The expected completion date for Xi’an Taikoo Li has been adjusted from late 2025 to 2026.
Wangfujing’s duty-free business generated revenue of ¥136 million with a gross profit margin of 13.46%. Currently, it accounts for 2.05% of the total revenue.
Xi’an Taikoo Li to be Completed in Stages by 2025.
Strong rebound in mainland China’s tourism demand, evident recovery of Joy City Real Estate’s three high-end hotels.
In the fourth quarter, The Wharf (Holdings) will introduce its third hotel brand.
Hang Lung Properties and Hang Lung Group’s property rental income increased by 5% and 4%, respectively, reaching HKD 5.237 billion and HKD 5.523 billion.
This building was originally commissioned by Georges Vuitton, the son of Louis Vuitton’s founder.
Domestic Tourism Market Shows Signs of Gradual Recovery!
Monthly rent exceeding HKD 3 million, making it one of the highest-value leases in Hong Kong since the outbreak of the COVID-19 pandemic.
Luxe.CO has compiled a summary of the performance of Hang Lung Properties’ 7 high-end shopping malls.