Retailing, Franchising, and Consumerism Business Intelligence in China

Carrefour Seeks Retail Outlets For First Beijing Shopping Center

Savills has signed an agreement with Carrefour to provide exclusive store recruitment services to Siyuan Plaza, Carrefour's first shopping center in China.

Located at Siyuan bridge, Chaoyang district, Siyuan Plaza is in the core area of Wangjing commercial region. With a total rental area of about 35,000 square meters, its retailing areas include one underground floor and three floors aboveground. It reportedly integrates about 80 lifestyle stores, one food court, 20 restaurants, an 11,600-square-meter Carrefour supermarket, and a nearly 5,000-square-meter Decathlon sports retail outlet. Meanwhile, it provides over 800 parking spaces for customers.

So far, the store recruitment of this project has been smooth and it already attracted various brands such as C&A, Uniqlo, La Chapelle, Starbucks, Burger King, Baskin Robbins, Papa Johns, and Xiabu Xiabu. By combining food, drinks, entertainment and shopping, Carrefour's Siyuan Plaza shopping center is expected to become a new lifestyle hotspot for local consumers.

Statistics provided by Savills to local media showed that in 2014, Beijing's retail sales of social consumer goods reached CNY910 billion, a year-on-year increase of 8.6%.

Image Credit: 06photo

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