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Old August 22nd, 2010, 10:59 AM   #1001
clee02
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omg...IFC is great! One of the best looking places in Shanghai
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Old August 22nd, 2010, 04:17 PM   #1002
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Nice Picture!!!
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Old August 22nd, 2010, 05:14 PM   #1003
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nice pics
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Old August 22nd, 2010, 07:57 PM   #1004
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Old August 25th, 2010, 11:21 AM   #1005
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This is pretty unbeatable:



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Old August 25th, 2010, 01:35 PM   #1006
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I still havent had enough of Shanghai IFC too!! The tenant mix is really good!! Love it!
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Old August 25th, 2010, 01:40 PM   #1007
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too...much...bling....
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Old August 25th, 2010, 08:38 PM   #1008
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looks cool ,very nice pics
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Old August 25th, 2010, 08:41 PM   #1009
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I love it!! Looks very chic and elegant!
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Old August 26th, 2010, 04:55 AM   #1010
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too...much...bling....
And not enough customers. Hopefully all the construction will be finished soon and the towers fill with tenants.
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Old August 26th, 2010, 06:44 AM   #1011
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By 枫华
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Old August 26th, 2010, 07:23 AM   #1012
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Seems like there is no progress at all on the Mercure.
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Old August 26th, 2010, 10:22 AM   #1013
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wow that's some serious photoshoping going on with the river... if only it was really that blue...
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Old August 26th, 2010, 10:27 AM   #1014
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Old August 26th, 2010, 03:37 PM   #1015
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Surge in new properties fails to dent Shanghai retail rental market
25 August 2010
SCMP

Shanghai retail property rentals are seeing strong support despite increasing supply as businesses expand their footholds in response to robust consumption, industry sources say.

Retail property rents in the first six months climbed 7.5 per cent to 43.70 yuan (HK$49.90) per square metre per day, spurred by strong demand, according to international property consultant Colliers International. Rental rates in emerging areas remained firm, it said.

Retail-sector performance was strong, with total sales increasing 15.2 per cent year-on-year in May.

"Meanwhile, the staging of the World Expo is acting as a further catalyst for brands to expand or strengthen their footholds in the Shanghai area," said Colliers.

During the first half, several luxury brands strengthened their Shanghai presence after the repositioning of Hong Kong Plaza and Lippo Plaza on Huaihai Road Central.

Louis Vuitton and Zegna each leased about 2,500 square metres in Lippo Plaza. During the period, many similar brands also opened stores at Shanghai ifc in Lujiazui.

Apart from luxury brands, the retail area is also prized by many other international and local brands.

For example, Nina's Sichuan Restaurant has agreed to an eight-year lease extension, paying 82 per cent above its previous rent at Central Plaza, a 22-level office and retail tower.

Richard David, chief executive of Treasury China Trust, the landlord of the building, said the renewal with higher rents was prompted by the vast retail sales market.

"The retail market in China, particularly in Shanghai, is growing very quickly," David said.

He said there was an abundant new supply of retail space in Shanghai, but remained confident in the market. According to DTZ, total central city stock in the second quarter reached 1.9 million square metres, and the property consultant expected a further six projects to be completed in the next quarter.

However, DTZ said the World Expo would continue to attract tourists to the city, and retail sales were expected to remain strong,
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Old August 26th, 2010, 11:03 PM   #1016
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I still hate the fact that IFC mall remains almost empty, how come?
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Old August 27th, 2010, 06:07 AM   #1017
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I still hate the fact that IFC mall remains almost empty, how come?
Luijiazui isn't that big of a tourist destination for shoppers yet. Most go to Nanjing Road to get their fix. That, and the SuperBrand mall is right next-door, which is also rather popular.
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Old August 27th, 2010, 08:23 AM   #1018
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SuperBrand mall was like this 4 years ago, give it a bit more time.
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Old August 27th, 2010, 09:03 AM   #1019
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Quote:
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SuperBrand mall was like this 4 years ago, give it a bit more time.
super brand mall was a failure because the retail mix sucked, then it improved after they repositioned it. ifc mall will likely remain empty because that's what all high-end stores are like, just look at plaza 66, looks empty all the time but it rakes in a boat load of money. the only exception to this rule would be high end stores in places like paris or hong kong, where luxury brands are much cheaper than in mainland china and as such the stores there are crowded with chinese tourists getting a perceived bargain.
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Old August 27th, 2010, 10:23 AM   #1020
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Quote:
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super brand mall was a failure because the retail mix sucked, then it improved after they repositioned it. ifc mall will likely remain empty because that's what all high-end stores are like, just look at plaza 66, looks empty all the time but it rakes in a boat load of money. the only exception to this rule would be high end stores in places like paris or hong kong, where luxury brands are much cheaper than in mainland china and as such the stores there are crowded with chinese tourists getting a perceived bargain.
Well said,man.
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