CapitaLand's Raffles City Chongqing achieves 95% retail leasing rate ahead of September launch

Adidas Sportswear Collective, Haidilao hotpot and Charles & Keith will open its stores in the mall.

CapitaLand has achieved 95% leasing rate for the retail component of its Raffles City Chongqing project, ahead of the development’s opening in September, an announcement revealed.

Also read: CapitaLand's $4.9 bn Chongqing Skybridge to open in 2019

The 235,000 sqm mall will house more than 400 brands, comprising a mix of local specialty brands and international brands. About 40% of the brands at the mall will be new-to-market brands, flagships or new concepts.

These include international fashion retailers Adidas Sportswear Collective, C&A, GAP, Old Navy and UGG. F&B brands making their foray in the city include homegrown Haidilao hotpot, TWG Tea from Singapore and Spacelab, an “internet celebrity” restaurant that uses spiral slides to serve food to its customers. Experiential retail and lifestyle brands opening at the mall include online-to-offline retail store Jiwu by Suning, e-sports operator CLSA and Whyte Woolf Fitness Club.

Calvin Klein, Charles & Keith, Evisu, G-STAR, Salvatore Ferragamo, Urban Revivo, and Under Armour will also open its stores in Raffles City.

Korean movie theatre chain CGV will also operate its national flagship there whilst Chinese electric vehicle company NIO will open its largest NIO House in Chongqing to serve as a showroom and exclusive clubhouse for NIO car owners.

Valued at $4.9b (RMB24b), Raffles City Chongqing also features 150,000 sqm of Grade A office space, around 1,400 residential apartments, Ascott Raffles City Chongqing serviced residence and InterContinental Raffles City Chongqing hotel housed across eight skyscrapers.

Photo credit: Safdie Architects/CapitaLand (China) Investment