Hang Lung opens Westlake 66 in Hangzhou with over 90pc retail leasing rate

Hang Lung Properties (0101) opened Westlake 66, the newest mixed-use destination in Hangzhou on Tuesday, achieving a retail leasing rate of over 90 percent. 

As the company's 11th project in the mainland, this 390,200-square-meter development comprises a shopping mall, five Grade-A office towers, and Zhejiang Province's first Mandarin Oriental hotel. 

According to the developer, the complex offers a diverse retail mix, including several luxury brands, fashion & accessories, food & beverage, lifestyle & entertainment, and more

The developer noted that the project has already achieved a retail leasing rate of over 90 percent, about a third of which are first-to-market concepts. More stores are scheduled to open in phases, with the opening rate set to build steadily throughout 2026. 

 

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