Shopping Mall Business

Joanna 陈 演

What is a shopping mall? The planning, developing and operation control

by the professional teams under the same group. The landlord owns the whole properties, will not

sell part of the mall to other holders. The tenants mix depends on the request of the

customers and makes customers enjoy the one-stop shopping environment.

Plenty car parking Potential to build the new commercial area.

Shopping mall in China Around 2000 shopping malls until year

2009 in China Mainland Comparing with USA, only 510 shopping

malls until year 2002, then slow down.

Success for shopping mall Right Location Always Design as a landmark Suitable tenants mix for the market Sustainable operation

Hang Lung Properties Developer Retailer Residential—Office—Shopping mall—Mix

used complex

Success of Hang Lung properties High return of investment The quality of income is excellent The market is humongous in China Business model is very defendable The concept of strategy is simple Avoid competition, enter the market

earlier

Fashion Walk . Amoy Plaza . The Peak Galleria . One Grand Tower . Gala Place . Queensway Plaza . Kornhill Plaza

Last updated Jul 2009

BUSINESS STRATEGY PORTFOLIOHANG LUNG PROPERTIES

HONG KONG

JINAN

WUXI

SHANGHAI

SHENYANG

TIANJIN DALIAN

COMPANY BACKGROUND PORTFOLIOHANG LUNG PROPERTIES

Hang Lung Properties Limited (101.HK) is the property arm of Hang Lung Group Limited (010.HK).

Core Business:

Acquired two best sites at traditional commercial district in Puxi of Shanghai in 1992 and develop two landmark development complex - Plaza 66 & The Grand Gateway.

Structure:

Property development for Sale and Lease – Residential, Office and Commercial developments in prominent locations.

Early Mover to China:

1999

The Grand Gateway,

Shanghai

2001

Plaza 66,

Shanghai

2010

Palace 66,

Shenyang

2011

Parc 66,

Jinan

2014

Centre 66,

Wuxi

2013

Riverside 66,

Tianjin

2012

Forum 66,

Shenyang

2015

Olympia 66,

Dalian

and more to be announced ...

PORTFOLIO SHANGHAI PORTFOLIOHANG LUNG PROPERTIES

Nan Jing Xi Lu, Jin An DistrictThe Landmark of ShanghaiRetail & Office: 211,400 s.m.Positioning: DeluxeBrands Highlights -Fashion: Chanel, Dior, Hermes, Louis Vuitton, PradaWatch & Jewelry:Bvlgari, Cartier, Tiffany & Co.

Xujiahui, Xuhui DistrictHeavy Pedestrian FlowRetail, Office, Serviced Apt & Residential Towers: 309,522 s.m.Positioning: Mid to High-end Brands Highlights: Bally, Coach, Marc by Marc Jacobs, Max Mara, Rolex, Zegna

The Grand Gateway

PLAZA 66

PORTFOLIO CHINA PORTFOLIOHANG LUNG PROPERTIES

To expand in mainland China while continuing to invest in our home market of Hong Kong.

Palace 66, Shenyang (Pre-leasing activities are now underway)

Retail: 109,300 s.m.

Parc 66, Jinan (Pre-leasing activities are now underway)

Retail: 171,000 s.m.

Forum 66, Shenyang

Retail+ Office+ Hotel+ Serviced Apartments:

842,400 s.m.

Riverside 66, Tianjin

Retail: 152,800 s.m.

Olympia 66, Dalian

Retail: 221,900 s.m

Centre 66, Wuxi

Retail+ Office:

376,800 s.m.