Dalian Wanda to open 17 malls this month
Chinese real estate developer Dalian Wanda Group will reportedly open 17 shopping centres this month.
The group recently opened its 300th plaza in Hubei province, a 105,000sqm shopping centre based in Xianning – the first enclosed mall in the city – including a 275m indoor shopping street and an Imax theatre, as well as hosting 200 retailers.
Wanda is poised to open four new plazas on December 20, followed by three on December 28 and 31. The group intends to operate 323 plazas in total by the end of the year, the majority 300-730 pdf of new locations in low-tier cities.
The group has opened centres in 188 cities in 30 provinces nationwide.