Raffles City The Bund is CapitaLand’s third Raffles City integrated development in Shanghai, its ninth in China and 10th glRaffles City The Bund is CapitaLand’s third Raffles City integrated development in Shanghai, its ninth in China and 10th globally. Sitting on a 4.05-hectare site along Huangpu River in North Bund, the integrated development comprises two 50-storey premium Grade A office towers linked at the base by a six-storey shopping mall. The development is directly linked to Line 12 and upcoming Line 19, two major metro lines with the highest number of interchange stations in the city. The final component in the over 300,000 square metre (sqm) megastructure to welcome the public is the 120,000 sq m shopping mall. The retail component of Raffles City The Bund, CapitaLand’s third and largest Raffles City development in Shanghai, opened to great fanfare on 10 July 2021. A healthy committed occupancy of 92% reflects the depth and diversity of China’s retail scene. More than half of the mall’s over 200 brands are either new to China, East China, Shanghai or CapitaLand’s portfolio. Strong shopper traffic of over 300,000 was registered on its opening day, marking an encouraging start to Raffles City The Bund’s retail operations. Shanghai is where CapitaLand’s Raffles City brand made its China debut 17 years ago with the opening of Raffles City Shanghai. More than 300,000 shoppers thronged CapitaLand’s newest integrated development in China, Raffles City The Bund, in Shanghai on July 10. The 1.29 million sq ft shopping mall is the final component in the 3.23 million sq ft integrated development. The opening ceremony on July 10 was officiated by Lui Tuck Yew, Singapore Ambassador to China, as well as Guo Fang, Party Secretary of Shanghai’s Hongkou District. The mall opened with a committed occupancy of 92% and the strong shopper traffic marks an encouraging start to the retail operations, the developer says. “The successful launch of Raffles City The Bund attests to the growing strength of our Raffles City franchise, and the value CapitaLand brings to our investors through our best-in-class operating platform,” says Puah Tze Shyang, CEO, investment and portfolio management, of CapitaLand China. The first Raffles City branded development by CapitaLand in China opened 17 years ago, and the developer has since added eight more of these branded developments across China. The developer retains its position as the asset manager and operator of the entire Raffles City portfolio in China. “In June 2021, we onboarded Ping An as our strategic and long-term capital partner for six of our Raffles City developments,” says Puah. This will allow the developer to continue managing the Raffles City assets in China and grow the brand further, he adds. 0:00 Intro 1:13 Walking Inside the Mega Mall 1:00:09 Special Moments 1:04:21 The Old School Dancing Show ---------------------------- ★★ Guys, I'm looking forward to know what you get from the video.★★ ------------------------------ ★★ City Walking Tours ★★ https://www.youtube.com/watch?v=73R0Ap6ZeZA If you enjoy my videos, please ★SUBSCRIBE★ my next walk, https://www.youtube.com/channel/UCip2HiAmspOVMeh0yxMcEaA Love and peace. ------------------------------ #Shanghai