YOHO MALL fully open 2500 per capita consumption
YOHO MALL, with a gross floor area of over 1.1 million square feet in Yuen Long, has nearly 97% occupancy rate since its summer holiday, with same-store revenue per sq ft rising 15% to 20% and spending per person up to 2,500 yuan .
Huang Peiling, deputy general manager of Xindi Acting Leasing Department, said that benefiting from the opening of a Tian Tian supermarket in October and the holiday effect of the Mid-Autumn Festival and the Golden Week, the turnover of YOHO MALL and same-store-per-sq ft rose 5% and 15% respectively in October from The most outstanding performance of the catering establishments, with an average turnover of more than 600 yuan per sq ft, reflected the pick-up in the retail market this year and the growing consumer desire.
The average daily flow of Christmas stalls over 230,000
Aside from attracting residents in the district, residents in Central and Western District such as Kennedy Town and West Rail along the routes such as Mei Foo and Nam Cheong will also spend their weekends at YOHO MALL. Wong Pui Ling said that this year YOHO MALL invested 10 million yuan for Christmas promotion activities. It is expected that the average daily flow of Christmas stalls is expected to exceed 230,000. The Group’s three shopping centers in Northwest New Territories including YOHO MALL, Metropolitan Shopping Mall and Tsuen Wan Shopping Mall opened in the fourth quarter of this year The amount is expected to record double-digit growth.
Currently YOHO MALL business portfolio, the largest proportion is still fashion, accounting for about 35%, fast fashion brands Zara and H & M are the main tenants. Wong Pui Ling said the Japanese brand Uniqlo will also join the mall next month, expected fashion merchants accounting for 35%, catering will be an increase of 4 to 59, accounting for about 25% of the overall tenant. In the future, shopping malls will introduce more specialty brands and foods in the form of limited stores, which will create 30 limited stores within a year.