SHKP Quarterly

Shanghai ICC is conveniently accessible in the heart of Huai Hai Middle Road, Puxi 上海環貿廣場位於浦西淮海中路心臟地帶，交通便捷 luxury clubhouse. Shanghai Cullinan faces Little Lujiazui to the east, the Xuhui commercial centre to the distant south, and Huai Hai Road and West Nanjing Road commercial district to the north. Surrounded by greenery and scenic views, residents enjoy an exceptional panoramic view of Shanghai’s city centre. ITC Located in the core of the Shanghai Xujiahui business hub, ITC spans a gross floor area of 7.6 million square feet. The mega integrated project is being developed in three phases, comprising over four million square feet of top-grade offices, more than three million square feet of prime retail space and a luxury hotel. Full completion is scheduled by late 2023. The ITC integrated development is strategically located, adjacent to the Xujiahui metro station which is an interchange station for three existing and two planned metro lines. The project will also have covered footbridges connecting it to the surrounding commercial buildings for convenient access. Offices at One ITC and Two ITC boast a combined gross floor area of 490,000 square feet, with an occupancy rate of about 92%. Tenants at One ITC include renowned multinationals, one of which is a reputable hospitality company. Two ITC offices have all been leased by the renowned sports brand Adidas, serving as its Asia-Pacific head office. Opening in the fourth quarter this year, the grand luxury mall in One ITC will cover a gross floor area of about 340,000 square feet, spanning five levels. The retail space has now been fully taken up. To satisfy the needs of high-end millennials, the mall will offer trendy international brand flagship stores, all-day dining featuring a variety of cuisines, specialty outdoor dining, outdoor landscaped co-sharing spaces for leisure, and much more. Some of the tenants will be newcomers to Shanghai. Construction work in ITC’s third phase is progressing smoothly. The future 220-metre grade-A office building has now reached the ground floor. Phase 3 will comprise a world-class shopping mall, a luxury hotel and two grade-A office towers, including a 370-metre skyscraper which is set to become the tallest building in Puxi. Nanjing IFC Nanjing IFC is the Group's third IFC project and its first-ever investment in Nanjing. Boasting a gross floor area of 3.4 million square feet, the project will comprise super grade-A offices, a grand luxury shopping mall and a five-star hotel. The Hexi Central Business District project is one of the few integrated developments designed atop a Nanjing metro station. Nanjing IFC will have two office towers. Nanjing One IFC, which offers a gross floor area of about 500,000 square feet, was completed in mid-2019, and tenants are gradually moving in. Major tenants include a US co-working space operator, a renowned bank and leading multinationals in industries ranging from logistics to oil and gas. The 290-metre tall Nanjing Two IFC will provide about 1.5 million square feet of office space. The tower has been topped out, and interior decoration work is underway. It will be completed in mid-2020 and pre-leasing negotiations are underway. The grand, luxury Nanjing IFC mall will house top-notch international brands, some of them newcomers to Nanjing, creating a brand-new one-stop shopping, entertainment and leisure destination. The retail section will cover a gross floor area of over one million square feet on nine levels. There will be landscaped zones on the ground floor, podium and different levels. An alfresco dining zone will also be available to provide a fresh experience in the thriving business district. The mall is carrying out enhancement work, with expected completion in 2021. The team is in pre- leasing talks with top-tier international brands, and the response has been enthusiastic. The Nanjing IFC integrated development will house the Andaz Nanjing, a five-star boutique hotel with 366 guest rooms and suites, coupled with comprehensive facilities, including a swimming pool, gymnasium, all-day dining restaurant, meeting venues and much more. The hotel is scheduled to open in 2021. Other integrated developments The Group is building three projects in Suzhou Yuanqu, consisting of the Suzhou ICC integrated complex on the east bank of Jinji Lake, the Four Seasons Hotel Suzhou and Lake Genève deluxe residences on two adjacent sites on the south bank of Jinji Lake. The Suzhou ICC will offer a gross floor area of about two million square feet, comprising offices, a trendy shopping mall and residential space. The 298.5-metre tall complex will have 68 storeys, with levels 41 to 68 residences, providing 385 deluxe, super high-rise residential units in multiple layouts for local and expatriate elites. The Group holds a 90% stake in the overall project. TODTOWN, in Minhang's Xinzhuang business hub, Shanghai, is a 35%-owned, large-scale integrated project which is also the first transit- oriented integrated complex in the mainland. Offering a gross floor area of over four million square feet, the phased development is being built around a public transport node, featuring an integrated community with residences, offices, a hotel and a shopping mall. The 40%-owned Hangzhou MIXC is the Group's first integrated development in Hangzhou. Located in the Qianjiang New City Central Business District, the complex provides a gross floor area of over six million square feet in two phases, comprising residences, a grand shopping mall, offices, serviced apartments and the Park Hyatt Hangzhou. 5