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Mapletree's Viet mall evokes strong response
Pre-leasing deal signed for 52% of space a year ahead of mall's completion
Add BT as a preferred sourcePublished Thu, Jul 3, 2014 · 10:00 PM
[SINGAPORE] Mapletree Investments' first shopping mall in Vietnam has attained pre-leasing commitment for more than half its net lettable area (NLA), way ahead of its scheduled opening in the first half of next year.
SC VivoCity, located in District 7 of Ho Chi Minh City, was jointly developed by Mapletree and Saigon Co.op Investment Development Joint Stock Company (SCID), an affiliate of Vietnamese retailer Saigon Co.op, at a cost of US$100 million.
The joint venture company between Mapletree and SCID, called Vietsin Commercial Complex Development Joint Stock Company (VCCD), inked agreements with 13 retailers yesterday.
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