The Mall, part of The Atrium, Chengdu

In May 2019, Metro acquired 25% equity stake in a prime commercial mall, which is part of a landmark mixed-use development, The Atrium, in Chengdu. The Mall is LEED® Gold certified and has a total gross floor area of 45,352 sqm with net leasable area of 26,078 sqm and 387 carpark lots.

The Mall is strategically located in the heart of Chengdu’s CBD and the Dacisi business corridor, close to the Chunxi and the Hong Xing Road pedestrian malls such as Taikoo Li Chengdu. It enjoys excellent connectivity to the public transport network with Chunxi Road Station to the west, Dongmendaqiao Station to the southeast and over 20 bus lines via Dongmendaqiao and Shamaojie stops.

The Mall marks Metro’s entry into the high growth city of Chengdu. We believe there is an opportunity to enhance asset value through active asset management strategies and repositioning strategies.