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Construction+ HK Issue 7 and 8

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OPENING OF<br />

CHONGQING IFS<br />

Date: 15 September 2017<br />

Company: The Wharf (Holdings) Limited<br />

The Wharf (Holdings) Limited (Wharf) announced the opening of<br />

Chongqing International Finance Square (IFS) on 15 September 2017,<br />

following the successful launch of Chengdu IFS <strong>and</strong> Wuxi IFS. It signifies<br />

the group’s commitment to China <strong>and</strong> continued expansion of its<br />

portfolio through the development of a series of IFS projects.<br />

Prominently located in Jiangbei District, Chongqing’s new Central<br />

Business District (CBD), Chongqing IFS is a massive mixed-use complex<br />

in the district jointly developed by Wharf <strong>and</strong> China Overseas L<strong>and</strong> &<br />

Investment Limited (COLI). The development, with a total gross floor<br />

area of 660,000 square metres, is acclaimed as a resemblance<br />

of Harbour City in style with an iconic 300-metre l<strong>and</strong>mark tower, a<br />

114,000-square-metre retail mall <strong>and</strong> four towers atop, covering Grade<br />

A offices <strong>and</strong> the highest luxury sky hotel, Niccolo Chongqing.<br />

Currently, over 90 per cent of the retail floor plates at the three-level mall<br />

are leased <strong>and</strong> under offer to key anchors <strong>and</strong> various major tenants.<br />

The coveted destination is the first in the city to assemble an ample<br />

<strong>and</strong> comprehensive collection of more than 170 retailers, including 80<br />

renowned global br<strong>and</strong>s, of which 20 are debuts in Chongqing.<br />

In addition, Niccolo Chongqing—the second Niccolo hotel in China under<br />

Wharf Hotels <strong>and</strong> also the city’s highest sky hotel occupying the top 10<br />

floors of the new 62-floor Chongqing IFS Tower 1—offers their guests<br />

unrivalled vistas of Chongqing’s spectacular l<strong>and</strong>scape <strong>and</strong> merging<br />

mountains, skyline <strong>and</strong> dramatic confluence of the Yangtze <strong>and</strong> Jialing<br />

rivers.<br />

An opening ceremony for Chongqing IFS was held <strong>and</strong> officiated by<br />

senior management of the Wharf Group <strong>and</strong> COLI, including Andrew<br />

Chow, Deputy Chairman of Wharf; Doreen Lee, Vice Chairman of<br />

Wharf; Kevin Chan, Director of Wharf; Christina Hau, General Manager<br />

(Operations) of Wharf China Estates Limited; Yan Jianguo, Chairman of<br />

COLI; Zhang Yi, Vice President of COLI; Guo Yong, Vice President of<br />

COLI; <strong>and</strong> Jiang Xiaozhou, General Manager of COLI (Chongqing).<br />

At the opening ceremony, Doreen Lee, Vice Chairman of Wharf, said,<br />

“Chongqing IFS is the city’s new l<strong>and</strong>mark of luxury shopping, dining,<br />

entertainment <strong>and</strong> lifestyle, bringing unprecedented shopping <strong>and</strong><br />

entertainment experience to customers. It is poised to be an iconic<br />

retail destination offering an exceptional one-stop lifestyle experience in<br />

Chongqing <strong>and</strong> China West.”<br />

Officiating guests at Niccolo Chongqing Opening Ceremony<br />

From left to right: Guo Yong, General Manager, COLI; Giorgio Olivotti, General Manager, Niccolo Chongqing; Dr Jennifer Cronin, President, Wharf Hotels; <strong>and</strong> Zeng Xiao Yang,<br />

Financial Controller, COLI Real Estate Group Chongqing Branch<br />

25

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