<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="39.9019" data-lng="116.4672" data-map-catchment-data-value="{&quot;lat&quot;:&quot;39.9019&quot;,&quot;lng&quot;:&quot;116.4672&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:500000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 km Radius&quot;,&quot;description&quot;:&quot;Urban area around the mall serving primary customers in Chaoyang District&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;10 km Radius&quot;,&quot;description&quot;:&quot;Broader area including parts of Beijing for secondary visitors&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;500,000 People&quot;,&quot;description&quot;:&quot;Estimated population within primary 5-km radius based on Chaoyang density&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.5&quot;,&quot;description&quot;:&quot;Annual growth rate in Beijing urban areas&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;38 Years&quot;,&quot;description&quot;:&quot;Median age in Chaoyang District, urban professionals&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.6 Persons&quot;,&quot;description&quot;:&quot;Average household size in Beijing households&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;45.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Beijing&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;180,000 RMB&quot;,&quot;description&quot;:&quot;Estimated annual median household income in Chaoyang District&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;4.2&quot;,&quot;description&quot;:&quot;Unemployment rate in Beijing 2025&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;115 Index&quot;,&quot;description&quot;:&quot;Cost of living relative to national average in Beijing&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;90,000 RMB per year&quot;,&quot;description&quot;:&quot;Annual retail spending per capita in Beijing&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;15,000 RMB per year&quot;,&quot;description&quot;:&quot;Estimated annual spending on apparel per capita&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;25,000 RMB per year&quot;,&quot;description&quot;:&quot;Estimated annual spending on groceries per capita&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;12,000 RMB per year&quot;,&quot;description&quot;:&quot;Estimated annual spending on electronics per capita&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;8,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated based on initial 100,000 in first two days and typical mall traffic&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;120 Minutes&quot;,&quot;description&quot;:&quot;Average time visitors spend in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;120,000 RMB per year&quot;,&quot;description&quot;:&quot;Annual sales per square meter in Beijing malls&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;150 Stores&quot;,&quot;description&quot;:&quot;Estimated number of retail outlets in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;JD.com as major anchor tenant&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Dense retail competition in Chaoyang District&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Medium Qualitative&quot;,&quot;description&quot;:&quot;Mix of retail, F\u0026B, and entertainment&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;10 Concepts&quot;,&quot;description&quot;:&quot;Number of unique or experiential retail concepts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;50,000 sqm&quot;,&quot;description&quot;:&quot;Estimated GLA for the urban renewal project&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;5 Levels&quot;,&quot;description&quot;:&quot;Multi-level shopping mall structure&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;2,130 RMB per sqm per month&quot;,&quot;description&quot;:&quot;Beijing average rent for prime malls in 2025&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;2.0&quot;,&quot;description&quot;:&quot;Low vacancy for newly opened mall&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Flexible leasing options for tenants&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;5,000 sqm&quot;,&quot;description&quot;:&quot;Estimated available space post-opening&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct Access&quot;,&quot;description&quot;:&quot;Located near major Beijing roads&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Excellent Qualitative&quot;,&quot;description&quot;:&quot;Near Shuangjing subway station&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,200 Spaces&quot;,&quot;description&quot;:&quot;Estimated parking capacity for visitors&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Qualitative&quot;,&quot;description&quot;:&quot;Dense urban pedestrian flow in area&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;Very High Qualitative&quot;,&quot;description&quot;:&quot;JD.com&#39;s own e-commerce presence&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;70.0&quot;,&quot;description&quot;:&quot;High adoption rate integrated with JD services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;95.0&quot;,&quot;description&quot;:&quot;Internet usage in Beijing urban areas&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Qualitative&quot;,&quot;description&quot;:&quot;Low crime in monitored mall environment&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Advanced Qualitative&quot;,&quot;description&quot;:&quot;CCTV, guards, and tech security systems&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Monthly Frequency&quot;,&quot;description&quot;:&quot;Regular events to drive traffic&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;60.0&quot;,&quot;description&quot;:&quot;Adoption of JD loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Full Coverage&quot;,&quot;description&quot;:&quot;Digital screens throughout the mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;10.0&quot;,&quot;description&quot;:&quot;Expected growth post-opening&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;20 Tenants&quot;,&quot;description&quot;:&quot;Planned new tenants for expansion&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Phase 2 Plans&quot;,&quot;description&quot;:&quot;Potential future expansion as urban renewal continues&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:3515,&quot;slug&quot;:&quot;skp-mall-beijing&quot;,&quot;name&quot;:&quot;Skp Mall Beijing&quot;,&quot;lat&quot;:&quot;39.90862&quot;,&quot;lng&quot;:&quot;116.47319&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;SKP Mall Beijing, located in the Chaoyang District of Beijing, is a flagship luxury retail destination opened in 2007 with a gross leasable area of approximately 100,000 square meters. Operated by Beijing Hualian Group, it has consistently ranked as Chinas top-performing shopping mall by revenue since 2011, achieving sales of over 26.5 billion yuan in 2023 despite economic challenges. The property features a strong tenant mix dominated by luxury fashion brands (about 70% of space), including anchors like Louis Vuitton, Gucci, Prada, and Chanel, alongside beauty and lifestyle retailers. This positioning targets high-end consumers in a prime central business district location, benefiting from excellent accessibility via Metro Lines 1 and 10, major highways, and proximity to business hubs. The malls market strength lies in its affluent demographic draw, with operational quality supported by modern infrastructure and high parking capacity of 2,000 spaces. Leasing advantages include stable high-occupancy rates amid Beijing-wide vacancy of 10.6 percent, though recent trends show rent reductions to attract tenants amid softer consumer spending. Potential drawbacks involve intense competition from emerging luxury venues like Taikoo Li and Parkview Green, as well as broader market saturation in high-end retail categories. Overall, it offers robust footfall from urban professionals, but retailers should consider economic volatility and shifting luxury demand patterns influenced by global factors.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Prada,Gucci,Louis Vuitton,Chanel&quot;,&quot;distance&quot;:0.91,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;1100&quot;,&quot;gla_sqm&quot;:&quot;140000&quot;,&quot;anchor_tenants&quot;:&quot;Prada,Gucci,Louis Vuitton,Chanel&quot;}},{&quot;id&quot;:3510,&quot;slug&quot;:&quot;longfor-changying-paradise-walk&quot;,&quot;name&quot;:&quot;Longfor Changying Paradise Walk&quot;,&quot;lat&quot;:&quot;39.9249&quot;,&quot;lng&quot;:&quot;116.501&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Longfor Changying Paradise Walk is a 221,286 sqm shopping mall in Beijing&#39;s Chaoyang District at 88 Chaoyang North Road, opened in 2014. It spans 4 levels with 250 retail stores, anchored by BHG Department Store, Wanda Cinema, and an ice rink. The tenant mix prioritizes family-oriented experiential retail, attracting 40% of visitors for shopping, 35% for dining, and 25% for home decor. Occupancy is strong at 97.6% with 2.4% vacancy, drawing 5 million annual visitors and average dwell time of 120 minutes, yielding 25% conversion rate. Rents average 300 RMB per sqm per month, with sales at 12,000 RMB per sqm per year. The 5 km primary catchment serves 500,000 residents, median age 38, household income 120,000 RMB yearly. Market position benefits from high public transport access, direct road proximity, and 1,200 parking spaces. Leasing advantages include medium-term flexibility and ongoing tenant pipeline. Challenges encompass high e-commerce competition at 95% internet penetration and demands for enhanced family amenities, diverse dining, and trendy fashion to sustain performance amid suburban market dynamics.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;BHG Department Store, Wanda Cinema, Ice Rink&quot;,&quot;distance&quot;:3.85,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;180000&quot;,&quot;anchor_tenants&quot;:&quot;BHG Department Store, Wanda Cinema, Ice Rink&quot;}},{&quot;id&quot;:3158,&quot;slug&quot;:&quot;wanda-plaza-cbd&quot;,&quot;name&quot;:&quot;Wanda Plaza Cbd&quot;,&quot;lat&quot;:&quot;39.9076&quot;,&quot;lng&quot;:&quot;116.4635&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Wanda Plaza CBD is a prominent mixed-use development in Beijing&#39;s Chaoyang District, situated 300 meters east of Guomao Bridge within the Central Business District. Spanning over 10 hectares with a total construction area exceeding 500,000 square meters, it features 10 buildings integrating retail spaces, high-end offices, a deluxe department store, a five-star Wanda Vista hotel, international business facilities, and residential elements. The retail component includes a Wal-Mart supercenter, cinema, diverse restaurants, banks, and boutiques, attracting a blend of local professionals, expatriates, and tourists. As part of the Wanda Group&#39;s flagship portfolio, it holds a strong market position in Beijing&#39;s premium retail landscape, benefiting from the CBD&#39;s status as the city&#39;s financial hub with robust economic activity. Leasing advantages include high visibility, proximity to corporate headquarters like CCTV and China World Trade Center, and synergies from the integrated format that drives cross-traffic between office workers, hotel guests, and shoppers. However, the property faces intense competition from nearby luxury malls such as China World Mall and Parkview Green, which offer similar high-end tenant mixes. Occupancy rates in Beijing&#39;s prime retail segments average around 90-95%, supported by steady demand despite occasional market fluctuations. Footfall benefits from the area&#39;s daily influx of over 1 million commuters and business visitors, though overall Beijing mall vacancy hovered at 9.5-10.6% in recent years per Cushman \u0026 Wakefield reports. Rent levels in CBD locations range from 1,500-3,000 RMB per square meter annually, reflecting prime positioning but also exposing tenants to economic sensitivities in a saturated luxury segment. Accessibility is enhanced by direct connections to Line 1 and Line 10 metro stations at Guomao, major road networks, and proximity to Beijing Capital International Airport (25 km away). The tenant mix emphasizes international and domestic brands in fashion, F\u0026B, and entertainment, fostering a vibrant atmosphere but requiring retailers to differentiate amid category overlaps. Operational quality is maintained through Wanda&#39;s management expertise, with regular updates to tenant configurations to align with evolving consumer preferences toward experiential retail. Potential challenges include aging infrastructure in sections built around 2008, increasing maintenance costs, and market saturation in high-end categories, which could pressure sales performance for non-anchor tenants. Demographic profiles skew toward affluent white-collar workers aged 25-45, with household incomes exceeding 200,000 RMB annually, providing a stable customer base for premium retail but limited family-oriented traffic compared to suburban plazas.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Wal-Mart, Wanda Cinemas, Sofitel&quot;,&quot;distance&quot;:0.71,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;103300&quot;,&quot;anchor_tenants&quot;:&quot;Wal-Mart, Wanda Cinemas, Sofitel&quot;}},{&quot;id&quot;:3161,&quot;slug&quot;:&quot;lotte-mall-beijing&quot;,&quot;name&quot;:&quot;Lotte Mall Beijing&quot;,&quot;lat&quot;:&quot;39.915071&quot;,&quot;lng&quot;:&quot;116.411473&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Lotte Mall Beijing, also known as Intime Lotte Department Store, is situated at 88 Wangfujing Street in the Dongcheng District, a premier shopping and tourist hub in central Beijing. Opened in 2008 as a joint venture between South Koreas Lotte Group and Chinas Intime Retail, the property spans approximately 83,600 square meters across multiple floors, featuring a mix of retail, entertainment, and dining spaces. It positions itself as a high-end destination targeting affluent locals, tourists, and fashion-conscious consumers, with strong emphasis on international luxury brands. The tenant mix includes over 360 brands, such as Gucci, Armani, Cartier, Bvlgari for luxury fashion and accessories, alongside Korean labels like Bean Pole and Elcanto, Japanese cosmetics, and domestic Chinese retailers. This blend caters to cross-border shopping trends, particularly appealing to visitors from South Korea and Japan entering the Chinese market. Market position remains solid in Wangfujing, one of Beijings busiest pedestrian streets with high visibility and accessibility via subway lines 1 and 5 at Wangfujing Station. Footfall benefits from the areas 10 million annual tourists and local pedestrian traffic exceeding 500,000 daily. Occupancy rates align with Beijings core retail average of around 90%, supported by stable demand for premium goods despite e-commerce pressures. Rent levels in prime Wangfujing locations average RMB 2,000-3,000 per square meter per month, offering competitive leasing for anchor tenants. Advantages include prime location driving natural traffic, diverse tenant mix enhancing dwell time, and potential for experiential retail activations. However, challenges involve intense competition from nearby malls like Oriental Plaza and APM Mall, market saturation in luxury segments, and economic slowdowns impacting discretionary spending. Recent developments indicate Intime Retail, partially owned by Alibaba, is considering divestment to focus on e-commerce, which could influence future operational strategies and lease terms. Overall, it provides a balanced opportunity for retailers seeking high-visibility urban exposure with established infrastructure.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Gucci, Armani, Cartier, Bvlgari&quot;,&quot;distance&quot;:4.97,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;Gucci, Armani, Cartier, Bvlgari&quot;}},{&quot;id&quot;:1852,&quot;slug&quot;:&quot;raffles-city-beijing&quot;,&quot;name&quot;:&quot;Raffles City Beijing&quot;,&quot;lat&quot;:&quot;39.9082&quot;,&quot;lng&quot;:&quot;116.4122&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Raffles City Beijing is a mixed-use development in the Dongzhimen area of central Beijing, featuring approximately 30,000 square meters of retail space within a larger complex that includes offices, serviced apartments, and a five-star hotel. Opened in 2006 and managed by CapitaLand, it occupies a prime position along the East Second Ring Road, directly connected to Dongzhimen subway station on Lines 2, 13, and the Airport Express, ensuring high accessibility for commuters, office workers, and tourists. The property benefits from proximity to the Second Embassy Area and major business districts, drawing a diverse demographic including affluent locals, expatriates, and visitors. Tenant mix emphasizes mid-to-high-end fashion and lifestyle brands such as Zara, H\u0026M, Bershka, Mango, Guess, Lacoste, Tissot, Sephora, and L&#39;Occitane, alongside a BHG supermarket in the basement and a variety of dining options from casual eateries like Tai Hing to international cuisines including Korean BBQ and Thai. Entertainment includes a cinema, contributing to its role as a one-stop destination. In Beijing&#39;s competitive retail landscape, with citywide mall stock at 16.9 million sqm in Q2 2025, Raffles City maintains strong market positioning through its central location and integrated offerings, though faces pressures from overall rental declines of about 1-2% quarterly and vacancy rates around 10.5%. Leasing advantages include flexible terms amid market softening, potential for high footfall estimated at peak weekend crowds exceeding 20,000 visitors daily based on similar CBD malls, and opportunities for cross-traffic from office and residential components. However, challenges include intense competition from nearby venues like Oriental Ginza and broader market saturation in fashion categories, with average rents hovering near RMB 700-800 per sqm per month for prime spaces.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Parkson, International Brands&quot;,&quot;distance&quot;:4.74,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;29716&quot;,&quot;anchor_tenants&quot;:&quot;Parkson, International Brands&quot;}},{&quot;id&quot;:3501,&quot;slug&quot;:&quot;parkview-green-beijing&quot;,&quot;name&quot;:&quot;Parkview Green Beijing&quot;,&quot;lat&quot;:&quot;39.91813&quot;,&quot;lng&quot;:&quot;116.44267&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Parkview Green Beijing, situated in the Chaoyang District, represents an innovative mixed-use development emphasizing sustainability and cultural integration. Completed in 2012, the property encompasses roughly 50,000 square meters of retail space within a larger complex that includes office towers and an art center. Its architecture, designed by internationally acclaimed firms, features interlocking hexagonal forms and green building certifications, positioning it as an iconic landmark in Beijing&#39;s central business area. The shopping gallery hosts over 100 tenants, traditionally focused on luxury and high-end brands in fashion, dining, and home goods, but recent adjustments incorporate mid-market options to align with evolving consumer preferences. Visitor motivations include shopping at 40%, dining at 35%, and home decor exploration at 25%, bolstered by public art exhibitions that enhance dwell time and footfall. As of 2025, occupancy hovers below 70%, a decline from 90% in 2019, mirroring Beijing&#39;s retail vacancy rate of 7.0% to 10.5% amid economic pressures. Average asking rents have been reduced to approximately RMB 2,100 per square meter per month, down from higher pre-pandemic levels, providing leasing flexibility for retailers. The surrounding demographics feature affluent professionals, expatriates, and middle-class families with household incomes averaging over RMB 200,000 annually, supported by proximity to embassies and corporate hubs. Market position benefits from unique experiential retail, differentiating it from traditional malls, though challenges arise from sluggish retail sales growth of 3% and e-commerce competition. Leasing advantages encompass prime accessibility via subway lines and major roads, diverse tenant mix fostering synergies, and owner incentives amid the property&#39;s potential sale, which could introduce operational uncertainties. Overall, while the venue offers cultural allure and location strengths, retailers must weigh risks from market saturation and declining luxury demand.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;IWC, Wempe, Aigle, MET, Tesla&quot;,&quot;distance&quot;:2.76,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;25500&quot;,&quot;anchor_tenants&quot;:&quot;IWC, Wempe, Aigle, MET, Tesla&quot;}},{&quot;id&quot;:3870,&quot;slug&quot;:&quot;parkview-green&quot;,&quot;name&quot;:&quot;Parkview Green&quot;,&quot;lat&quot;:&quot;39.917&quot;,&quot;lng&quot;:&quot;116.456&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Parkview Green, located in Beijing&#39;s Chaoyang District Central Business District on Dongdaqiao Road adjacent to Ritan Park and the diplomatic zone, is a mixed-use development featuring a four-level shopping gallery, office towers, an art center, and a boutique hotel. Opened in 2012, it spans approximately 100,000 square meters of gross leasable area in retail, emphasizing eco-friendly design with LEED Platinum certification, including green walls, solar panels, and natural ventilation systems. The property integrates contemporary art, displaying works from the owner&#39;s collection such as Salvador Dali paintings and sculptures, attracting art enthusiasts alongside shoppers. Tenant mix historically focused on luxury international brands like Louis Vuitton, Gucci, and high-end dining options, but recent adjustments toward mid-market retailers aim to broaden appeal amid softening consumer spending. Market position as an iconic architectural landmark in a high-traffic CBD area supports visibility, with proximity to embassies, corporate offices, and public transport including subway Line 10. Leasing advantages include flexible spaces from 100 to 5,000 square meters, promotional events tied to art exhibits, and sustainability credentials appealing to eco-conscious brands. However, Beijing&#39;s retail market faces headwinds, with overall vacancy at 10.5 percent in 2025 per Cushman \u0026 Wakefield reports, and prime rents declining 14.8 percent annually due to oversupply and economic slowdown. The property was listed for sale in late 2024 amid high debt and low occupancy pressures, potentially impacting long-term stability. Accessibility is strong via multiple metro lines and major roads, though traffic congestion in the CBD can hinder drive-up traffic. Demographic profile features affluent professionals, expatriates, and diplomats, with average household income exceeding RMB 200,000 annually in the area. Operational quality is high with modern facilities, but aging elements post-13 years may require updates. Retail performance metrics indicate moderate footfall of around 5 million annual visitors, bolstered by art-driven tourism, yet sales per square meter lag behind top-tier malls at approximately RMB 8,000 monthly amid category weaknesses in luxury goods due to market saturation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Louis Vuitton, Dior, Gucci, Apple Store&quot;,&quot;distance&quot;:1.93,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Louis Vuitton, Dior, Gucci, Apple Store&quot;}},{&quot;id&quot;:1593,&quot;slug&quot;:&quot;china-world-mall&quot;,&quot;name&quot;:&quot;China World Mall&quot;,&quot;lat&quot;:&quot;39.907&quot;,&quot;lng&quot;:&quot;116.452&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;China World Mall, situated in Beijing&#39;s Central Business District within the prestigious China World Trade Center complex in Chaoyang District, serves as a key luxury retail hub covering about 100,000 square meters of gross leasable area. Established in 2009 and subject to periodic upgrades, the property hosts over 200 tenants, predominantly international luxury brands such as Louis Vuitton, Gucci, Prada, and emerging experiential retailers like teas\&quot;tone and Balenciaga flagships. The tenant mix balances high-end fashion, jewelry, beauty, and F\u0026B outlets, with around 40% dedicated to dining and entertainment to encourage longer dwell times. Integrated with adjacent office spaces (over 200,000 sqm), five-star hotels, and residences, it draws a steady stream of affluent business professionals, expatriates, and visitors. In Beijing&#39;s retail market, characterized by 10.5% vacancy and average rents of RMB 2,130 per sqm per month as of Q2 2025 per Cushman \u0026 Wakefield, China World Mall maintains a strong position with occupancy near 92% and annual sales surpassing 20 billion RMB. Leasing opportunities benefit from high visibility, robust footfall estimated at 25,000 daily, and synergies with the mixed-use ecosystem enhancing cross-traffic. Accessibility is superior via Guomao metro station on Lines 1 and 10, plus extensive parking. Drawbacks include competitive pressures from nearby SKP Beijing and Sanlitun Taikoo Li, recent rent reductions of 15-25% amid economic headwinds, potential infrastructure aging in non-core areas, and reliance on luxury spending vulnerable to market saturation and consumer slowdowns.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Louis Vuitton, Gucci, Prada&quot;,&quot;distance&quot;:1.42,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;100000&quot;,&quot;anchor_tenants&quot;:&quot;Louis Vuitton, Gucci, Prada&quot;}},{&quot;id&quot;:1595,&quot;slug&quot;:&quot;wf-central&quot;,&quot;name&quot;:&quot;Wf Central&quot;,&quot;lat&quot;:&quot;39.9123&quot;,&quot;lng&quot;:&quot;116.4109&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;WF Central is a luxury retail destination located on Wangfujing Street in Dongcheng District, Beijing, covering a footprint of 21,000 square meters with a total gross floor area of 150,000 square meters, including 43,000 square meters of retail space and an attached 73-room Mandarin Oriental hotel. Opened in 2018 by Hongkong Land, it positions itself as a premium lifestyle center in the historic Wangfujing area, aiming to revitalize the district through high-end retail, dining, and cultural experiences. The tenant mix comprises over 130 international brands across luxury fashion (e.g., Gucci, Prada, Dior, Tiffany), lifestyle and wellness, gastronomy (e.g., Cheesecake Factory, Mandarin Oriental cafes), and art installations, with 20 brands debuting in Beijing or China at launch. Dover Street Market occupies the basement. Market position is strong in the luxury segment, benefiting from proximity to the Forbidden City and Beijing CBD, attracting affluent locals, high-income professionals, and tourists. Footfall has recovered post-pandemic, with 2023 reports noting increases due to location on a busy pedestrian street; however, 2022 saw declines from COVID measures. Occupancy aligns with Beijing luxury mall averages around 89-90%, supported by ongoing tenant optimization. Rents are premium, estimated at RMB 2,000-3,000 per square meter per month, reflecting prime positioning but vulnerable to economic slowdowns in luxury spending. Accessibility is excellent via Wangfujing subway station (6-minute walk) and pedestrian access. Leasing advantages include high visibility, experiential curation enhancing dwell time, and sustainability features like renewable energy powering the complex. Drawbacks encompass intense competition from nearby SKP Beijing and Taikoo Li Sanlitun, potential access congestion from tourism, and market saturation in luxury retail amid China&#39;s shifting consumption patterns toward value-oriented purchases. Operational quality is high with modern infrastructure, though aging traditional elements in surrounding Wangfujing pose contextual challenges. Overall, it suits brands targeting upscale demographics but requires resilience to rent pressures and footfall variability.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Louis Vuitton, Gucci, Prada, Mandarin Oriental Hotel&quot;,&quot;distance&quot;:4.94,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;130&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;Louis Vuitton, Gucci, Prada, Mandarin Oriental Hotel&quot;}},{&quot;id&quot;:3397,&quot;slug&quot;:&quot;sanlitun-village&quot;,&quot;name&quot;:&quot;Sanlitun Village&quot;,&quot;lat&quot;:&quot;39.92&quot;,&quot;lng&quot;:&quot;116.451&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Sanlitun Village, located in Beijing&#39;s Chaoyang District within the vibrant Sanlitun area, is a premier open-air retail and lifestyle destination developed by Swire Properties as part of the Taikoo Li Sanlitun complex. Spanning approximately 50,000 square meters across north and south villages, it features a mix of high-end fashion boutiques, international dining outlets, entertainment venues, and cultural spaces. Opened in 2008 after redevelopment, it targets affluent urban consumers, including young professionals, expatriates, and tourists, with annual footfall exceeding 20 million visitors. The property benefits from strong market positioning in one of Beijing&#39;s most dynamic neighborhoods, known for nightlife and shopping. Tenant mix includes global brands like Uniqlo, Zara, and luxury names such as Gucci and Louis Vuitton, alongside local eateries and cafes, achieving over 95% occupancy rates. Leasing advantages include flexible space configurations from 100 to 5,000 square meters, prime visibility in pedestrian-friendly layouts, and marketing support through events and digital promotions. However, high base rents averaging 1,500-2,500 RMB per square meter per month reflect the premium location, with additional challenges from intense competition in Beijing&#39;s saturated luxury retail market and sensitivity to economic downturns affecting discretionary spending. Accessibility is enhanced by proximity to Tuanjiehu subway station (Line 10), though traffic congestion during peak hours can impact vehicle access. Operational quality is high, with modern infrastructure, green spaces, and 24/7 security, but aging elements in some outdoor areas require ongoing maintenance. Overall, it offers robust sales potential with average tenant turnover exceeding 10,000 RMB per square meter annually, balanced against risks from e-commerce growth and regulatory shifts in foreign investment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Apple,Uniqlo,Adidas,Zara,H\u0026M&quot;,&quot;distance&quot;:2.44,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;160000&quot;,&quot;anchor_tenants&quot;:&quot;Apple,Uniqlo,Adidas,Zara,H\u0026M&quot;}},{&quot;id&quot;:3160,&quot;slug&quot;:&quot;beijing-yintai-centre&quot;,&quot;name&quot;:&quot;Beijing Yintai Centre&quot;,&quot;lat&quot;:&quot;39.9065&quot;,&quot;lng&quot;:&quot;116.4532&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Beijing Yintai Centre is a mixed-use development in Beijings CBD at the southwestern corner of Guomao Bridge along Chang an Street, featuring three skyscrapers designed by John Portman and Associates, with the central tower at 249.9 meters. The retail component, known as in01, is a high-end shopping mall spanning multiple levels, housing approximately 60 international and designer brands including Hermes, Dior, Lane Crawford Concept Store, Dolce and Gabbana, and the Cartier Beijing Flagship Store. The tenant mix emphasizes luxury fashion, accessories, and lifestyle offerings, with integrations of arts, trends, and customization through cross-brand collaborations such as SPORTS for athletic wear and inKIDS for family-oriented products. Positioned as a landmark for affluent consumers, it connects seamlessly to Park Hyatt Beijing, Super-A office buildings occupied by Fortune 500 companies, and modern residences, creating a synergy that drives premium footfall. The Beijing retail market in 2025 shows ongoing upgrades with citywide vacancy rates at around 6-10 percent and average rents at RMB 761.6 per square meter, reflecting a shift toward experiential retail amid economic pressures. Leasing advantages include VIP services like one-to-one companionship and Gold Key housekeeping, enhancing customer loyalty, plus direct subway access via Lines 1 and 10 for high accessibility. However, challenges arise from market saturation in luxury segments, with declining consumer spending leading to rent adjustments in similar CBD malls. Operational quality is high, supported by LEED certification and awards like Chinas Top 10 Commercial Properties in 2016, but aging infrastructure in broader CBD could pose maintenance risks. Overall, it suits retailers targeting high-net-worth individuals, with strong demographic alignment to professionals and tourists, though competition from nearby luxury hubs like China World Mall requires differentiated offerings.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Hermès, Dior, Lane Crawford, Dolce \u0026 Gabbana, Cartier&quot;,&quot;distance&quot;:1.3,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Hermès, Dior, Lane Crawford, Dolce \u0026 Gabbana, Cartier&quot;}},{&quot;id&quot;:1854,&quot;slug&quot;:&quot;solana-lifestyle-shopping-park&quot;,&quot;name&quot;:&quot;Solana Lifestyle Shopping Park&quot;,&quot;lat&quot;:&quot;39.9322&quot;,&quot;lng&quot;:&quot;116.4564&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Solana Lifestyle Shopping Park in Beijing&#39;s Chaoyang District, adjacent to Chaoyang Park, spans 120,000 sqm of gross leasable area across three levels and opened in 2006 as an open-air lifestyle destination. It hosts 450 tenants with a balanced mix: 40% fashion and accessories featuring Zara, H\u0026M, Uniqlo, and local designers; 30% F\u0026B including Starbucks, Shake Shack, and diverse cuisines; 20% leisure and entertainment like Wanda Cinema, ice skating rink, and art galleries; 10% services. Occupancy rates are 92-95% as of 2024, with annual footfall estimated at 5-7 million visitors, boosted by the park&#39;s 20 million yearly attendees and average dwell time of 2-3 hours. Rents average RMB 800-1,200 per sqm per month, aligning with prime submarket benchmarks. The 2.5 million-person catchment area includes affluent professionals, expatriates, and young families with median household income of 210,000 CNY and 42% tertiary education. Accessibility via Metro Line 14, buses, and major roads supports high pedestrian traffic, though peak-hour congestion averages 20-30 minutes. In Beijing&#39;s retail landscape of 16.9 million sqm mall stock and 10.6% citywide vacancy, Solana maintains a solid market position through experiential events like annual Light Festival and pop-ups, fostering cross-category traffic. Leasing advantages encompass 3-5 year terms with 10-15% turnover rent and fit-out contributions up to RMB 2,000 per sqm, ideal for mid-to-upper tier retailers. Drawbacks include vulnerability to harsh winters reducing footfall by 30%, aging infrastructure from 2006 build, and economic pressures with retail sales down 2.8% year-over-year amid market saturation and high e-commerce competition.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Zara, H\u0026M, Uniqlo, Apple Store, Sephora, Muji&quot;,&quot;distance&quot;:3.49,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;450&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;Zara, H\u0026M, Uniqlo, Apple Store, Sephora, Muji&quot;}},{&quot;id&quot;:2191,&quot;slug&quot;:&quot;the-place&quot;,&quot;name&quot;:&quot;The Place&quot;,&quot;lat&quot;:&quot;39.9127778&quot;,&quot;lng&quot;:&quot;116.4563889&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;The Place, located at No. 9 Guanghua Road in Beijing&#39;s Chaoyang District within the Central Business District (CBD), is an integrated retail and office complex opened in 2008. Spanning approximately 100,000 square meters of retail space across three basement levels to the fifth floor, it features a landmark 250-meter-long by 30-meter-wide LED sky screen, one of the largest in Asia, which hosts light shows and events to draw crowds. The property targets middle- to high-income white-collar professionals, expats, and urban residents in the CBD area. Tenant mix includes international fashion brands such as Zara, H\u0026M, Uniqlo, Adidas, and luxury outlets like Rolex and MAC Cosmetics, alongside diverse dining options, entertainment venues, and lifestyle amenities like spas and a food court. Positioned as a multifunctional hub combining shopping, food, and leisure, it benefits from proximity to major office towers like China World Trade Center and Kerry Center, as well as residential apartments. Market position remains strong in the prime CBD segment, where Beijing&#39;s retail vacancy rate averaged 10.5% in Q2 2025 per Cushman \u0026 Wakefield reports, though prime assets like The Place likely maintain lower rates around 5-8% due to high demand. Average asking rents in Beijing stood at RMB 2,130 per square meter per month, with prime CBD locations commanding premiums up to RMB 3,000 for ground-floor spaces. Accessibility is excellent via Metro Line 1 at Dongdaqiao Station, contributing to robust footfall estimated at over 10 million annual visitors, boosted by the iconic screen and events. Leasing advantages include stable occupancy from anchor tenants, diverse category balance reducing risk, and opportunities for experiential retail amid shifting consumer preferences toward integrated experiences. However, challenges include intense competition from nearby malls like China World Mall and Parkview Green, potential infrastructure aging after 17 years, and broader market pressures from e-commerce saturation and economic slowdowns affecting discretionary spending in Tier-1 cities.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Zara, Aldo, Rolex, D\u0026G&quot;,&quot;distance&quot;:1.52,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;100000&quot;,&quot;anchor_tenants&quot;:&quot;Zara, Aldo, Rolex, D\u0026G&quot;}},{&quot;id&quot;:3401,&quot;slug&quot;:&quot;capita-mall-u-town&quot;,&quot;name&quot;:&quot;Capita Mall U Town&quot;,&quot;lat&quot;:&quot;39.921623&quot;,&quot;lng&quot;:&quot;116.438951&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Capita Mall U Town, situated in Beijing&#39;s Chaoyang District adjacent to Chaoyangmen Subway Station on Lines 2 and 6, opened in 2009 spanning approximately 120,000 square meters of gross leasable area. This mid-range retail center targets white-collar professionals, young adults, and families within a vibrant business district. The tenant mix features international fashion anchors including Uniqlo, H\u0026M, Zara, Muji, and emerging brands like BENLAI and SETIROM, complemented by diverse dining venues, world cuisine, and luxury cinemas for comprehensive one-stop shopping. Phased renovations completed in mid-2025 have upgraded store facades and broadened appeal to include senior consumers and family-oriented amenities. In Beijing&#39;s competitive retail landscape, average asking rents stand at RMB 2,130 per square meter per month with a 10.5 percent vacancy rate, influenced by shifting consumer patterns toward value-driven purchases. Leasing advantages encompass excellent public transport accessibility, 1,000 parking spaces, and a balanced tenant portfolio that supports steady footfall, though drawbacks involve intense local competition from Sanlitun Village and economic pressures reducing discretionary spending in saturated markets.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Uniqlo, H\u0026M&quot;,&quot;distance&quot;:3.26,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;350&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;Uniqlo, H\u0026M&quot;}},{&quot;id&quot;:1594,&quot;slug&quot;:&quot;sanlitun-taikoo-li&quot;,&quot;name&quot;:&quot;Sanlitun Taikoo Li&quot;,&quot;lat&quot;:&quot;39.933536&quot;,&quot;lng&quot;:&quot;116.448053&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Sanlitun Taikoo Li, situated in Beijing&#39;s Chaoyang District at the core of the Sanlitun entertainment and shopping precinct, is an upscale open-air retail destination managed by Swire Properties. Covering 1,622,846 sq ft across three sections—South (2008), North (2010), and West (2021)—it hosts over 200 retail stores and nearly 70 restaurants. The tenant mix focuses on luxury fashion (e.g., Celine, Bottega Veneta, Loewe), flagship concepts (Apple&#39;s Asia Flagship+, Gentle Monster&#39;s largest store), and diverse F\u0026B options like Tao Tao Ju. As a landmark in Beijing&#39;s retail landscape, it draws affluent demographics and benefits from the city&#39;s retail recovery, with high footfall in a market adding 500,000 sq m of space in 2025. Leasing advantages encompass 99% occupancy, premium visibility in a vibrant hutong-inspired layout, LEED Gold sustainability rating, and subway connectivity via Lines 10, 17, and future Line 3. Average Beijing rents at RMB 2,130 per sq m monthly position it competitively, though premiums apply; however, open-air design introduces weather risks, and ongoing North section renovations may disrupt short-term performance amid 10.5% city vacancy and 14.8% rent decline forecast.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Apple, Gentle Monster, UNIQLO, Acne Studios, Loewe, Bottega Veneta, Celine, ARC’TERYX, Tao Tao Ju, San Qing Tan&quot;,&quot;distance&quot;:3.88,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;350&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;Apple, Gentle Monster, UNIQLO, Acne Studios, Loewe, Bottega Veneta, Celine, ARC’TERYX, Tao Tao Ju, San Qing Tan&quot;}},{&quot;id&quot;:8386,&quot;slug&quot;:&quot;beijing-oriental-plaza&quot;,&quot;name&quot;:&quot;Beijing Oriental Plaza&quot;,&quot;lat&quot;:&quot;39.909369&quot;,&quot;lng&quot;:&quot;116.414092&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Beijing Oriental Plaza is a prominent mixed-use development in the heart of Beijing&#39;s Wangfujing commercial district, comprising The Malls at Oriental Plaza with over 130,000 square meters of gross leasable area across six floors, integrated with a five-star Grand Hyatt Hotel, office towers, and serviced apartments. Opened in 1999, it serves as a landmark retail destination attracting both local residents and tourists due to its prime location adjacent to the historic Wangfujing pedestrian street. The property benefits from excellent accessibility via subway lines 1 and 5 at Wangfujing Station, multiple bus routes, and an indoor parking facility with over 1,000 spaces. Market position remains strong in Beijing&#39;s competitive retail landscape, where prime mall occupancy averages 89% as of late 2025, though the plaza maintains higher levels at 92-95%. Tenant mix emphasizes international luxury and mid-tier brands, including Apple, Uniqlo, Zara, and H\u0026M in fashion zones, alongside electronics, health and beauty outlets like Watsons, and diverse dining options from fast-casual to upscale restaurants in themed areas such as the atrium and lifestyle zones. Footfall averages 10,000-15,000 visitors daily on weekdays, peaking at 25,000-30,000 on weekends and holidays, driven by tourist influx and proximity to cultural sites like the Forbidden City. Demographic profile targets affluent urban professionals aged 25-45, middle-class families, and international visitors, with strong spending in fashion, electronics, and F\u0026B categories. Leasing advantages include flexible terms suited for retailers seeking high-visibility spaces in a high-traffic environment, supported by proactive property management that ensures operational quality through regular maintenance and marketing events. However, challenges include elevated rent pressures in Beijing&#39;s saturated prime retail market, where citywide first-floor rents averaged RMB 748 per square meter per month in Q3 2025, potentially higher here at RMB 1,200-1,800 for premium units, amid economic slowdowns affecting consumer spending. Competition from nearby developments like APM Mall and Oriental Xintiandi intensifies rivalry for foot traffic, while aging infrastructure from the late 1990s may require future capital investments. Overall, the plaza offers solid performance metrics but demands careful evaluation of category fit and economic resilience for prospective tenants.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Apple, high-end fashion brands, restaurants, Grand Hyatt&quot;,&quot;distance&quot;:4.61,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;130000&quot;,&quot;anchor_tenants&quot;:&quot;Apple, high-end fashion brands, restaurants, Grand Hyatt&quot;}},{&quot;id&quot;:1855,&quot;slug&quot;:&quot;parkview-green-fang-cao-di&quot;,&quot;name&quot;:&quot;Parkview Green Fang Cao Di&quot;,&quot;lat&quot;:&quot;39.9172&quot;,&quot;lng&quot;:&quot;116.4564&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Parkview Green Fang Cao Di is a mixed-use development located at 9 Dongdaqiao Road in Beijing&#39;s Chaoyang District, within the Central Business District. Opened in 2012, it features approximately 50,000 square meters of retail space across four levels, integrated with office towers, residences, and cultural venues including the Parkview Museum housing Salvador Dali sculptures. The property emphasizes sustainability with its LEED Platinum certification and vertical garden design, positioning it as an eco-friendly landmark blending shopping, art, and lifestyle experiences. Tenant mix includes high-end fashion brands like Aigle and Muji, luxury jewelry from Hier Paris, international dining options such as Hakata Ikkousha and Opera Bombana, and experiential retailers focused on socially conscious products. Surrounding demographics comprise affluent professionals, expats, and young urbanites aged 25-45 with household incomes exceeding RMB 200,000 annually, drawn to the area&#39;s proximity to Ritan Park and embassy row. Market position reflects Beijing&#39;s competitive luxury retail sector, where overall vacancy rates hover around 15-20% amid economic slowdowns and shifting consumer preferences toward value-oriented spending. Leasing advantages include prime CBD accessibility via Metro Line 10 (Tuanjiehu Station, 5-minute walk) and flexible space configurations for pop-ups or art-integrated concepts, potentially benefiting experiential retailers. However, challenges arise from declining footfall due to competition from nearby Sanlitun Taikoo Li and Joy City, which offer broader entertainment, leading to reported occupancy below 70% as of late 2024. Recent restaurant closures, like Opera Bombana, highlight weak performance in fine dining categories. Rents have been slashed by 20-30% to attract mid-market tenants, with base rates now around RMB 1,200-1,800 per square meter per month, below the CBD average of RMB 1,500-2,500. Operational quality remains high with modern infrastructure, but market saturation in luxury goods and reduced tourist inflows post-pandemic pose risks to sustained performance. Potential lessees should evaluate alignment with evolving tenant strategies emphasizing \&quot;always fresh\&quot; rotations to combat stagnation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Luxury boutiques, NE Tiger, high-end retailers&quot;,&quot;distance&quot;:1.93,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;45&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;Luxury boutiques, NE Tiger, high-end retailers&quot;}},{&quot;id&quot;:1592,&quot;slug&quot;:&quot;beijing-chaoyang-hopson-one&quot;,&quot;name&quot;:&quot;Beijing Chaoyang Hopson One&quot;,&quot;lat&quot;:&quot;39.8937&quot;,&quot;lng&quot;:&quot;116.4792&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Hopson One, situated in Beijing&#39;s Chaoyang District at the Dawang Road intersection of subway Lines 1 and 10, opened in 2017 as a mixed-use complex with about 190,000 square meters of gross leasable area (GLA). It positions as a prominent retail hub in a dynamic commercial area, offering strong public transit access that supports high footfall. The tenant mix focuses on lifestyle and experiential retail, with roughly 40% allocated to fashion and accessories, including flagship stores for brands like South Korean Mmlg and Kunogigi; 30% to F\u0026B, featuring Korean food courts and tea&#39;stone; and the remainder to entertainment such as a contact zoo and kids&#39; playrooms. Occupancy hovers around 95%, surpassing Beijing&#39;s citywide rate of 4.6% in Q1 2024, driven by brand portfolio upgrades amid market recovery. Prime rents in Chaoyang average RMB 800 per square meter per month, with Hopson One offering competitive terms including fit-out allowances for anchor tenants. Surrounding demographics include young professionals and families with median household incomes over RMB 200,000 annually, fostering demand for mid-to-upper market goods. Leasing advantages encompass prime visibility and traffic from over 500,000 daily subway users, though drawbacks involve competition from nearby developments like Sanlitun Village and potential saturation in fashion categories. Operational quality remains high with modern infrastructure, but economic factors like reduced consumer spending could pressure performance in discretionary retail segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;BHG Hypermarket, Uniqlo, Zara, Wanda Cinema&quot;,&quot;distance&quot;:1.37,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;350&quot;,&quot;gla_sqm&quot;:&quot;180000&quot;,&quot;anchor_tenants&quot;:&quot;BHG Hypermarket, Uniqlo, Zara, Wanda Cinema&quot;}},{&quot;id&quot;:4600,&quot;slug&quot;:&quot;joy-city-wangjing&quot;,&quot;name&quot;:&quot;Joy City Wangjing&quot;,&quot;lat&quot;:&quot;39.92337&quot;,&quot;lng&quot;:&quot;116.5129&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Joy City Wangjing is a prominent retail destination in Beijing&#39;s Chaoyang District, situated in the dynamic Wangjing area, a key tech and residential hub. Spanning about 84,000 square meters of gross leasable area, the property caters to a local catchment exceeding 750,000 residents within a 3 km radius, dominated by young professionals, tech employees, and expatriates aged 25-45 with household incomes averaging RMB 150,000 to 300,000 annually. The tenant mix comprises roughly 40% fashion and accessories featuring brands like Uniqlo and Sephora, 30% food and beverage outlets including Starbucks and local chains such as Nanjing Impressions, 20% entertainment and services, and 10% essential retail like supermarkets, creating a vibrant yet practical shopping environment that supports daily needs and leisure. Accessibility is facilitated by proximity to Metro Lines 14 and 15 at Wangjing and Futong stations, enabling efficient public transport links and reducing reliance on private vehicles. Footfall averages 25,000 to 35,000 visitors daily, with peaks on weekends, bolstered by the area&#39;s office density and residential influx, though it trails central Beijing malls by 20-30% due to suburban positioning. Occupancy rate is strong at 97.6% as of late 2024, surpassing the Beijing average of 89.5%, reflecting resilient leasing demand amid economic recovery. Prime rents range from RMB 1,800 to 2,200 per square meter per month, aligning with submarket norms but pressured by citywide declines of 5% year-over-year per Cushman \u0026 Wakefield reports. Leasing advantages encompass stable occupancy, diverse demographics driving consistent traffic, and opportunities for category synergies in growing sectors like experiential dining and co-working integrations. However, potential drawbacks include intensifying competition from nearby developments such as Wangjing SOHO and V Hub, which offer modern amenities, alongside broader market challenges like 10.5% citywide vacancy and modest retail sales growth of 2-3% in 2025, per Savills data, potentially impacting sales productivity estimated at RMB 6,000-8,000 per square meter annually.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;MUJI,Olé Supermarket,Zara,Aeon,Uniqlo&quot;,&quot;distance&quot;:4.57,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;350&quot;,&quot;gla_sqm&quot;:&quot;230000&quot;,&quot;anchor_tenants&quot;:&quot;MUJI,Olé Supermarket,Zara,Aeon,Uniqlo&quot;}},{&quot;id&quot;:2203,&quot;slug&quot;:&quot;skp-beijing&quot;,&quot;name&quot;:&quot;Skp Beijing&quot;,&quot;lat&quot;:&quot;39.90862&quot;,&quot;lng&quot;:&quot;116.47319&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;SKP Beijing, situated in Beijing&#39;s Chaoyang District CBD, operates as a flagship luxury retail center with around 100,000 sqm of GLA and over 300 tenants. The tenant mix prioritizes high-end international brands like Louis Vuitton, Gucci, Chanel, and Hermes, comprising about 70% of space, supplemented by premium beauty, jewelry, and F\u0026B outlets including recent additions such as UPON PRO&#39;s first Beijing store in Q2 2025. As a top performer historically, it generated 15.3 billion RMB in 2019 revenue. In Q2 2025, the CBD submarket vacancy is low at 5.2%, suggesting strong occupancy near 95% for SKP, compared to citywide 10.5%. Asking rents in CBD range from ¥800 to ¥2,000 per sqm per month, positioning it as premium amid average city rents of ¥2,130 per sqm per month. Accessibility excels with Metro Lines 1 and 10 connections, proximity to business districts, and highways, supporting high footfall from affluent demographics. Market position benefits from government policies promoting mall upgrades, first stores, and domestic brands, fostering experiential retail. Leasing advantages encompass visibility to high-net-worth individuals, robust sales potential, and low vacancy risks. Drawbacks include economic slowdown with -3.3% YoY retail sales growth forecast, sector-wide rent slashes due to consumer spending dips, intense competition from China World Mall and Sanlitun Taikoo Li, and luxury market saturation potentially impacting performance metrics.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Louis Vuitton, Gucci, Chanel, Dior&quot;,&quot;distance&quot;:0.91,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;150000&quot;,&quot;anchor_tenants&quot;:&quot;Louis Vuitton, Gucci, Chanel, Dior&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:1857,&quot;slug&quot;:&quot;xidan-joy-city&quot;,&quot;name&quot;:&quot;Xidan Joy City&quot;,&quot;lat&quot;:&quot;39.908341&quot;,&quot;lng&quot;:&quot;116.36837&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Xidan Joy City is a prominent multi-level retail complex located in the Xidan commercial district of Beijing&#39;s Xicheng District, spanning approximately 10 floors with a gross leasable area contributing to the city&#39;s central retail stock. Opened in 2007 and managed by Sanlitun Joy City Property, it integrates shopping, dining, entertainment, and connects to adjacent office and residential components, enhancing its mixed-use appeal. The property benefits from Beijing&#39;s prime central location, drawing from a dense urban population of over 21 million, with Xidan serving as a key hub for fashion and lifestyle retail. Tenant mix emphasizes mid-to-upper market international and domestic brands, including Uniqlo, Zara, Muji, Apple, Lululemon, and Air Jordan on lower levels for apparel and electronics, while upper floors host diverse F\u0026B outlets like pan-Asian chains, Western fast-casual (Dairy Queen, Pizza Hut), and coffee shops (Costa Coffee). Entertainment options feature a large cinema screening international films and interactive experiences like TeamLab installations. Market position is strong in Beijing&#39;s competitive retail landscape, where central districts like Xidan command premium footfall due to proximity to government offices, Tiananmen Square, and tourist sites, supporting annual visitor traffic estimated in the millions amid city-wide retail recovery post-pandemic. Occupancy rates align with Beijing&#39;s average of around 89.5% as per Q2 2025 Cushman \u0026 Wakefield reports, reflecting stable demand. Rent levels in prime central malls hover at ¥2,500-¥3,500 per sqm per month, influenced by high accessibility via multiple subway lines (1, 4, 9 at Xidan station). Leasing advantages include robust footfall from young professionals and families (demographics aged 18-45, middle-income ¥100,000+ annual), synergistic tenant mix driving cross-traffic, and operational upgrades like the planned highest food court on the 9th floor to boost dwell time. However, challenges involve intense local competition from adjacent malls such as Xidan Shopping Center and Joy City outlets elsewhere, potential market saturation in fashion categories, and rising operational costs from Beijing&#39;s regulatory environment on energy and safety. Overall, it offers balanced opportunities for retailers targeting urban lifestyle segments, with risks mitigated by central positioning and diverse revenue streams from F\u0026B and leisure.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Zara, H\u0026M, Uniqlo, Apple Store&quot;,&quot;distance&quot;:8.46,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;105000&quot;,&quot;anchor_tenants&quot;:&quot;Zara, H\u0026M, Uniqlo, Apple Store&quot;}},{&quot;id&quot;:1598,&quot;slug&quot;:&quot;beijing-fun-phase-ii&quot;,&quot;name&quot;:&quot;Beijing Fun Phase Ii&quot;,&quot;lat&quot;:&quot;39.8986&quot;,&quot;lng&quot;:&quot;116.3917&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Beijing Fun Phase II, located in the Qianmen Dashilar area of Beijing&#39;s Xicheng District along Langfang Toutiao, represents an extension of the Beijing Fun complex unveiled in March 2025 after over two years of construction. Positioned as an upgraded Chinese Lifestyle Experience Zone, it connects underground to Phase I, forming a circular tour route and spanning a rooftop garden of over 3,000 square meters. The development emphasizes cultural heritage with traditional architecture, including restored Baroque-style buildings and courtyard residences, blended with modern attractions like a chocolate museum themed on Beijing&#39;s Central Axis, an immersive Dashilar-inspired theater, and outdoor plazas for performances and events. Over 20 brands have signed leases, focusing on trendy social experiences and first-store concepts, enhancing the tenant mix alongside Phase I&#39;s established retailers. In Beijing&#39;s competitive retail market, where total mall stock reached 16.95 million sq m in Q3 2025 with vacancy rates around 10.6%, this property benefits from high tourist footfall in the historic Qianmen area, drawing local residents and visitors interested in cultural and experiential retail. Accessibility is strong via proximity to Qianmen Street subway station, though ground space constraints limit expansion. Leasing advantages include flexible terms amid citywide rent declines of about 7% in 2025, supporting occupancy through diverse category introductions. However, market saturation in central Beijing poses risks, with competition from nearby traditional markets and luxury malls influencing performance. Operational quality is high due to event programming, but aging infrastructure in the historic zone requires ongoing maintenance. Demographic profile targets middle-income locals aged 25-45 and international tourists, aligning with experiential retail trends. Overall, it offers balanced potential for retailers seeking cultural integration, though economic pressures may impact non-essential spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Starbucks Reserve,Muji Hotel,MINISO,PAGEONE Bookstore&quot;,&quot;distance&quot;:6.45,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;100000&quot;,&quot;anchor_tenants&quot;:&quot;Starbucks Reserve,Muji Hotel,MINISO,PAGEONE Bookstore&quot;}},{&quot;id&quot;:3884,&quot;slug&quot;:&quot;beijing-wangfujing-street-retail&quot;,&quot;name&quot;:&quot;Beijing Wangfujing Street Retail&quot;,&quot;lat&quot;:&quot;39.9139&quot;,&quot;lng&quot;:&quot;116.4053&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Beijing Wangfujing Street Retail is a prominent open-air pedestrian shopping district in central Beijing, encompassing approximately 120,000 square meters of gross leasable area across multiple levels and buildings. Established as a historic commercial hub since 2001, it features around 700 retail outlets, including anchor tenants such as Beijing Department Store, Beijing APM, and Oriental Plaza. The tenant mix emphasizes diversity with a focus on fashion, dining, and unique concepts, attracting both local residents and tourists. Annual footfall reaches 130 million visitors, supported by high pedestrian traffic and an average dwell time of 2.5 hours, contributing to a conversion rate of 25 percent and sales per square meter of 15,000 RMB. Occupancy stands at 95 percent, with 10,000 square meters of available space and a vacancy rate of 5 percent. Average asking rents are 10,000 RMB per square meter per year, reflecting its prime location. The primary catchment area within 5 kilometers includes 2.5 million people, with a median household income of 120,000 RMB and a median age of 38 years. Excellent public transport access and direct proximity to main roads bolster accessibility, though parking is limited to 1,900 spaces. Operational quality is high, with frequent promotional events, advanced digital signage, and robust security measures. In the broader Beijing retail market, where total mall stock exceeded 16.9 million square meters in 2025, Wangfujing maintains a competitive edge through its tourism-driven footfall and cultural appeal. Leasing opportunities benefit from stable occupancy and high visibility, but challenges include high e-commerce competition, medium lease term flexibility, and saturation in competitor density. Market reports indicate subdued leasing demand amid sluggish retail sales growth of around 5 percent year-over-year, prompting optimizations in tenant mixes to sustain performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Beijing Department Store, Beijing APM, Oriental Plaza&quot;,&quot;distance&quot;:5.45,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;700&quot;,&quot;gla_sqm&quot;:&quot;300000&quot;,&quot;anchor_tenants&quot;:&quot;Beijing Department Store, Beijing APM, Oriental Plaza&quot;}},{&quot;id&quot;:1856,&quot;slug&quot;:&quot;beijing-apm&quot;,&quot;name&quot;:&quot;Beijing Apm&quot;,&quot;lat&quot;:&quot;39.9139&quot;,&quot;lng&quot;:&quot;116.4076&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Beijing APM is a prominent retail complex located in the heart of Wangfujing, one of Beijings most iconic shopping districts. Spanning over 93,000 square meters of gross leasable area, it serves as a key landmark redeveloped in the early 2000s by Sun Hung Kai Properties. The property benefits from its central position near major tourist attractions like the Forbidden City and Tiananmen Square, drawing significant footfall from both local residents and international visitors. Market positionally, it operates in a prime core submarket where retail vacancy rates remain lower than the city average, estimated at around 4-5% for high-quality assets in 2025, compared to the overall Beijing mall vacancy of 6-7%. Tenant mix emphasizes youth-oriented retail, featuring international fashion brands such as Uniqlo, Zara, and H\u0026M, alongside popular dining options from global chains like Starbucks and local eateries, which account for approximately 40% of the space dedicated to F\u0026B. This composition supports a balanced category distribution with fashion and accessories comprising over 50% of tenants, enhancing cross-shopping opportunities. Leasing advantages include strong accessibility via multiple Metro lines (1, 5, and 8), bus terminals, and proximity to luxury hotels like the Peninsula and Waldorf Astoria, facilitating high daily visitor numbers exceeding 50,000 on average, bolstered by Wangfujings pedestrian traffic of millions annually. Operational quality is high, with modern infrastructure post-renovations, though the aging core structure from the initial build requires ongoing maintenance. In the broader Beijing retail landscape, where total mall stock reached 16.95 million sq m by Q3 2025, Beijing APM maintains competitive occupancy above 90%, driven by its strategic location amid a market experiencing rental adjustments downward by 4-6% year-over-year to around RMB 800-1,000 per sq m per month in prime areas. Potential challenges include intensifying competition from nearby developments like Oriental Plaza and broader economic pressures on consumer spending, yet its tourist draw provides resilience against market saturation in non-prime zones.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;H\u0026M, Uniqlo, ZARA, GAP, Apple Store&quot;,&quot;distance&quot;:5.26,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;H\u0026M, Uniqlo, ZARA, GAP, Apple Store&quot;}},{&quot;id&quot;:1590,&quot;slug&quot;:&quot;wangjing-fangheng-shopping-mall&quot;,&quot;name&quot;:&quot;Wangjing Fangheng Shopping Mall&quot;,&quot;lat&quot;:&quot;39.995&quot;,&quot;lng&quot;:&quot;116.465&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Wangjing Fangheng Shopping Mall is a key retail component within the Fangheng International Center, a mixed-use development spanning 250,000 square meters in Beijings Chaoyang District. Opened in 2008, it features a shopping plaza integrated with offices, hotels, clubs, and luxury serviced apartments, targeting the affluent Wangjing business district. The area hosts over 146,000 residents and numerous tech firms, fostering a vibrant commercial ecosystem. As of 2025, the mall is undergoing significant renovations to transform into Wangjing V-HUB, emphasizing fashion, F\u0026B, and experiential retail to attract younger demographics. Tenant mix includes international brands in apparel, dining, and lifestyle categories, with efforts to diversify amid market shifts. Accessibility is strong via Subway Lines 10 and 15, plus proximity to the Airport Expressway and ring roads, supporting daily footfall from office workers and locals. Market position benefits from Wangjings growth as a secondary CBD, though faces challenges from new supply. Occupancy hovers around 85-90 percent citywide average, with rents at RMB 800-1,200 per square meter monthly, competitive for mid-tier malls. Leasing advantages include flexible terms during upgrades, potential for pop-up spaces, and synergy with residential and office traffic, but drawbacks involve construction disruptions and saturation in F\u0026B segments. Overall, it offers balanced opportunities for retailers seeking exposure to high-income professionals, balanced against economic slowdowns impacting consumer spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Wal-Mart, Ito-Yokado&quot;,&quot;distance&quot;:10.35,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Wal-Mart, Ito-Yokado&quot;}},{&quot;id&quot;:1853,&quot;slug&quot;:&quot;oriental-plaza&quot;,&quot;name&quot;:&quot;Oriental Plaza&quot;,&quot;lat&quot;:&quot;39.913889&quot;,&quot;lng&quot;:&quot;116.402222&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Oriental Plaza is a mixed-use development in central Beijing&#39;s Wangfujing district at No.1 East Chang&#39;an Avenue, encompassing retail, offices, a Grand Hyatt Hotel, and apartments across 900,000 square meters total, with 45,000 square meters gross leasable area in the retail malls over three levels. Built in 2000 and owned by Hui Xian REIT, it holds a prime market position as a landmark in one of Beijing&#39;s top shopping areas, drawing over 10 million annual visitors through synergy with the Wangfujing pedestrian street. The tenant mix balances international and domestic brands, including anchors like Apple, Max Mara, Burberry, and Watsons, alongside 200 stores focused on fashion, accessories, electronics, and lifestyle categories, with 20 unique concepts promoting diversity. Occupancy stands at 92-95%, above Beijing&#39;s average of 89.4%, supported by proactive management and high footfall of 10,000-15,000 daily on weekdays and up to 30,000 on weekends. Leasing advantages include flexible 3-5 year terms with base rents of 1,200-1,800 RMB per square meter per month plus 10-15% turnover rent, rent-free periods for qualified tenants, and strong co-tenancy clauses ensuring brand synergies. Accessibility is strong via Wangfujing and Dongdan subway stations, major roads, and 1,900 parking spaces, though peak tourist seasons may cause congestion. The property benefits from mixed-use integration enhancing dwell times of 90 minutes and conversion rates of 25%, with sales per square meter at 15,000 RMB. However, challenges include market saturation in apparel at 8.5 square meters per capita, e-commerce competition capturing 25% of sales, and recent rent declines in Beijing&#39;s luxury segment amid consumer spending slowdowns, with citywide vacancy at 10.5%. Operational quality features modern security and 50 annual events, but the 25-year-old infrastructure may require upgrades. Retailers in experiential or tourist-oriented categories find opportunities here, balanced against risks from economic fluctuations and competitor density in the area.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Apple,Max Mara,Burberry,Watson&#39;s&quot;,&quot;distance&quot;:5.7,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;Apple,Max Mara,Burberry,Watson&#39;s&quot;}},{&quot;id&quot;:2196,&quot;slug&quot;:&quot;indigo-beijing&quot;,&quot;name&quot;:&quot;Indigo Beijing&quot;,&quot;lat&quot;:&quot;39.9687&quot;,&quot;lng&quot;:&quot;116.4855&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;INDIGO Beijing is a retail-led mixed-use development located at 18 Jiuxianqiao Road in Beijing&#39;s Chaoyang District, comprising a shopping mall of approximately 88,000 square meters, a 25-story Grade-A office tower (One INDIGO), and the EAST Beijing hotel with 369 rooms. Developed jointly by Swire Properties (50%) and Sino-Ocean Group (50%), it opened in 2019 and is expanding into Taikoo Place Beijing, increasing total GFA to 860,000 square meters by late 2026. The mall features over 180 shops with an upscale tenant mix including international brands like Uniqlo, lululemon, Massimo Dutti, Sephora, and ARC&#39;TERYX for fashion and lifestyle, alongside F\u0026B outlets such as Shake Shack, PUTIEN, and XiHeYaYuan for dining variety. It includes unique amenities like a 25,000-square-foot Winter Garden, a seven-screen CGV cinema, and a large event space, certified LEED Gold for sustainability. Market position in northeast Beijing&#39;s Jiuxianqiao area positions it as a leisure and dining hotspot near the 798 Art District and a 17-hectare urban park, benefiting from office and hotel synergies to drive footfall. Occupancy has historically been high at 98-100%, with retail sales growth of 26% in 2019, though Beijing&#39;s overall mall vacancy was 10.6% in 2024 amid economic slowdowns. Leasing advantages include stable high occupancy, diverse tenant mix supporting complementary retail categories, and mixed-use traffic from 70,000+ office workers and hotel guests, potentially yielding strong visibility for retailers in an affluent area. However, challenges involve rent pressures from market saturation and competition.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;MUJI, UNIQLO, CGV Cinemas, BHG Market Place&quot;,&quot;distance&quot;:7.59,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;170&quot;,&quot;gla_sqm&quot;:&quot;87000&quot;,&quot;anchor_tenants&quot;:&quot;MUJI, UNIQLO, CGV Cinemas, BHG Market Place&quot;}},{&quot;id&quot;:3885,&quot;slug&quot;:&quot;wangfujing-department-store&quot;,&quot;name&quot;:&quot;Wangfujing Department Store&quot;,&quot;lat&quot;:&quot;39.9133&quot;,&quot;lng&quot;:&quot;116.4104&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Wangfujing Department Store, located at 255 Wangfujing Street in Beijing&#39;s Dongcheng District, is an iconic retail property established in 1955 as China&#39;s first large-scale modern department store. Spanning 50,000 square meters across six floors, it serves as a cornerstone of the Wangfujing commercial district, a central business area with high land values and dense retail concentration. Owned by Beijing Wangfujing Department Store (Group) Co., Ltd., a state-affiliated entity, the property features approximately 200 retail outlets, including anchor tenants like Ito-Yokado supermarket and various luxury brands. The tenant mix emphasizes fashion (trendy and sustainable options), dining (international and healthy cuisine), and home decor, attracting 40% of visitors for shopping, 35% for dining, and 25% for decor. Annual footfall reaches 5 million visitors, supported by excellent accessibility via subway lines 1 and 5, major roads, and high pedestrian traffic near landmarks like the Forbidden City. Occupancy stands at 95%, reflecting strong demand in this premium location. Rent levels average 20,000 RMB per square meter annually, indicative of the area&#39;s high-value positioning. Sales per square meter are around 15,000 RMB yearly. The property benefits from a primary catchment of 2.5 million residents within 5 km, with secondary up to 20 km, characterized by affluent demographics. Leasing advantages include robust visitor conversion (25%) and dwell time (45 minutes), bolstered by promotional events and loyalty programs. However, challenges arise from intense local competition, e-commerce pressures (95% internet penetration), and potential infrastructure aging in a 1950s-era building, though renovations are planned. Market factors show Beijing&#39;s retail sector facing saturation in central areas, with overall department store revenues declining in 2023-2024 due to shifting consumer preferences toward online and experiential retail.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Ito-Yokado, Various luxury brands&quot;,&quot;distance&quot;:5.01,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;35000&quot;,&quot;anchor_tenants&quot;:&quot;Ito-Yokado, Various luxury brands&quot;}},{&quot;id&quot;:1591,&quot;slug&quot;:&quot;wangjing-v-hub&quot;,&quot;name&quot;:&quot;Wangjing V Hub&quot;,&quot;lat&quot;:&quot;39.995&quot;,&quot;lng&quot;:&quot;116.456&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Wangjing V Hub is a mid-sized shopping mall situated on Guangshun South Street in Beijings Wangjing district, a prominent tech and innovation hub. Developed in 2010 by Fangheng Group, it offers about 80,000 square meters of gross leasable area, positioning it as a community-focused retail center amid residential and office developments. The tenant mix centers on anchors like Uniqlo and H\u0026M for fashion, Walmart for everyday essentials, complemented by F\u0026B outlets and home decor stores. Ongoing renovations to establish it as Wangjing V-Hub incorporate new fashion and dining concepts, aiming to host first-time entries and refresh appeal. The local demographic features young professionals in tech sectors, with household incomes above the city average, supporting mid-range retail. Within a 3 km radius, over 750,000 residents contribute to monthly footfall exceeding 4 million visitors. Accessibility benefits from Metro Lines 14 and 15 stations nearby, the North Fourth Ring Road, and 1,000 parking spaces. Beijing retail market data from Q3 2025 indicates citywide vacancy at 10.5 percent and prime rents at RMB 2,130 per square meter per month, reflecting cautious expansion amid economic headwinds. Occupancy at the mall hovers near 90 percent, bolstered by strategic leasing. Advantages for lessees include negotiable terms in a softening market and proximity to high-growth demographics; drawbacks encompass competition from adjacent malls like CapitaMall Wangjing, potential oversupply in fashion categories, and needs for enhanced family amenities to boost dwell time and sales performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Uniqlo, H\u0026M, Walmart&quot;,&quot;distance&quot;:10.4,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;80000&quot;,&quot;anchor_tenants&quot;:&quot;Uniqlo, H\u0026M, Walmart&quot;}},{&quot;id&quot;:2841,&quot;slug&quot;:&quot;polpas-mall&quot;,&quot;name&quot;:&quot;Polpas Mall&quot;,&quot;lat&quot;:&quot;39.9982&quot;,&quot;lng&quot;:&quot;116.3837&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;POLPAS Mall, known as Beichenhui, is a contemporary leisure lifestyle retail center located in Beijing&#39;s Olympic Hub, adjacent to the China National Convention Center Phase II on the city&#39;s Central Axis. Opened in January 2024, it offers 55,000 square meters of retail space across one underground floor and three above-ground floors, blending art, sports, and leisure in a garden-inspired design by Concept i. The tenant mix comprises over 100 brands, including eight Beijing-first stores, nine regional first stores, and three premium concept stores focused on dining, lifestyle, home retail, fashion, bookstores, and cultural exhibitions. Positioned in the Asia-Olympic submarket, it benefits from proximity to major landmarks like the Bird&#39;s Nest and upcoming convention facilities in 2025, drawing business professionals, tourists, and local residents. Leasing opportunities are supported by Beijing&#39;s retail market recovery, with overall vacancy at 10.6 percent in 2024 per Cushman \u0026 Wakefield, though as a new entrant, occupancy stabilization is ongoing. Advantages include synergies with experiential retail and event-driven traffic, while challenges involve establishing footfall amid general market saturation and economic pressures on consumer spending. Accessibility via subway lines 8 and 15 enhances potential, but urban congestion remains a factor.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Cinema, Various First Stores&quot;,&quot;distance&quot;:12.86,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;55000&quot;,&quot;anchor_tenants&quot;:&quot;Cinema, Various First Stores&quot;}},{&quot;id&quot;:4516,&quot;slug&quot;:&quot;blue-harbor-international&quot;,&quot;name&quot;:&quot;Blue Harbor International&quot;,&quot;lat&quot;:&quot;39.949&quot;,&quot;lng&quot;:&quot;116.474&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Blue Harbor International, also known as SOLANA, is a lifestyle shopping park located at No. 6 Chaoyang Park Road in Beijing&#39;s Chaoyang District, adjacent to the northwest shore of Chaoyang Park and along the Liangma River. Opened in December 2008 and developed by Beijing Blue Harbor Real Estate Co., Ltd., it spans an open-air European-style commercial town with approximately 500 retail, dining, and entertainment outlets across multiple buildings. The tenant mix emphasizes mid-to-high-end fashion brands such as Zara, H\u0026M, Uniqlo, and GAP, alongside international cuisine options including Southern American, tacos, and global food courts, complemented by leisure facilities like a cinema, ice skating rink, and pop-up markets. Its market position as Beijing&#39;s pioneering lifestyle shopping park differentiates it through integration of natural elements, including over 300 trees, water features, and hanging gardens, attracting visitors seeking a blend of shopping and outdoor recreation. Leasing advantages include strong visibility from park proximity, which boosts natural footfall, and a diverse demographic draw from affluent local families, young professionals, and expatriates in the embassy-heavy Chaoyang area. However, challenges involve seasonal weather impacts on outdoor spaces and competition from nearby high-end destinations like Sanlitun Taikoo Li and Parkview Green. Overall, the property maintains high operational quality with regular events such as the Spring Awakening Festival and Blue Harbor Lighting Festival, supporting consistent visitor engagement in a recovering post-pandemic retail market where Beijing&#39;s total retail sales grew 2.5% year-on-year in early 2023 per Savills reports.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;H\u0026M, Puma, Cinema, Ice Rink&quot;,&quot;distance&quot;:5.27,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;500&quot;,&quot;gla_sqm&quot;:&quot;120000&quot;,&quot;anchor_tenants&quot;:&quot;H\u0026M, Puma, Cinema, Ice Rink&quot;}},{&quot;id&quot;:2846,&quot;slug&quot;:&quot;big-shopping-park&quot;,&quot;name&quot;:&quot;Big Shopping Park&quot;,&quot;lat&quot;:&quot;39.984&quot;,&quot;lng&quot;:&quot;116.398&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;BIG Shopping Park, located in the Chaoyang District near Beijing Olympic Park, is a suburban retail destination that opened in Q3 2022 as a legacy project from the Winter Olympics. Spanning approximately 100,000 sq m of gross floor area, it features a thematic focus on Olympic culture, sports, and urban fashion, transforming an original underground commercial space into a comprehensive shopping center. The property benefits from strong accessibility via subway lines and proximity to residential areas and sports facilities, contributing to Beijing total retail stock growth to 16.9 million sq m by mid-2025. Tenant mix includes automotive showrooms from brands like BYD, ZEEKR, and Leap Motor, reflecting the rising interest in new energy vehicles, alongside fashion retailers, dining options, and leisure experiences that aim to drive cross-traffic. Market position is solid in the suburban segment, where new supply has increased competition but also supported consumption recovery post-pandemic. Occupancy rates align with citywide averages around 89.5 percent, bolstered by upgrades to attract diverse retailers. Leasing advantages include flexible terms in a softening rent environment, with average suburban rents at about RMB 1,000-1,500 per sq m per month, lower than prime core locations at RMB 2,130. However, challenges involve managing footfall variability due to seasonal sports events and broader economic pressures on discretionary spending. The mall operational quality is high with modern infrastructure, though aging elements from its Olympic origins require ongoing maintenance. Demographic profile draws middle-to-upper income families, young professionals, and sports enthusiasts, with Chaoyang Districts population exceeding 3.4 million and growing expatriate community. Potential risks include market saturation in suburban retail and competition from e-commerce, but strengths lie in unique thematic positioning that enhances dwell time and sales per visitor.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Uniqlo, Zara, Yonghui Supermarket&quot;,&quot;distance&quot;:10.87,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;80000&quot;,&quot;anchor_tenants&quot;:&quot;Uniqlo, Zara, Yonghui Supermarket&quot;}},{&quot;id&quot;:1596,&quot;slug&quot;:&quot;joy-city-chaoyang&quot;,&quot;name&quot;:&quot;Joy City Chaoyang&quot;,&quot;lat&quot;:&quot;39.9243872&quot;,&quot;lng&quot;:&quot;116.5183334&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Joy City Chaoyang is a prominent 14-storey retail complex in Beijing&#39;s Chaoyang District, spanning 230,000 square meters at the intersection of Chaoyang North Road and Qingnian Road. Opened in 2013 as part of the Wanda Group&#39;s Joy City portfolio, it positions itself as a youth-oriented destination with a focus on fusion consumption, blending shopping, dining, entertainment, and cultural experiences. The tenant mix emphasizes international and domestic brands across fashion, beauty, and lifestyle categories, including Sephora, Monki, and various F\u0026B outlets numbering over 70, alongside an Aeon supermarket in the basement. Upper floors feature kids&#39; play areas with Toys R Us and Lego stores, while entertainment options like cinemas and event spaces drive evening footfall. In Beijing&#39;s competitive retail landscape, where vacancy rates hovered around 10.6% in 2024 per Cushman \u0026 Wakefield reports, Joy City Chaoyang maintains strong operational quality through data-driven tenant adjustments, benefiting from government-backed market upgrades. Leasing advantages include direct subway connectivity and a demographic draw of urban young professionals and families, though challenges arise from high competition in Chaoyang District and e-commerce pressures. Rent levels in prime Beijing locations average RMB 800-1,200 per sqm per month, with potential incentives for new tenants amid ongoing mix optimizations. Accessibility via Line 6 enhances visibility, but aging infrastructure in surrounding areas and market saturation pose risks to sustained performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Aeon Supermarket, Jinyi Cinema, Apple Store, Uniqlo, H\u0026M&quot;,&quot;distance&quot;:5.03,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;230000&quot;,&quot;anchor_tenants&quot;:&quot;Aeon Supermarket, Jinyi Cinema, Apple Store, Uniqlo, H\u0026M&quot;}},{&quot;id&quot;:2845,&quot;slug&quot;:&quot;lize-sky-mall&quot;,&quot;name&quot;:&quot;Lize Sky Mall&quot;,&quot;lat&quot;:&quot;39.86637&quot;,&quot;lng&quot;:&quot;116.29932&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Lize Sky Mall, located in Fengtai District on the West 3rd Ring Road near Lize Bridge in Beijing, opened in the third quarter of 2022 with a gross leasable area of approximately 82,200 square meters across multiple levels. Positioned in the emerging Lize business district, it serves as a community-oriented retail center targeting middle-income residents, young professionals, and office workers from nearby SOHO developments. The tenant mix emphasizes a balanced blend of domestic and international fashion brands, such as Uniqlo and ZARA, alongside F\u0026B outlets including local chains like Haidilao and international options like Starbucks, supplemented by entertainment facilities like cinemas and kids zones. Market position is mid-tier in Beijings suburban retail landscape, benefiting from the areas rapid urbanization but facing challenges from high supply in the region. Occupancy stands at around 85-90 percent as of mid-2025, per Savills and JLL reports, with average rents at RMB 600-750 per square meter per month, reflecting downward pressure from economic slowdowns. Accessibility is strong via Metro Line 14 and multiple bus routes, though traffic congestion on the ring road poses risks. Footfall averages 1.5-2 million monthly visitors, driven by local demographics but impacted by competition from larger malls like Joy City Fengtai. Leasing advantages include flexible terms for new entrants and incentives like rent-free periods up to three months, but drawbacks involve market saturation in F\u0026B categories and potential infrastructure strain from ongoing developments. Overall, it offers stable performance for category-appropriate retailers amid Beijings retail vacancy rate of 6.5-10 percent citywide.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Yonghui Superstores,Bona Cinema&quot;,&quot;distance&quot;:14.86,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;140000&quot;,&quot;anchor_tenants&quot;:&quot;Yonghui Superstores,Bona Cinema&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:2839,&quot;slug&quot;:&quot;the-mi-xc-xibeiwang&quot;,&quot;name&quot;:&quot;The Mi Xc Xibeiwang&quot;,&quot;lat&quot;:&quot;40.047956&quot;,&quot;lng&quot;:&quot;116.254058&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;The Mi Xc Xibeiwang is a recently opened super regional mall in Haidians northwest Beijing, launched in Q2 2024 with approximately 66700 square meters of gross leasable area across seven above-ground and four underground levels. It hosts 228 diverse merchants spanning fashion sports dining cultural venues and childrens entertainment catering to a lifestyle-oriented retail experience. Situated in a tech-heavy district near innovation parks and universities the mall positions itself as an urban landmark serving local communities and workers. Beijing retail market context shows total stock at 1255 million sq m vacancy at 47 percent and rents averaging 785 RMB per sq m monthly with non-prime ground floors at 594 RMB reflecting stable but adjusting conditions. Leasing advantages encompass competitive entry rents potential incentives like rent-free periods and modern facilities supporting operational efficiency. Tenant mix emphasizes mid-tier brands avoiding luxury saturation while benefiting from Haidians high-education demographics. However challenges include integration into a saturated market with over 500 malls and new supply pressures. Accessibility relies on road networks with metro proximity aiding footfall though traffic congestion poses risks. Overall it offers balanced opportunities for retailers targeting young families and professionals amid Beijings post-pandemic recovery.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Freshippo, Uniqlo, Zara, Cinema&quot;,&quot;distance&quot;:24.36,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;66000&quot;,&quot;anchor_tenants&quot;:&quot;Freshippo, Uniqlo, Zara, Cinema&quot;}},{&quot;id&quot;:2835,&quot;slug&quot;:&quot;capita-mall-daxing&quot;,&quot;name&quot;:&quot;Capita Mall Daxing&quot;,&quot;lat&quot;:&quot;39.726929&quot;,&quot;lng&quot;:&quot;116.341395&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Capita Mall Daxing is a seven-level shopping center located at No. 2 Huatuo Road in Beijing&#39;s Daxing District, approximately 25 kilometers south of the city center. With a gross leasable area of 150,000 square meters, it accommodates 300 retail stores, serving an immediate catchment population of about 600,000 residents in a growing suburban area with a 1.5% annual population growth rate. The tenant mix features high diversity, including anchor tenants such as BHG Supermarket, CGV Cinema, and Uniqlo, alongside various categories like fashion, dining, and entertainment. Annual footfall stands at 7 million visitors, with an average dwell time of 2.5 hours, supported by 2,000 parking spaces and excellent public transport access, contributing to high pedestrian traffic. Occupancy is strong at 95%, with a vacancy rate of 5%, and average rents are 800 RMB per square meter per month, while tenant sales average 15,000 RMB per square meter per year. The mall benefits from frequent promotional events, a 70% loyalty program penetration, digital signage, and advanced security measures, resulting in low retail crime rates. However, it faces challenges from high e-commerce competition, with 90% internet penetration and 60% click-and-collect adoption in the area. Market position in the developing Daxing District offers leasing advantages for retailers targeting middle-income families (median household income 150,000 RMB), but risks include competitor density of 5 malls per 100,000 people and potential saturation in suburban retail. Operational quality is solid, with medium lease term flexibility, though broader Beijing retail vacancy rates hover around 10.6%, indicating some market pressure.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;BHG Supermarket, CGV Cinema, Uniqlo&quot;,&quot;distance&quot;:22.23,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;200000&quot;,&quot;anchor_tenants&quot;:&quot;BHG Supermarket, CGV Cinema, Uniqlo&quot;}},{&quot;id&quot;:2842,&quot;slug&quot;:&quot;jingsheng-times-shopping-center&quot;,&quot;name&quot;:&quot;Jingsheng Times Shopping Center&quot;,&quot;lat&quot;:&quot;39.80944&quot;,&quot;lng&quot;:&quot;116.1575&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Jingsheng Times Shopping Center is situated in Beijing&#39;s Fengtai district, a southwestern area undergoing rapid commercial expansion, and opened in the first half of 2024. This property contributes to the addition of approximately 647,000 square meters of new retail space across nine complexes in Beijing during that period, with the center itself enhancing the local inventory as part of the citywide stock reaching 15 million square meters. Designed as a comprehensive family destination, it integrates shopping, leisure, and entertainment to attract middle-income households from nearby residential communities in Wangzuo and Yungang areas. The tenant mix features a balanced composition including supermarkets like Hengyuan, fashion retailers such as Li-Ning and Jeanswest, dining options, and family-oriented recreational facilities, aiming to foster repeat visits through diverse offerings. In the Beijing retail landscape, where average asking rents for ground-floor prime spaces stand at RMB 2,240 per square meter per month excluding fees, this new entrant benefits from initial high occupancy rates typical for fresh developments, estimated at 90-95 percent. Accessibility is moderate, supported by local roads and proximity to subway lines, though suburban location may limit draw from central Beijing. Demographic profile includes over 3.8 million residents in Fengtai, with growing family demographics driving potential footfall. Leasing advantages encompass competitive entry rents and flexible terms to secure anchor tenants, positioning it well in an emerging submarket. However, challenges include integration into a market with 10.4 percent vacancy and competition from established nearby properties, potentially pressuring sales performance amid broader economic recovery trends.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;New Century Hualian Supermarket, ANTA, Li-Ning&quot;,&quot;distance&quot;:28.36,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;New Century Hualian Supermarket, ANTA, Li-Ning&quot;}},{&quot;id&quot;:1601,&quot;slug&quot;:&quot;zhongguancun-art-park&quot;,&quot;name&quot;:&quot;Zhongguancun Art Park&quot;,&quot;lat&quot;:&quot;39.9833&quot;,&quot;lng&quot;:&quot;116.3167&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Zhongguancun ART PARK is a park-style commercial complex located in Beijings Zhongguancun high-tech district, undergoing urban renewal to integrate retail, art, culture, technology, and design elements. Spanning approximately 124,800 square meters of gross leasable area, it opened in May 2025 as the largest urban renewal project within the citys Fourth Ring Road. Positioned in Chinas Silicon Valley, it benefits from proximity to Tsinghua University, Peking University, and numerous tech firms, drawing a demographic of young professionals and students. The tenant mix emphasizes food and beverage outlets, achieving 100% occupancy at launch in Q2 2025, amid Beijings prime retail market adding 356,500 square meters of new supply that quarter. This F\u0026B focus aligns with trends toward experiential consumption in a challenging economic environment where retail sales growth slowed to -3.1% year-over-year in May 2025. Leasing advantages include high visibility in a dense innovation hub, potential for strong footfall from over 12,000 high-tech enterprises and 489,000 technicians in the area, and opportunities for brands targeting tech-savvy consumers with niche products like AI-integrated retail or cultural experiences. However, the broader market faces 6.5% vacancy rates and 1.9% quarter-on-quarter rent declines, reflecting cautious consumer spending and homogeneous competition. Operational quality is enhanced by green, interactive design promoting community engagement, though aging infrastructure in surrounding areas could pose indirect challenges. Overall, it offers balanced potential for retailers in emerging categories amid Beijings retail evolution toward personalized services.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Olé boutique supermarket, Shake Shack (Haidian first store), Michael Kors, Hugo Boss&quot;,&quot;distance&quot;:15.7,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;200000&quot;,&quot;anchor_tenants&quot;:&quot;Olé boutique supermarket, Shake Shack (Haidian first store), Michael Kors, Hugo Boss&quot;}},{&quot;id&quot;:1600,&quot;slug&quot;:&quot;wangfujing-well-town&quot;,&quot;name&quot;:&quot;Wangfujing Well Town&quot;,&quot;lat&quot;:&quot;39.866&quot;,&quot;lng&quot;:&quot;116.703&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Wangfujing Well Town represents Beijing&#39;s largest outlet commercial complex, situated in Tongzhou Districts Beijing Municipal Administrative Center, directly adjacent to Universal Beijing Resort. Developed by the Wangfujing Group as part of the Wanli micro-resort initiative, it integrates the core Wangfujing Outlet spanning over 500 domestic and international brands, with more than 60% debuting locally, complemented by Tingyun Town for cultural-tourism activities including a themed park and nightlife venues, and Nous Land Hotel offering 300-plus upscale rooms with views of Universal light shows. Over 90% tenant pre-leasing has been achieved ahead of its late 2025 opening. The tenant mix emphasizes discounted luxury fashion, sportswear, and accessories, allocating 50% to experiential formats in arts, entertainment, sports, and childrens recreation to attract families and tourists. Accessibility is strong via Huazhuang Station on subway Lines 1, 7, and future Line S6 linking to airports and regional rail. Projected daily footfall stands at 60,000, leveraging Universal Studios spillover in a area with growing administrative and tourism demographics. Leasing advantages include competitive outlet rents in an underserved eastern Beijing market, though newness introduces ramp-up risks amid economic recovery and saturation in discount retail categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Nike, Adidas, Local Brands&quot;,&quot;distance&quot;:20.51,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;350&quot;,&quot;gla_sqm&quot;:&quot;150000&quot;,&quot;anchor_tenants&quot;:&quot;Nike, Adidas, Local Brands&quot;}},{&quot;id&quot;:1859,&quot;slug&quot;:&quot;joy-city-tongzhou&quot;,&quot;name&quot;:&quot;Joy City Tongzhou&quot;,&quot;lat&quot;:&quot;39.9085&quot;,&quot;lng&quot;:&quot;116.6517&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Joy City Tongzhou, located in the Tongzhou District of Beijing, serves as a key retail destination in the citys sub-center, an area designated for administrative relocation and urban development since 2015. Opened in 2018, the mall spans approximately 150,000 square meters of gross leasable area across multiple floors, featuring a diverse tenant mix that includes international fashion brands like Zara and Uniqlo, domestic retailers such as Peacebird, entertainment options including a multiplex cinema and kids play areas, and a significant F\u0026B component with over 50 eateries ranging from fast casual to fine dining. The property benefits from its position near the Beijing Municipal Government offices and residential communities, drawing a local demographic of young professionals, families, and civil servants. Market position is solid within suburban Beijing, with average occupancy rates hovering around 92% as of Q2 2025, supported by proactive tenant adjustments using big data analytics typical of the Joy City brand. Rent levels are competitive at RMB 500-800 per square meter annually, lower than central Beijing averages of RMB 1,000+, offering cost-effective entry for mid-tier retailers. Accessibility is enhanced by proximity to Line 6 and Batong Line subway stations, though traffic congestion remains a challenge. Leasing advantages include flexible terms for pop-ups and short-term leases, fostering high footfall of about 5 million annual visitors, driven by experiential retail and events. However, the market faces headwinds from overall Beijing retail vacancy at 10.6% and softening consumer spending, necessitating ongoing mix optimizations to counter competition from nearby Wanda Plaza Tongzhou. Overall, it provides balanced opportunities for retailers targeting emerging middle-class consumers in a growth corridor, balanced against suburban limitations in premium draw.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Uniqlo, Zara, H\u0026M, Apple, Wanda Cinema&quot;,&quot;distance&quot;:15.75,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;350&quot;,&quot;gla_sqm&quot;:&quot;180000&quot;,&quot;anchor_tenants&quot;:&quot;Uniqlo, Zara, H\u0026M, Apple, Wanda Cinema&quot;}},{&quot;id&quot;:2844,&quot;slug&quot;:&quot;yizhuang-longfor-paradise-walk&quot;,&quot;name&quot;:&quot;Yizhuang Longfor Paradise Walk&quot;,&quot;lat&quot;:&quot;39.751022&quot;,&quot;lng&quot;:&quot;116.489144&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Yizhuang Longfor Paradise Walk is a suburban shopping mall in Beijings Yizhuang Economic-Technological Development Area, opened in September 2022 with a gross leasable area of approximately 162,743 square meters across multiple levels. Developed by Longfor Group, it targets young families and tech professionals in the high-tech hub, benefiting from proximity to major corporations like BAIC and pharmaceutical firms. The tenant mix includes over 300 brands, with more than 150 premium and regional first-to-market entries, such as MUJI, Tommy Hilfiger, Lacoste, Marc O Polo, Hazzys, JD 7FRESH PLUS supermarket, Bona International Cinema with IMAX (Yizhuangs first), Decathlon, and dining options like Haidilao. At opening, occupancy reached 99.5 percent, though citywide suburban vacancy stood at 11.88 percent in Q3 2025 per Cushman and Wakefield data. Average Beijing retail rents are 2,130 RMB per square meter per month, with suburban levels typically 20-30 percent lower than core areas, offering competitive leasing for mid-tier retailers. Accessibility is strong via Metro Line 17 and highways, drawing from a 8-kilometer radius population of affluent residents in over 30 quality communities and three key schools. Market position strengthens with Beijings retail sales down 3.8 percent year-over-year in 2025, emphasizing experiential retail amid economic caution. Leasing advantages include stable local footfall from tech workforce, diverse tenant mix reducing category risks, and Longfors operational expertise ensuring high maintenance standards. However, challenges encompass e-commerce competition, potential footfall variability due to suburban location, and broader market saturation with six new suburban projects slated for late 2025 adding over 500,000 square meters of supply.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Ole&#39; Supermarket, CGV Cinemas, Zara, Decathlon&quot;,&quot;distance&quot;:16.88,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;115000&quot;,&quot;anchor_tenants&quot;:&quot;Ole&#39; Supermarket, CGV Cinemas, Zara, Decathlon&quot;}},{&quot;id&quot;:1599,&quot;slug&quot;:&quot;lianhua-hui&quot;,&quot;name&quot;:&quot;Lianhua Hui&quot;,&quot;lat&quot;:&quot;39.908&quot;,&quot;lng&quot;:&quot;116.658&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Lianhua Hui, located in Beijing\&quot;s Tongzhou District within the administrative sub-center, represents a redevelopment of the former Bu Feng Lian Hua supermarket established in 2004. This community-oriented shopping center, with an estimated gross leasable area of around 25,000 square meters, focuses on neighborhood retail and dining to serve local residents. The tenant mix emphasizes convenience and everyday essentials, including anchor tenants like a supermarket and pharmacy, alongside quick-service restaurants such as Starbucks, KFC, Luckin Coffee, and Ba Wang Tea Ji. Additional categories cover apparel, health services, and small entertainment options, aiming to create a \&quot;home doorstep\&quot; lifestyle hub. In Beijing\&quot;s broader retail landscape, where total high-quality mall stock reached 16.9 million square meters by Q2 2025 according to Cushman \u0026 Wakefield reports, Lianhua Hui occupies a niche in the suburban segment amid slowing new supply projections for the year. The sub-center\&quot;s growth, fueled by Universal Beijing Resort and residential expansions, drives potential footfall, though initial estimates suggest 5,000 to 8,000 daily visitors primarily from a 3-5 km radius. Occupancy stands at approximately 80% pre-opening, with average rents in Tongzhou averaging 8-10 RMB per square meter per month, below the citywide 15 RMB benchmark per Savills data, offering cost-effective entry for mid-tier retailers. Accessibility benefits from proximity to Subway Line 6 (Beiguan Station) and major roads like Jingmi Road, though traffic congestion during peak hours remains a factor. Leasing advantages include shorter-term flexible spaces for pop-ups and local brands, but drawbacks encompass limited draw for high-end tenants due to the area\&quot;s middle-income demographic and competition from larger regional centers like Tongzhou Joy City, which boasts higher footfall of over 15 million annually. Market saturation in F\u0026B and potential economic slowdowns in 2025 could pressure performance, necessitating strong operational management to maintain vibrancy.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Lianhua Supermarket, KFC, Starbucks, Luckin Coffee, Ba Wang Tea Ji&quot;,&quot;distance&quot;:16.29,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;15000&quot;,&quot;anchor_tenants&quot;:&quot;Lianhua Supermarket, KFC, Starbucks, Luckin Coffee, Ba Wang Tea Ji&quot;}},{&quot;id&quot;:1858,&quot;slug&quot;:&quot;paradise-walk-beijing-chang-an&quot;,&quot;name&quot;:&quot;Paradise Walk Beijing Chang&#39;an&quot;,&quot;lat&quot;:&quot;39.945&quot;,&quot;lng&quot;:&quot;116.105&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Paradise Walk Beijing Chang&#39;An is a 42,000 sqm community shopping mall situated at the western end of Chang&#39;an Avenue in Beijing&#39;s Mentougou District. Completed in 2019 by Longfor Group, it functions as a neighborhood retail center for the area&#39;s roughly 650,000 residents. The six-story structure incorporates design elements like vaulted double-height spaces drawing from Beijing&#39;s imperial archways and art district aesthetics, with a top-floor creative social area promoting visitor interaction and social media engagement. Tenant mix emphasizes practical retail, including supermarkets, casual dining, family entertainment such as cinemas, and mid-tier fashion and lifestyle brands, fostering a balanced everyday shopping experience. Within Beijing&#39;s retail landscape, where vacancy rates averaged 9.5-10.6% in 2024 according to Cushman \u0026 Wakefield and Savills, this suburban property leverages local residential growth for stable performance despite a 1.3% YoY decline in total retail sales. Leasing benefits encompass affordable rents around RMB 250-350/sqm/month for prime locations, significantly below central Beijing&#39;s RMB 800+ levels, alongside incentives like rent abatements. Accessibility relies on public transit and local roads, with footfall estimated at 5,000-8,000 daily visitors from nearby communities. Occupancy remains high at approximately 92%, supported by the district&#39;s middle-income demographics, though challenges include peripheral location limiting broader draw, competition from nearby urban malls, and e-commerce saturation impacting non-essential categories. Operational standards are solid with modern facilities, but infrastructure in Mentougou may face occasional maintenance needs due to the area&#39;s terrain.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Uniqlo, Wumart Supermarket&quot;,&quot;distance&quot;:31.26,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;35000&quot;,&quot;anchor_tenants&quot;:&quot;Uniqlo, Wumart Supermarket&quot;}},{&quot;id&quot;:3407,&quot;slug&quot;:&quot;joy-city-daxing&quot;,&quot;name&quot;:&quot;Joy City Daxing&quot;,&quot;lat&quot;:&quot;39.752&quot;,&quot;lng&quot;:&quot;116.302&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Joy City Daxing, located in Daxing District in southern Beijing, is a mid-sized regional shopping center developed by Joy City Holdings, with a gross leasable area of approximately 52,000 square meters. Opened in early 2021, it serves as a key retail hub in the expanding suburban area near Beijing Daxing International Airport. The tenant mix includes a balanced blend of international and domestic brands, with about 40% dedicated to fashion and apparel (e.g., Zara, Uniqlo, local brands like Peacebird), 30% to F\u0026B outlets offering diverse cuisines from fast casual to mid-range dining, 15% to entertainment and leisure (including cinemas and kids zones), and the remainder to lifestyle, electronics, and services. Occupancy stood at 62% in mid-2023 but has improved to around 75-80% by 2025 amid market recovery, per commercial real estate reports. Rental levels average RMB 600-900 per sqm per month, lower than central Beijing submarkets due to suburban positioning. Footfall averages 800,000 to 1.2 million visitors monthly, driven by local residents and airport traffic, though it lags behind core urban malls. The surrounding demographics feature a growing middle-class population of over 2 million in Daxing, with median household income around RMB 120,000 annually, families with children, and young professionals commuting to central Beijing. Accessibility is strong via Line 19 subway, highways, and proximity to the airport, but traffic congestion during peak hours poses challenges. Market position is solid in the southern corridor, benefiting from urban expansion and residential developments, yet faces risks from e-commerce competition and economic slowdowns affecting discretionary spending. Leasing advantages include flexible terms for new entrants, co-tenancy clauses, and promotional support, but drawbacks involve higher marketing needs to build brand awareness in a less dense area. Overall, it offers stable performance for category killers in family-oriented retail, with potential upside from airport passenger growth projected at 72 million annually by 2025.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Uniqlo, H\u0026M, CGV Cinema, Walmart&quot;,&quot;distance&quot;:21.84,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;29900&quot;,&quot;anchor_tenants&quot;:&quot;Uniqlo, H\u0026M, CGV Cinema, Walmart&quot;}},{&quot;id&quot;:1597,&quot;slug&quot;:&quot;changping-longde-plaza&quot;,&quot;name&quot;:&quot;Changping Longde Plaza&quot;,&quot;lat&quot;:&quot;40.059723&quot;,&quot;lng&quot;:&quot;116.415538&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Changping Longde Plaza, situated at No. 186 Litang Road in Beijing&#39;s Changping District, functions as a community-oriented retail center within the expansive Tiantongyuan residential zone, accommodating over 500,000 inhabitants. The property, developed in the early 2000s, covers roughly 50,000 sqm over several floors and has undergone recent renovations, notably transforming its former Carrefour hypermarket into the DT51 Longde Store to revitalize the anchor tenant space. Tenant mix emphasizes everyday necessities with the supermarket drawing consistent traffic, complemented by a Cuiwei Department Store section offering fashion, beauty products like OLAY, accessories such as Tianwang watches, and diverse F\u0026B outlets including Starbucks, Japanese yakiniku at QingShi Niu, and traditional Chinese dining at Wang Xiang Yuan. Accessibility is supported by the nearby Lishuiqiao Metro Station on Line 13, facilitating commuter access to central Beijing, though the site caters primarily to local vehicular and pedestrian traffic from surrounding high-density housing. In the 2025 Beijing retail landscape, as per market reports, suburban properties like this one navigate a vacancy rate of 11.88% in outer districts versus 10.3% citywide, with average asking rents around ¥2,130 per sqm per month in prime areas but likely 20-30% lower in suburbs due to softening pressures. Leasing advantages encompass reliable footfall from middle-income demographics focused on family-oriented shopping, lower entry costs enabling flexible terms for small-to-medium retailers, and enhancement opportunities through ongoing urban renewal initiatives that boost operational quality and tenant synergy in a market with rising local consumption amid economic stabilization efforts. Drawbacks include moderate overall performance metrics compared to core malls and vulnerability to category overlaps with nearby competitors.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;DT51, Huawei, LEGO, Xiaomi, Vivo&quot;,&quot;distance&quot;:18.09,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;DT51, Huawei, LEGO, Xiaomi, Vivo&quot;}},{&quot;id&quot;:2840,&quot;slug&quot;:&quot;hops-on-beijing&quot;,&quot;name&quot;:&quot;Hops On Beijing&quot;,&quot;lat&quot;:&quot;40.221&quot;,&quot;lng&quot;:&quot;116.2312&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;HOPS ON Beijing is a expansive commercial complex located in Changping District, a suburban area northwest of central Beijing, covering over 300,000 square meters and accommodating more than 800 shops across retail, entertainment, office, and cultural spaces. Developed by Hopson Group and designed by RSP Architects, it features a futuristic aesthetic with natural elements, including Asias largest dome structure and a 30,000 square meter outdoor area. The project entered the market in Q2 2024, with the West Zone opening to the public in April 2025, introducing approximately 300 brands, 35 percent of which are regional first stores. Tenant mix emphasizes lifestyle retail, such as the Jia Jia Yue boutique supermarket, fashion, FandB outlets, and experiential venues blending sports, music, and leisure. Positioned adjacent to industrial parks, residential communities, and universities, it targets local consumption in non-core submarkets, supporting Beijings urban renewal initiatives. As part of 425,000 square meters of new supply added in 2024, it enhances suburban retail environments amid citywide stock reaching 15.5 million square meters. Leasing advantages include opportunities for brand debuts in a modern, diversified setting with flexible interior spaces and an 18-meter-wide central axis for high visibility. However, it operates in a market with 10.6 percent vacancy and declining rents due to economic pressures and consumption shifts, potentially impacting performance in weaker categories like luxury goods.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;ANTA SUPERSTORE, DIDIMAX, SPRANDI&quot;,&quot;distance&quot;:40.77,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;800&quot;,&quot;gla_sqm&quot;:&quot;300000&quot;,&quot;anchor_tenants&quot;:&quot;ANTA SUPERSTORE, DIDIMAX, SPRANDI&quot;}},{&quot;id&quot;:3165,&quot;slug&quot;:&quot;tongzhou-mix-c-one&quot;,&quot;name&quot;:&quot;Tongzhou Mix C One&quot;,&quot;lat&quot;:&quot;39.9&quot;,&quot;lng&quot;:&quot;116.67&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Tongzhou Mix C One is a regional shopping center located on Yunhe East Street in Beijing&#39;s Tongzhou District, opened in 2024 by CR Land. The property features seven above-ground floors and two underground levels, totaling around 100,000 square meters of gross leasable area. It functions as a community-oriented hub with a focus on retail, dining, entertainment, and home decor experiences. Anchor tenants such as Uniqlo, H\u0026M, Wanda Cinema, and BHG Supermarket anchor a tenant mix that aligns with visitor interests: 40% for shopping, 35% for dining, and 25% for home decor. Situated in Beijing&#39;s designated sub-center, the mall draws from a local population exceeding 2 million, including young professionals and families, supported by residential growth and administrative relocations. Accessibility includes 1,500 parking spaces and connections to subway lines for regional draw. In the broader Beijing retail market, new supply like this property contributed to slight rent adjustments downward in 2024, with citywide prime rents averaging RMB 755 per square meter per month. Occupancy for similar suburban malls hovers around 90%, though specific figures for this new asset remain emerging. Leasing advantages encompass modern design and traffic from anchors, but retailers face risks from competition with established centers like Tongzhou Joy City and Aeon Mall, potential footfall variability (initial monthly estimates at 6,666 visitors), and market saturation in mid-tier categories. Operational quality benefits from recent construction, minimizing infrastructure issues, yet economic caution may affect discretionary spending in fashion and entertainment segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Uniqlo, H\u0026M, Wanda Cinema, BHG Supermarket&quot;,&quot;distance&quot;:17.3,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;260&quot;,&quot;gla_sqm&quot;:&quot;98880&quot;,&quot;anchor_tenants&quot;:&quot;Uniqlo, H\u0026M, Wanda Cinema, BHG Supermarket&quot;}},{&quot;id&quot;:1847,&quot;slug&quot;:&quot;golden-resources-shopping-mall&quot;,&quot;name&quot;:&quot;Golden Resources Shopping Mall&quot;,&quot;lat&quot;:&quot;39.95722&quot;,&quot;lng&quot;:&quot;116.2825&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Golden Resources Shopping Mall is situated in Haidian District, Beijing, near the northwest Fourth Ring Road, spanning a gross leasable area of 557,419 square meters across six floors. Opened on October 24, 2004, it held the title of the worlds largest mall by GLA until 2005. The property hosts over 1,000 stores and services, featuring a diverse tenant mix including fashion outlets, electronics retailers, home furnishings, supermarkets, and entertainment venues such as the Injia International Cinema on the fifth floor. Accessibility has enhanced over time with direct connections to Beijing Subway Lines 10 and 12 at Changchun Qiao and Landianchang stations, facilitating commuter traffic. The surrounding demographic comprises middle-class families, young professionals, and students from nearby universities and residential complexes, driven by Haidians tech and education hubs. Footfall, initially low at around 20 shoppers per hour upon opening, has increased substantially by 2022, with weekend crowds reflecting urban expansion and middle-class growth. Beijing retail market in 2024 reported a 10.6% vacancy rate and a 2.8% year-on-year decline in total retail sales to RMB 1,286.59 billion in the first eleven months, indicating cautious consumer spending. Leasing advantages include the malls vast scale for anchor tenants, broad appeal for mid-tier brands, and established footfall in a populated suburb. Drawbacks encompass competition from newer premium malls, potential aging infrastructure requiring maintenance, market saturation in categories like apparel, and sensitivity to economic fluctuations impacting rent levels, which have trended downward amid oversupply of 425,000 sq m new space in Q2 2024.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Yansha Main Store, Capital City Top-Grade Department Store, Popular Fashion Department Store, Injia International Cinema&quot;,&quot;distance&quot;:16.91,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;1000&quot;,&quot;gla_sqm&quot;:&quot;557419&quot;,&quot;anchor_tenants&quot;:&quot;Yansha Main Store, Capital City Top-Grade Department Store, Popular Fashion Department Store, Injia International Cinema&quot;}},{&quot;id&quot;:3887,&quot;slug&quot;:&quot;universal-city-walk-beijing&quot;,&quot;name&quot;:&quot;Universal City Walk Beijing&quot;,&quot;lat&quot;:&quot;39.845247&quot;,&quot;lng&quot;:&quot;116.672409&quot;,&quot;property_type&quot;:&quot;Entertainment&quot;,&quot;description&quot;:&quot;Universal CityWalk Beijing, opened in 2021 as part of the Universal Beijing Resort in Tongzhou District, is an open-air entertainment and retail complex spanning about 50,000 sqm. It features 24 venues, including a multiplex cinema, 15 food and beverage outlets offering Western and Asian cuisines, and themed retail spaces. The tenant mix focuses on experiential offerings: 40% dining (e.g., themed restaurants), 30% retail (Universal Studios Store, Minion Mart, Swarovski, Pop Mart), 20% entertainment, and 10% services like ICBC banking. Integrated with Universal Studios Beijing, which drew 11.5 million visitors in 2023, CityWalk captures spillover traffic, achieving high occupancy near 95% and footfall of 20,000-50,000 daily, peaking during holidays. Located in suburban Beijing, it serves a catchment of 2-3 million residents within 10km, primarily families and young adults aged 18-35 with middle-income profiles. Accessibility via Metro Lines 7 and Batong to Universal Resort Station supports public transport use, though car access can congest. In Beijing&#39;s 17.44 million sqm retail market (Q4 2025 data), with 10.5% vacancy and average rents at ¥2,100/sqm/mo in core areas, Tongzhou rents range ¥1,500-2,000/sqm/mo, offering cost advantages for experiential retailers. Leasing benefits include captive audiences from the park and flexible spaces for pop-ups, but challenges arise from tourism dependency and competition from central malls like Sanlitun.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Beijing&quot;},&quot;anchor_tenants&quot;:&quot;Universal Studios Store, Universal CityWalk Cinema&quot;,&quot;distance&quot;:18.61,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Universal Studios Store, Universal CityWalk Cinema&quot;}}]}" data-map-update-url-value="/malls/shuangjing-jd-mall" id="mall-map-wrapper"><div data-city="Beijing" data-current-mall="true" data-id="shuangjing-jd-mall" data-lat="39.9019" data-lng="116.4672" data-map-target="mall" data-name="Shuangjing Jd Mall" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 km Radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">10 km Radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">500,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.5</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">180,000 RMB</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">4.2</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">115 Index</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">90,000 RMB per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">15,000 RMB per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">25,000 RMB per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">12,000 RMB per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">8,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">120 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">120,000 RMB per year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">150 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">Medium Qualitative</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">50,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">5 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">2,130 RMB per sqm per month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">2.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Direct Access</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Excellent Qualitative</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,200 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Qualitative</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Very High Qualitative</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">70.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">95.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Low Qualitative</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Advanced Qualitative</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Monthly Frequency</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">60.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Full Coverage</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">10.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">20 Tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Phase 2 Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>