Nan Fung Group’s New Development to Open in Q3

Nan Fung Group has announced the soft opening of Airside, its 1.9 million square foot, 47-storey mixed-use development in Hong Kong’s Kai Tak in Q3 2023.

In a separate announcement, Japanese lifestyle retailer Muji said its 12,000sq ft store within Airside is slated to open in September 2023. The 700,000sq ft mall offers an extensive mix of premium tenants, including home-grown brands, international cuisines, and experiential retail, with almost 80 per cent of the space already leased.

A 25,000sq ft City’Super store joins Muji among other retail anchors, in addition to around 40 F&B outlets and world-class entertainment, such as Hong Kong’s first large-scale indoor surfing centre. A new MCL Cinema spanning over 30,000sq ft and comprising seven cinema houses, can accommodate up to 900 movie-goers. The development will also feature a pet-friendly hub.

The leasing momentum is a testament to the market’s resurging confidence post-pandemic, according to Vanessa Cheung, group managing director of Nan Fung Group.

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