Knight Frank and CBRE jointly announced Tuesday (May 27) that Xinlifang will be sold through a buyer's bid (EOI), ending at 3 pm on July 22. This project is part of the Xinlijiayuan Comprehensive Residential Development Project, with a total of...
Knight Frank and CBRE jointly announced Tuesday (May 27) that Xinlifang will be sold through a buyer's bid (EOI), ending at 3 pm on July 22.
This project is part of the Xinlijiayuan Comprehensive Residential Development Project, with a total of 15 units, including units for catering, retail and nurseries.
Xinlijiayuan is a 99-year land deed project developed by Urban Development (CDL) and MCL Land. It will be launched in 2022, with a total of 407 units in the residential part.
This re-release is carried out after the first round of marketing activities in October 2024. At present, the mall has successfully rented nursery units, accounting for about 27% of the total leasable area.
Piccadilly Galleria, a catering and retail mall located on the first floor of Piccadilly Grand, a private housing project in Huala Park, has been re-launched with a guide price of 67.5 million yuan, equivalent to about 3,350 yuan per square foot of rentable area.
Knight Frank said that as the surrounding retail environment improves and interest rates fall, demand for the retail stratified market is recovering. CBRE pointed out that family offices, high net worth individuals and local companies have shown interest in the mall earlier.
