- Hongkong Land’s first wholly owned commercial property development in Chengdutargets a growing consumer base in the economic hub
- A retail pre-leasing rate of nearly 90% reflects strong demand for retail spaces with world-class design, ecological and commercial elements.
CHENGDU and HONG KONG SAR – Media OutReach Newswire – 25 June 2024 – Hongkong Land announced the grand opening of “The Ring, Chengdu” on 22nd June 2024, marking its first wholly-owned commercial property in the city and the second “The Ring” series development after “The Ring, Chongqing” opened in 2021. The launch ceremony, attended by VIPs, signified the company’s ambitious expansion within the Chengdu-Chongqing Economic Circle, a region boasting over eight trillion yuan GDP[1]. The new property has achieved a retail pre-leasing rate of nearly 90%, reflecting the strong consumer demand for innovative retail experiences.
