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Retail Beijing

January 2021

Report

Reihe: Savills Market in Minutes

Anbieter: Savills

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  • Erscheinungsdatum : 15.01.2021
  • Seiten : 2 Seiten
  • Datei-Typ : PDF-Datei
  • Größe : 588,72 kB
  • Sprache(n) : Englisch

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Inhalt

  • Retail sales decreased by 9.6% year-on-year (YoY) to RMB1228.46 billion in the first eleven months of 2020, while general retail and F&B sales fell by 7.6% YoY and 31.9% YoY to RMB1151.68 billion and RMB76.78 billion, respectively.
  • Three new projects made their debuts in Q4/2020, bringing around 310,800 sq m of retail space to the market. Two of them are managed and operated by Wanda Group, Fun Capital Wanda Plaza located in Changping District, bringing 160,000 sq m of retail space, and Shuangqiao Wanda Plaza located in Chaoyang District, bringing 44,800 sq m of retail space.
  • As the first mall under the "Breeze" brand from Grand Joy Holdings Group, Joy Breeze Daxing located in Daxing District also debuted in Q4/2020, bring around 106,000 sq m of retail space to the market.

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