OUR PORTFOLIOCapitaMall Aidemengdun
CapitaMall Aidemengdun is located in Downtown Harbin and is positioned as a community mall to mainly serve the needs of residents from the neighbouring high-density residential communities and students and staff from nearby tertiary education institutions. It has an established population catchment of approximately 400,000 within a 3-km radius. As one of the earliest community malls in the area, it has a captive consumer base formed by the surrounding residents, with strong focus on young families with children, sports and education offerings. The mall is in close proximity to Second Ring Road, and enjoys direct frontage to Aidemengdun Road that connects the Harbin Taiping International Airport to Central Street in the city centre. CapitaMall Aidemengdun can be easily accessed via public transportation and is within 1.5 km from two metro stations on Line 1 of the Harbin Metro. The mall features a wide tenant base consisting of popular tenants such as BHG Supermarket, Qi Cai International Cineplex, KFC, Pizza Hut, Nike, Adidas, Watsons and VIP.com.
1 Represents a discount to independent valuation of RMB480 million and RMB470 million from Cushman & Wakefield and Jones Lang LaSalle respectively.
2 Data as at 31 March 2019
Address No. 38 Aidemengdun Road, Daoli District, Harbin
Description Four above ground levels of retail space and one basement level for retail and car park use Gross Rentable Area (GRA) (sqm) 43,394 Year of Acquisition 2019 Number of Leases 189 Major Tenants BHG Supermarket, Qi Cai, International Cineplex, KFC, Pizza Hut, Nike, Adidas, Watsons and VIP.com Land Use Right Expiry 2042Please scan the QR Code using your WeChat mobile application to access the mall’s official WeChat account
Lease Expiry & Trade Sector Analysis