Tapping on this opportunity, YCH Group launched a retail hub in Xiamen, China. The facility was converted from an existing warehouse in Xiamen, with YCH Group managing the project on behalf of XPD-YCH Logistics, a joint venture between YCH Group and Xiamen Port Development, a subsidiary of the Xiamen Port Group.
Spanning 55,000 square metres with a built-up space of 100,000 square metres, the four-storey retail hub is the first major mall in the region. Aimed at being a lifestyle-centric mall, it serves the needs of the population in the immediate vicinity and rapidly growing city of Xiamen.
Two of the most well-known brands in China, Sam’s Club and Red Star Macalline, form the mall’s anchor tenants, and occupy about 85 percent of the facility. The mall also houses popular eateries such as McDonald’s and Ajisen Ramen, among others.
|