Retail in Asia

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HK’s Zeman beats off rivals to win Guangzhou mall deal

Allan Zeman – dubbed "Mr Lan Kwai Fong" after the Hong Kong nightlife area that he had a substantial role in developing – plans to transform the retail landscape in Guangzhou after beating off eight rivals to secure the management and leasing contract for the city’s newest underground shopping mall.

Zeman’s Lan Kwai Fong Holdings won the contract to manage the 1.6 million-sq.-ft mall in Guangzhou’s new business and cultural district, Pearl River New City.

Given the easy access to the mall, which is directly linked to the underground rail network, Zeman said he believed it would become a landmark destination.

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(Source: scmp.com)