Friday, March 16, 2012

TCT's The HQ secures tenants for retail mall

Business Times: Wed, Mar 14
TREASURY China Trust's (TCT) landmark development, The HQ, has achieved 27 per cent pre- commitment of its expanded retail mall, its trustee- manager, Treasury Holdings Real Estate, said yesterday.

Hongqiao Century Cinema, the existing cinema operator of eight years, accounted for one of the three additional leasing transactions recently secured by the Singapore- based business trust, which focuses on commercial real estate in China.

TCT said Hongqiao's lease terms reflect a 175 per cent increase in rent...

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