In a Monday (Nov 13) press release, property developer CapitaLand announced the opening of the largest mall in its portfolio, Suzhou Center Mall, its first mall in Suzhou, east China. The development is the largest mall in the city and is next to Jinji Lake and the traditional Suzhou city centre in the western CBD. Its 300,000 sq m gross floor area (not including the car park) is more than three times the size of ION Orchard in Singapore. CapitaLand said on the opening day, Saturday (Nov 11), around 400,000 shoppers visited the mall.

“The successful opening of Suzhou Center Mall caps a record year for CapitaLand. Close to one million sq m of retail GFA across eight developments turned operational in 2017, marking our largest ever retail GFA offering in a single year. " Mr. Lim Ming Yan, CEO of CapitaLand Limited, said.

Mr. Jason Leow, CEO of CapitaLand Mall Asia, said: “The continued confidence of our tenants in expanding their presence in the region with CapitaLand underscores the value of our retail platform in connecting retailers to ready catchments of shoppers with purchasing power.”

In addition to the mall, Suzhou Center also comprises four Grade A office towers, two luxury residential towers and the W Suzhou hotel tower, which are all interconnected.

Suzhou Center is master developed by Suzhou Hengtai Holding Group Co Ltd, owned by the Suzhou Industrial Park government, and is positioned as the city’s new CBD.

CapitaLand Mall Asia, co-owns and co-developed the shopping mall plus two 21-storey office towers. On opening day, there was a high commitment of more than 90 percent for the mall's lettable area.

The mall has over 600 brands, including Suzhou’s first CGV cinemas, Suzhou’s first Fanpekka children’s theme park, Suzhou’s first indoor simulated counter-strike gaming centre, an Olympic-size ice rink operated by Champion Rink, a children’s zone for young families, OLE gourmet supermarket, and art gallery and Food Member food court. In addition, Victoria’s Secret, Forever 21 and HAY furniture store opened.

The mall also has over 170 food and beverage options from international cuisines to an outlet of traditional Suzhou restaurant, Song He Lou.

With free full coverage Wi-Fi access, Suzhou Center Mall offers onsite navigation, digital payment, and interactive touch screens as information hubs.

Designed as a green oasis, Suzhou Center Mall meets local and international design and sustainability standards.

“With the opening of Suzhou Center Mall, 61 out of CapitaLand’s total portfolio of 69 owned and managed malls in China are operational. Across Singapore, China, Malaysia, Japan and India, CapitaLand owns and manages 109 malls, of which 95 are operational,” the developer said.

Source: CNA/ms

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