100-plus merchants for MTRC's Lohas mall

Business | 11 Apr 2019 4:42 pm

The MTR Corporation (0066) officially named the new mega mall in Lohas Park covering over 480,000 square feet "The Lohas,'' which is expected to bring over 100 merchants. It will tentatively open from the second half of next year.

The mall spans three retail floors with direct access to the residential towers in Lohas park.

David Tang Chi-fai, property director of MTRC, expects the effective use ratio to reach 60 percent overall, adding that large facilities such as the Hong Kong's largest international indoor ice rink, and the cinema have already been leased.

He expects all lettings to be completed by early 2020 and that all merchants will open stores by the end of 2020 to serve 68,000 residents of 25,500 units of Lohas Park.

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