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PR Newswire
19-11-2014, 08:44 PM
According to the following Chinese report, The Place would open its doors to customers on 26-Nov.
http://finance.china.com/fin/xf/201411/14/9654843.html
(vested)
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Savills Endeavours to Create A Hub of Urban Life in The Place
18 November 2014
World-leading real estate adviser Savills recently announced that the company will be providing all-round management services for the shopping centre within The Place following its grand opening. Meanwhile, Savills’ ongoing appointment as leasing agent has made significant progress in securing tenants.
A retail destination within the Greater Hongqiao
The Place, a mixed-use project with a total GFA of 377,000 sq m, will comprise a 110,000 sq m one-stop shopping centre with a focus on customer expeience. The shopping centre will introduce various retail brands including international fashion, F&B, cinema, early learning, an indoor playground for kids, beauty salon and spa. In addition to an outdoor collection of international restaurants and bars, The Place also features a 4,800 sq m urban farming space on the roof and a 3,200 sq m grass courtyard, bringing diners closer to nature while they enjoy their meals. Within The Place, public facilities are immediately available for customer convenience, while intellectual service platforms such as WeChat and interactive screens appeal to those with an appetite for instant information exchange.
In terms of foot traffic, an essential concern for retailers, The Place’s shopping centre will benefit greatly from its location in the new Hongqiao commercial centre, with around one million professionals and residents within a 3 km radius. Residents account for around twice the number of workers within a 1.5 km radius ensuring steady footfall on both weekdays and weekends.
The Greater Hongqiao area, where The Place is located, is a high-end commercial centre that has evolved from Hongqiao Economic and Technological Development Zone to incorporate Hongqiao Transportation Hub and surrounding business circles. The Greater Hongqiao area is regarded as an engine for western Shanghai’s growth during the post-Expo era in the same way Greater Pudong is to eastern Shanghai.
A high-profile collection of brands
So far The Place has attracted nearly one hundred international fashion and F&B brands. Four popular brands owned by the Spanish fashion giant Inditex Group, namely Zara, Zara Home, Massimo Dutti and Oysho, have all confirmed their presence. Fast-fashion pioneers such as Uniqlo, Urban revivo, H&M, Moussy and Geox will also be introducing their latest designs.
The Place wouldn’t be “The Place” without the 200 m long Fengshang Street — the only outdoor F&B hub in the area. It offers a diversified dining experience with great international and domestic choices including Element Fresh, Baker & Spice, Blue Frog, Luna, A Twosome Place and Aniseed Saigon. Expected to stay open until dawn, the street will surely become an exciting attraction where people can indulge themselves in the dynamic “to see and be seen” urban nighlife.
Mr Albert Lau, Head and Managing Director of Savills China said, “It is Savills’ honour to be providing leasing and management services for the shopping centre within The Place. We would like to thank Forterra Trust and Nan Fung Group for their on-going trust and support, and it is our shared mission to provide a most comfortable shopping and leisure destination that aspires to deliver pleasant and quality experiences to customers. We will try our best to help The Place become a new hub of urban life.”
Mr Siu Wing Chu, Deputy Managing Director of Savills Shanghai, Head & Senior Director of Savills China Retail commented, “The Place occupies an ideal location that is easily connected to the Hongqiao Transportation Hub. As a result of our leasing campaign, a large number of internationally renowned brands have made a commitment, and their presence, together with a unique restaurant and bar street, will add to the charm and vitality of the surrounding area. I have every confidence that, with our team’s effort, it will become a prime benchmark project in western Shanghai.”
http://www.savills.com.sg/_news/article/...-the-place
http://finance.china.com/fin/xf/201411/14/9654843.html
(vested)
________________________________________________________________________________________________________________
Savills Endeavours to Create A Hub of Urban Life in The Place
18 November 2014
World-leading real estate adviser Savills recently announced that the company will be providing all-round management services for the shopping centre within The Place following its grand opening. Meanwhile, Savills’ ongoing appointment as leasing agent has made significant progress in securing tenants.
A retail destination within the Greater Hongqiao
The Place, a mixed-use project with a total GFA of 377,000 sq m, will comprise a 110,000 sq m one-stop shopping centre with a focus on customer expeience. The shopping centre will introduce various retail brands including international fashion, F&B, cinema, early learning, an indoor playground for kids, beauty salon and spa. In addition to an outdoor collection of international restaurants and bars, The Place also features a 4,800 sq m urban farming space on the roof and a 3,200 sq m grass courtyard, bringing diners closer to nature while they enjoy their meals. Within The Place, public facilities are immediately available for customer convenience, while intellectual service platforms such as WeChat and interactive screens appeal to those with an appetite for instant information exchange.
In terms of foot traffic, an essential concern for retailers, The Place’s shopping centre will benefit greatly from its location in the new Hongqiao commercial centre, with around one million professionals and residents within a 3 km radius. Residents account for around twice the number of workers within a 1.5 km radius ensuring steady footfall on both weekdays and weekends.
The Greater Hongqiao area, where The Place is located, is a high-end commercial centre that has evolved from Hongqiao Economic and Technological Development Zone to incorporate Hongqiao Transportation Hub and surrounding business circles. The Greater Hongqiao area is regarded as an engine for western Shanghai’s growth during the post-Expo era in the same way Greater Pudong is to eastern Shanghai.
A high-profile collection of brands
So far The Place has attracted nearly one hundred international fashion and F&B brands. Four popular brands owned by the Spanish fashion giant Inditex Group, namely Zara, Zara Home, Massimo Dutti and Oysho, have all confirmed their presence. Fast-fashion pioneers such as Uniqlo, Urban revivo, H&M, Moussy and Geox will also be introducing their latest designs.
The Place wouldn’t be “The Place” without the 200 m long Fengshang Street — the only outdoor F&B hub in the area. It offers a diversified dining experience with great international and domestic choices including Element Fresh, Baker & Spice, Blue Frog, Luna, A Twosome Place and Aniseed Saigon. Expected to stay open until dawn, the street will surely become an exciting attraction where people can indulge themselves in the dynamic “to see and be seen” urban nighlife.
Mr Albert Lau, Head and Managing Director of Savills China said, “It is Savills’ honour to be providing leasing and management services for the shopping centre within The Place. We would like to thank Forterra Trust and Nan Fung Group for their on-going trust and support, and it is our shared mission to provide a most comfortable shopping and leisure destination that aspires to deliver pleasant and quality experiences to customers. We will try our best to help The Place become a new hub of urban life.”
Mr Siu Wing Chu, Deputy Managing Director of Savills Shanghai, Head & Senior Director of Savills China Retail commented, “The Place occupies an ideal location that is easily connected to the Hongqiao Transportation Hub. As a result of our leasing campaign, a large number of internationally renowned brands have made a commitment, and their presence, together with a unique restaurant and bar street, will add to the charm and vitality of the surrounding area. I have every confidence that, with our team’s effort, it will become a prime benchmark project in western Shanghai.”
http://www.savills.com.sg/_news/article/...-the-place
Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.