Opening Of Chongqing IFS

Date: 15 September 2017
Company: The Wharf (Holdings) Limited

The Wharf (Holdings) Limited (Wharf) announced the opening of Chongqing International Finance Square (IFS) on 15 September 2017, following the successful launch of Chengdu IFS and Wuxi IFS. It signifies the group’s commitment to China and continued expansion of its portfolio through the development of a series of IFS projects.

Prominently located in Jiangbei District, Chongqing’s new Central Business District (CBD), Chongqing IFS is a massive mixed-use complex in the district jointly developed by Wharf and China Overseas Land & Investment Limited (COLI). The development, with a total gross floor area of 660,000 square metres, is acclaimed as a resemblance of Harbour City in style with an iconic 300-metre landmark tower, a 114,000-square-metre retail mall and four towers atop, covering Grade A offices and the highest luxury sky hotel, Niccolo Chongqing.

Currently, over 90 per cent of the retail floor plates at the three-level mall are leased and under offer to key anchors and various major tenants. The coveted destination is the first in the city to assemble an ample and comprehensive collection of more than 170 retailers, including 80 renowned global brands, of which 20 are debuts in Chongqing.

In addition, Niccolo Chongqing—the second Niccolo hotel in China under Wharf Hotels and also the city’s highest sky hotel occupying the top 10 floors of the new 62-floor Chongqing IFS Tower 1—offers their guests unrivalled vistas of Chongqing’s spectacular landscape and merging mountains, skyline and dramatic confluence of the Yangtze and Jialing rivers.

An opening ceremony for Chongqing IFS was held and officiated by senior management of the Wharf Group and COLI, including Andrew Chow, Deputy Chairman of Wharf; Doreen Lee, Vice Chairman of Wharf; Kevin Chan, Director of Wharf; Christina Hau, General Manager (Operations) of Wharf China Estates Limited; Yan Jianguo, Chairman of COLI; Zhang Yi, Vice President of COLI; Guo Yong, Vice President of COLI; and Jiang Xiaozhou, General Manager of COLI (Chongqing).

At the opening ceremony, Doreen Lee, Vice Chairman of Wharf, said, “Chongqing IFS is the city’s new landmark of luxury shopping, dining, entertainment and lifestyle, bringing unprecedented shopping and entertainment experience to customers. It is poised to be an iconic retail destination offering an exceptional one-stop lifestyle experience in Chongqing and China West.”