SHKP Quarterly

The Nanjing IFC mall will boast a gross floor area of over one million square feet on nine levels for top-notch international brands, creating a new one-stop shopping, entertainment and leisure experience in the city. The mall is targeted to open in 2022, and pre-leasing has been enthusiastic. Andaz Nanjing will offer over 360 luxury guest rooms and suites, along with comprehensive facilities, including a swimming pool, a gym, specialty restaurants and meeting venues. Other properties under development In Chengdu, the Group has a 40% interest in the Chengdu ICC integrated project, which offers a gross floor area of 14 million square feet, comprising quality residences, offices, retail space and a five-star hotel. Preliminary marketing for its 1.2-million-square-foot shopping mall has commenced. The Jianghehui project in Hangzhou is the Group's latest addition on the mainland. The Jianghehui project in the core area of the Qianjiang New City CBD, Hangzhou, comprises two neighbouring riverside sites, which will be jointly developed into a landmark integrated complex, providing a total above-ground gross floor area of about 370-metre skyscraper will become one of the tallest buildings in Puxi upon completion. Nanjing IFC The Group's footprint was expanded to other major cities. Nanjing IFC is the Group’s third IFC project, following those in Hong Kong and Shanghai. Located in the Hexi Central Business District, the approximately 3.4 million-square- foot integrated complex comprises two grade-A office towers, a luxury shopping mall and the five-star Andaz Nanjing hotel. It is one of the few integrated developments atop a metro station in the city. Nanjing IFC includes two office towers with a combined gross floor area of approximately two million square feet of grade-A office space. It has a prominent lobby entrance, composed mainly of large glass facades, and a stylish indoor design with a distinctive high ceiling and a 30-metre-high glass box lobby. Nanjing One IFC was completed in mid-2019. The office tower has been taken up mainly by renowned domestic and global financial institutions, top professional services firms and leading multinationals. Completed in the second half of 2020, the 290-metre-tall Nanjing Two IFC provides 46 floors of grade-A offices. nine million square feet. The complex will have high-end offices, retail space, high- end residences and a five-star hotel, all overlooking a large-scale central park. A groundbreaking ceremony was held in November 2020. The Group has a 50% interest in River West and a 45% interest in River East. In the Greater Bay Area, the Group is developing the Qingsheng Project, a Transit-Oriented Development (TOD) in the Nansha Free Trade Zone in Guangzhou. On completion, the strategically located project will enjoy a seamless connection to an interchange station of the High Speed Rail and one existing metro line and a future line. The 3.3 million-square-foot Qingsheng Project will be developed in phases and will comprise offices and retail space. Foundation work has commenced. Over the past decade, the Group has continued to build quality integrated developments on the mainland, which will start to bear fruit for the Group upon their full completion and further increase the recurring income stream to the Group. One ITC Feature Story Vol 98 • Q4 2020 • SHKP Quarterly 6