DT51 is a fashion shopping center developed by Beijing Hualian Department Store Co., Ltd. as an upgrade project for community commerce.
Several existing luxury brand tenants at Landmark will also invest an additional approximately $600 million in the project to design and create new experiences.
Swire Properties stated its goal of doubling the total floor area in mainland China by 2032.
Why did the largest commercial complex under LVMH’s DFS settle in Yalong Bay, Sanya?
Hainan remains the operational core of China Duty Free Group (CDFG). Revenue from the Hainan region increased by 14.3% year-on-year to 39.65 billion RMB, contributing 58.7% to the company’s total revenue.
In 2024, the group plans to open approximately 16 new shopping centers in Beijing, Shenzhen, Nanjing, Xi’an, Changsha, Zhengzhou, and other locations. It is estimated that by the end of 2027, the number of operational shopping centers will increase to 117.
Swire Properties plans to double the total floor area in the Chinese Mainland by 2032.
The Hang Lung Group was founded by Chan Tseng-hsi in 1960, and Ronnie C. Chan succeeded him as chairman in 1991.
In the fourth quarter, revenue reached 16.739 billion yuan, representing a year-on-year growth of 11.09%.
CapitaLand Manages Over 300 Projects in More Than 40 Cities in China, Including Famous Retail Commercial Projects Like Raffles City, CapitaLand Mall, and CapitaLand Plaza
