chengdu mall
Hong Kong company Wharf Holdings is set to open a mall in Chengdu, China.
Opening in January, the Chengdu mall will span 210,000 sqm and house around 300 stores.
The shopping mall is part of 760,000 sqm Chengdu International Finance Square, which also comprises office building, five-star hotel and luxury residential units.
Chengdu International Finance Square is Wharf’s first big project in mainland. It also plans to develop more projects in Chongqing, Wuxi, Changsha and Suzhou.
Wharf expects to achieve an annual income of 500 million yuan ($82.4 million) from mall rents.
The company also owns shopping centres in Hong Kong including Harbour City, Plaza Hollywood, Ocean Terminal and Times Square. It also operates hotels, transport, warehousing and cable TV businesses.