Surplus Hui Mall and parking spaces to sell estimated one billion

Savills and Colliers International were invited by the owners to bid for the sale of the Laiwai Ying Hui Hui Shopping Center and 43 private car spaces and 10 pick-up and drop positions, closing on March 29 with a market capitalization of about $ 1 billion.

Ying Hui Hui Hui Park Terrace base mall, rental area of about 91,800 square feet. There are about 65 tenants in the mall, including supermarkets, education and beauty and catering. Pengli Asset Management acquired Yinghui Hui from Fortune REIT (00778) for 648 million yuan in 2015.