SHKP Quarterly

The Group enters the Shanghai and Yangtze River Delta market with landmark integrated complexes The Group’s major integrated developments in well-connected locations in Hong Kong serve users’ business and lifestyles needs while enhancing economic activity in the area, adding spice to the community’s development. In planning its investments in Shanghai and the Yangtze River Delta, the Group has introduced this development model in different cities. Large-scale integrated developments have been built in major transportation hubs, bringing premium commercial and residential projects to the cities and enhancing the living standard of people in the area. The completed integrated complexes have become city icons, helping the Group build up its premium brand in the mainland. Shanghai IFC Situated in a prime location in the Pudong Lujiazui Finance and Trade Zone, Shanghai IFC is the Group's debut integrated complex in the city, comprising two super grade-A office towers, the Shanghai IFC Mall, Shanghai IFC Residence serviced suites and The Ritz-Carlton Shanghai, Pudong. The complex is a major landmark in Shanghai, with excellent transport links. It is close to the first Pudong exit of the Yan’an East Road Tunnel, making it very convenient to cross the Huangpu River. Moreover, the mall's basement is connected direct to the Lujiazui metro station. The Shanghai IFC offices were built based on the specifications of Hong Kong’s IFC. In attributable terms, the Group’s office space has achieved an average occupancy rate of over 95%. The tenants are mainly reputable financial institutions, banks and professional firms. Shanghai IFC is the Group's first integrated complex in Shanghai and a major landmark in the city 上海國金中心為集團在滬首個綜合發展項目，屬市內重要地標 The Shanghai IFC Mall is home to over 260 top-tier international retailers and global flagship stores, including the world’s largest single-floor Louis Vuitton flagship store, the first mainland Apple Store flagship store and more than 30 flagship stores of world-renowned labels. The tenant mix is broadened from time to time to provide a unique array of shop types, including those selling premium international watches and clocks and jewellery, deluxe skin care, high-end menswear and trendy fashion, as well as Michelin-starred restaurants. The mall recently completed a brand enhancement on the ground level, adding high-end brand flagship stores. IFC Residence offers deluxe living space, comprehensive facilities and attentive service for senior executives and expatriates living in the city. The premium serviced suites were named the best serviced suites among its peers. The Ritz-Carlton Shanghai, Pudong is popular among travellers with discerning lifestyle tastes. The hotel is also a social, dining and entertainment hub in the city. Its dining outlets have earned high praise, with its restaurants and bars ranked among the top ten in Shanghai by an international travel website. Shanghai ICC Shanghai ICC comprises two super grade-A office towers, the IAPM Mall and the deluxe Shanghai Cullinan residences. Located in the heart of Huai Hai Middle Road, Puxi, the project is easily accessible to Pudong through the Fuxing East Road, Renmin Road and Yan’an East Road tunnels. Alternatively, there are elevated roads nearby to other parts of the city. The project is also atop an interchange station of three major metro lines. Shanghai ICC is now one of the signature integrated projects in Puxi. The office section of Shanghai ICC consists of two stylish, fully equipped, super grade-A office towers, attracting renowned multinationals from different industries and domestic corporations as tenants. IAPM is an upscale, trendy mall, introducing an innovative lifestyle and late- night shopping concept to Shanghai. The mall presents a diverse brand mix, with some 240 international high-end, trendy retailers, of which 10% are new to the mainland and 15% new to Shanghai, as well as pop-up stores created by luxury retailers. Technology is deployed to bolster promotional campaigns and to provide an appealing, interactive shopping experience. IAPM closes at 11pm, and the restaurants are open until midnight, offering more shopping and leisure enjoyment for busy white collar workers and night owls. The luxury residences in the Shanghai Cullinan include two types of standard four-bedroom units, special units featuring private gardens and duplex penthouses with private swimming pool, complemented by a comprehensive Feature Story Vol 93 • Q3 2019 • SHKP Quarterly 4