City mall fills retail spaces

Monday, Jul 07, 2014 08:00

Photo baodautu

HCM CITY (Biz Hub) — SCVivoCity, a shopping mall that will open in the first half of next year in HCM City's District 7, has already managed to lease out half its 41,000sq.m. net lettable area.

Vietsin Commercial Complex Development JSC (VCCD), set up by the Saigon Co.op Investment JSC and the Singaporean real estate developer Mapletree to build SCVivoCity, on Thursday signed MoUs with 13 retailers for almost 21,300sq.m.

Saigon Co.op and Singapore supermarket NTUC FairPrice will open a hypermarket called Co.opXtra at the mall.

The Bank for Investment and Development of Vietnam has signed a contract to lend US$40 million for the development of the mall. — VNS

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