Property News · December 11, 2018

China brands are the next draw for local shopping malls, says Chinese developer


Future Land Development Holdings, the eighth-largest mainland developer by sales, is upping its ante on indigenous brands to bolster its commercial property business with plans to double the number of shopping centres it operates in two years.
Chen Deli, co-president of the Hong Kong-listed developer, said the company would reserve more space for indigenous retail brands that can cater to mainland consumers’ surging demands for premium products.
“We want to do something concrete to…

Source : South China Morning Post
Read more…China brands are the next draw for local shopping malls, says Chinese developer

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