Hang Lung Properties Secures Major Redevelopment Lease for Center 66 Expansion in Wuxi

Reuters12-09 21:49

<a href="https://laohu8.com/S/HLPPY">Hang Lung Properties</a> Secures Major Redevelopment Lease for Center 66 Expansion in Wuxi

Hang Lung Properties Ltd. has announced a partnership with Wuxi Liangxi City Development Group Co., Ltd. to secure a long-term operating lease for a landmark commercial redevelopment project in central Wuxi. The project will redevelop the former Wuxi New World Department Store, adding approximately 47,000 square meters of commercial space and expanding the total retail footprint of the Center 66 complex by 38% to around 169,000 square meters. This initiative, part of Hang Lung's V.3 strategic growth blueprint, aims to create an urban living destination with over 80 curated brands and seamless integration with the existing Center 66. The redevelopment is expected to strengthen Hang Lung's position in Eastern China's premium retail market and support ongoing urban renewal in Wuxi.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hang Lung Properties Ltd. published the original content used to generate this news brief on December 09, 2025, and is solely responsible for the information contained therein.

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