Retail in Asia

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SM Prime opens biggest mall yet in China


Southeast Asian property giant SM Prime Holding has opened a massive new shopping mall in Tianjin, China — its seventh and biggest retail hub in this market and the biggest so far in its entire chain of malls.

With a gross floor area of 565,000 square meters or just about as large as three football fields, SM City Tianjin is the newest landmark at the Tianjin Airport Economic Area within the emerging Binhai New Area, the largest free trade zone in Northern China.

“The opening of SM City Tianjin reflects out strong confidence in China’s economy. This gives SM Prime a wider perspective on China’s shopping culture, allowing us to capture bigger opportunities as an international integrated property developer,” SM Prime president Jeffrey Lim said in a press statement.

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The new mall had a soft opening on 17 December. This newest architectural jewel is designed by ARQ, a world-renowned design agency. It has three structures positioned to look like a large blossoming flower from above, symbolizing growth and new opportunities, SM Prime said.

The mall is adjacent to the airport and is accessible through the cities of Beijing and Qinhuangdao via buses, expressways and high-speed railways.

SM City Tianjin offers diverse shopping, dining and leisure experience with more than 60 percent of space already leased out.