Live Breaking News & Updates on ராஃபிள்ஸ் நகரம் செங்கிடு
Stay updated with breaking news from ராஃபிள்ஸ் நகரம் செங்கிடு. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A healthy committed occupancy of 92% reflects the depth and diversity of China’s retail scene. More than half of the mall’s over 200 brands are either new to China, East China, Shanghai or CapitaLand’s portfolio. Strong shopper traffic of over 300,000 was registered on its opening day, marking an encouraging start to Raffles City The Bund’s retail operations. The integrated development is located along Huangpu River in Shanghai’s fast-developing North Bund, a commercial and cultural hub with direct access to metro Line 12. Designed by Pelli Clarke Pelli Architects with Benoy, the architecture comprises two 50-storey premium Grade A office towers linked at the base by a six-storey mall (four levels above ground and two basement levels). Lauded as Shanghai’s tallest twin towers with a height of 263 metres, Raffles City The Bund offers stunning 270-degree panoramic views of Shanghai Bund and Lujiazui central business district on both sides of Huangpu River. ....
Insurer Ping An to acquire stakes in six Raffles City properties from Singapore’s CapitaLand in deal worth up to US$5.1 billion Pearl Liu pearl.liu@scmp.com Raffles City Hangzhou is among the developments in which Ping An plans to acquire a stake. Photo: Handout Ping An Insurance (Group), China s largest insurer by market capitalisation, plans to acquire stakes in six Raffles City retail and office developments in China from Singapore s CapitaLand for up to 33 billion yuan (US$5.1 billion). Ping An Life Insurance Company of China, a unit of Ping An, said it will acquire the stakes in Raffles City Shanghai, Raffles City Beijing, Raffles City Ningbo, Raffles City Chengdu, Raffles City Changning (Shanghai) and Raffles City Hangzhou, according to a filing with Insurance Association of China late on Monday. It will buy 60 per cent to 70 per cent stakes in the six companies owning the six properties, which are worth a total of 46.7 billion yuan. ....
/ Posted on 11 June, 2021 0:01 The pandemic’s work-from-home movement has nudged consumers into the arms of work-friendly hospitality spaces, presenting an unexpected boon to players in the long-stay market. Now, daytime workcation packages have become a life buoy for Asia’s serviced residences, reports Pamela Chow. While recovery to pre-pandemic occupancy continues to elude the hospitality trade, serviced residences have received an unexpected blessing in disguise. Remote work and telecommuting are driving consumers in search of more conducive places to work that can double up as a vacation opportunity – a demand that has driven long-stay players towards more inventive, daily offerings. ....