- Aligns with our strategy to acquire and gain long-term exposure to a scalable portfolio of leading designer outlet malls in China
- Targets the Chinese outlet mall sector which is a structural growth sector underpinned by a rising middle class, globalization of brands and demand for luxury goods
- This 736,000+ sq ft asset embodies a timeless Italian aesthetic with design and build quality at its core
- Strategically well-located with close metro access and surrounded by major roads linking to Pudong International Airport and Shanghai Disneyland
- Sustainability highlights include a green certification from BREEAM with an In-Use rating of ‘Good’, with the solar panels also replacing c.27% of the traditional energy usage to green sources
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Florentia Village
Key information
Sector
Retail & Mixed-use
2018
Acquired
Shanghai, China
Location
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*Please note that the assets shown are a select sample only and do not represent all of Nuveen Real Estate's assets. The case studies presented herein reflect an objective, non performance-based standard. It should not be assumed that any investment has been or will be profitable.
