Hefei Mengchenglu Mall北京华联合肥蒙城路购物中心

One of Hefei City's Most Popular Shopping Centres


As At 31 December 2018

RMB605.0 million

Independent Valuation


23,365 sqm

Net Lettable Area


117

No. of Leases


96.2%^

Occupancy Rate


4.7 years

Weighted Average Lease Expiry (Based on Net Lettable Area)


S$9.5 million

FY 2018 Gross Revenue


S$5.8 million

FY 2018 Net Property Income


Tenants Includes:
BHG Hypermarket, BHG Hefei Cinema, Hai Di Lao, Pizza Hut, Starbucks, Popofish 魔石泡泡, ZanKee 詹記, Biowoosoo 百武西, Gymboree, Balabala, Topsport 滔搏运动城, La Chapelle Sport, 7 Modifier, Vero Moda, Only, La Babite, Candie's

^Net lettable area ("NLA") of ongoing asset enhancement initiative ("AEI") at Hefei Mengchenglu Mall excluded from the computation of occupancy rate and total NLA. AEI expected to be completed around mid-2019.

Hefei Mengchenglu Mall is located in Hefei City, the provincial capital and largest city of Anhui Province in China. With a GDP growth of 73.2% between 2012 and 2017, Hefei City is one of China's fastest growing cities. The mall is also one of Hefei City's first multi-tenanted retail mall, with six levels of diversified retail services to meet the lifestyle needs of the growing middle income population.

Hefei Mengchenglu Mall is located in Hefei's North First Ring retail hub, which comprises several mature residents of communities, high quality office projects and commercial facilities. The mall is frequented by families and professionals for retail goods and services such as fashion, dining and entertainment.

Hefei Mengchenglu Mall is easily accessed via several main roads and is only a 5 minute walk from two bus stations - the North Station of Baishuiba and the West Station of Baishuiba. The mall is located near government organisations such as the Luyang District Government, Luyang Administrative Service Center, and Hefei Justice Bureau. Several commercial buildings such as Fortune Plaza, Xintiandi, Hongda Building, and Zhidi HSBC Plaza are also located in the vicinity.

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