In the Mainland China, investment properties are led by the IFS series at the very heart of CBD or new CBD in select cities. IFS developments are positioned as trendsetting landmarks with unrivalled location, superior planning and design, retailer and shopper critical mass, as well as top-notch management. Bolstered by the IFS developments, the IP portfolio constitutes a recurring income base.
Changsha IFS, featuring an enormous 246,000-square-metre mall, boasts the city's most coveted location at the intersection of Huangxing Road (one of the busiest pedestrian streets) and Jiefang Road (financial street) with an underground linkage to Wuyi Plaza Station (the interchange station for Metro Lines 1 and 2). As a one-stop destination from entertainment to lifestyle, retail, culture and dining, the retail-led Changsha IFS has promptly emerged as the new landmark in central China. Changsha IFS is injecting new impetus in the Central China region as it emerges as the community hub for the city, bringing a vast array of exhibitions, cultural activities, festivals, and art collaborations with famous artists such as KAWS, Steven Harrington and Tom Claassen. “The Magical Maze” by German architect Ben Busche became a new interactive check point for Changsha media and locals.
The nine-storey retail podium is home to over 370 brands strategically arrayed in well-defined zones covering high-end luxury, affordable luxury, high street, internationalised Chinese designers’ labels, fast fashion, sportswear, kids, entertainment and F&B, forming critical mass of diversified trades.
The exceptional trade mix across every category comprises over 70 debuts for Hunan Province, over 30 split-gender duplex flagships of renowned fashion brands and over 100 brands which staged their first-ever collaboration with Wharf in Mainland China.
Office and Hotel
Two top-notch office cum hotel towers include the 452-metre Tower 1, the tallest building in Hunan province. The towers offer a prestigious office address and draw favourable demands from financial institutions and major corporations. Tower 2 is due to open in 2021.
Niccolo Changsha, the new luxury sky hotel inaugurated in late 2018, features 243 contemporary chic rooms and spectacular suites. Crowning the top floors of Tower 1, this tallest hotel in central China strives to set a new benchmark by providing impeccable hospitality and exceptional services for global and domestic travellers.
Chengdu IFS, modelled on Harbour City in Hong Kong, is strategically located at the intersection of three major commercial roads - Hongxing Road, Dacisi Road and Beishamao Street, the busiest pedestrian shopping area of the city. The prime location, comparable to a combination of Hong Kong's Central CBD, Causeway Bay and Tsim Sha Tsui, alongside the directly connected mass transit railway station (lines 2 and 3 intersect), puts Chengdu IFS in an unrivalled position to attract mainstream customers in the western China metropolis. Chengdu IFS comprises a 204,000-square-metre mega shopping mall, 287,000-square-metre premium-grade A office towers, 70,000-square-metre serviced apartments, and a 230-room luxury hotel, Niccolo Chengdu.
Chengdu IFS has rapidly become a landmark destination in western China soon after its opening in 2014. Presenting an impressive selection of over 600 top-tier international brands (over 100 debuts in China), the mega mall affirms its dominant position with its unique advantageous elements. The 15-metre-tall outdoor giant panda art installation and the 7,700-square-metre Sculpture Garden remain popular photographic hotspots, while the entertainment offerings including a UA (IMAX) movie theatre and an ice skating rink create a euphoric atmosphere for shoppers.
Powerful marketing campaigns play a pivotal role in securing shoppers flow. An unprecedented "sister streets' partnership" was announced between Chengdu IFS and Le Comité Saint Germain des Prés of Paris, which helps foster Sino-French exchange and co-operation in art, culture, business and tourism.
The three premium Grade A office towers mark the ultimate 21st Century workplace and the most compelling location for multinationals, financial institutions and major corporations in western China. Raising the benchmark for future offices, they create an optimal marketplace for tenants to conduct seamless business interaction.
IFS Residences, a serviced apartment encompassing 175 luxurious residences, opened at Chengdu IFS in November 2016. It is currently accommodating elite residents who are local and overseas entrepreneurs or expatriates of multinational organisations. IFS Residences is recognised as one of the most aspirational reviewed residences in Chengdu.
Chongqing IFS, the 50%-owned development, is located in Jiangbei District, Chongqing's new CBD where the Yangtze River meets the Jialing River. It enjoys a fabulous panoramic river view and convenient connectivity through three nearby bridges. With light railway lines 6 and 9 set to pass that area with respective stations nearby, the development is adjacent to the Chongqing City Grand Theatre, the Chongqing Science Museum and the Central Park. The iconic 300-metre landmark, together with four other towers, featuring "City-within-a-City" concept that comprises Grade A offices and Niccolo Chongqing atop the 109,000-square-metre world class retail podium, becomes the most massive integrated complex in the district. This impressive development is creating a one-of-a-kind cluster that sets the quality standard for the entire area.
The premier mall is the city's new landmark offering an exceptional one-stop lifestyle experience in Chongqing and China West. Having the largest cluster of first tier brands in Chongqing under one roof, Chongqing IFS is the preferred address for the global premium retailers. The tenant mix speaks for itself, with over 170 brands of which nearly 30 brands are exclusive or debuts in the city. An impressive lineup of delectable dining options was unveiled to spice up diners' palates. Alongside the delightful entertainment offerings including a real-ice skating rink and a luxury cinema, the diverse tenant mix reinforces Chongqing IFS's position as an iconic shopping, dining, entertainment and lifestyle destination, bringing unprecedented experiences to customers.
The Grade-A office towers, adjacent to a cluster of financial institutions, offers a coveted office address for multinationals, Global 500 and state enterprises in the area and provide a quality work environment for high-flying executives to excel.
Niccolo Chongqing, Chongqing's highest sky hotel with spectacular views of the city, was opened alongside the mall in September 2017.
Wuxi IFS is a 339-metre landmark tower with world-class Grade A offices. As the tallest skyscraper in Wuxi CBD, the development is overlooking Taihu Plaza which boasts the large adjacent landscaped square, a public library, the public museum and the historic Grand Canal.
Shanghai Wheelock Square
Shanghai Wheelock Square, an iconic skyscraper in Puxi at 270 metres, is a compelling office address for multinationals and major corporations. Its unrivalled location right opposite to Jing’an Temple Metro Station from where frequent trains commute to Pudong International Airport and adjacent to the Yan’an elevated expressway provides excellent accessibility. It integrates environmentally-friendly aspects with state-of-the-art amenities to create sophisticated modern architecture.
In recognition of its provision of world-class service and management to tenants, Shanghai Wheelock Square was honoured with many accolades.
Times Square Series
Shanghai Times Square, strategically located on Huaihai Zhong Road, is a prominent retail destination and an ideal office choice for multinational enterprises. The development also boasts a 30-storey Grade A office tower and a 26-storey deluxe serviced apartment tower.
Besides Shanghai Times Square, the Group also has Times Square projects in Chongqing, Dalian and Wuhan.
Times Outlets Series
Outlet malls are among the fastest growing sectors of commercial properties in China. The Group has developed two world-class outlet malls in Chengdu and Changsha to tap into the huge potential of burgeoning domestic consumption by the rapidly-rising middle class.
Times Outlets Chengdu, conveniently located in close proximity to the Chengdu Shuangliu International Airport, ranks among the most-visited outlet destinations nationwide since opening in late 2009. This 63,000-square-metre mall housing over 260 international brands at attractive prices sets an excellent model for the sister mall in Changsha.
Times Outlets Changsha, mirroring the success of Times Outlets Chengdu, opened in November 2016. Located at the northwest area of Changsha, this 72,000-square-metre outlet mall which offers over 230 brands, enjoys direct access to multiple major motorways (including metro and high-speed expressway) connecting Changsha to various popular tourist attractions nationwide including Zhangjiajie and Dongting Lake. It has positioned itself as a one-stop integrated shopping and leisure landmark in the region.
The Group's IP Portfolio
|Project Name||Retail||Office||Serviced Apartment||Hotel||Total GFA1 (s.m.)||Year of Completion|
|Mixed-use IFS Complexes (Critical Mass)|
|Shanghai Times Square||90,000||1999|
|Shanghai Wheelock Square||111,000||2010|
|Chongqing Times Square2||55,000||2004|
|Dalian Times Square2||17,000||2008|
|Wuhan Times Square 2||38,000||2008|
|Times Outlets Changsha||72,000||2016|
|Times Outlets Chengdu||63,000||2009|
1Total development area, excluding basement area and carpark
2Gross area and net of recognised sales