Lifestyle precinct at Tun Razak Exchange to open in 4Q2023

Mitch Wilson, work director for The Exchange TRX and also director of market for Lendlease Malaysia, states that the lifestyle precinct is imagined as a “city-defining assignment” within TRX. “As a global organisation, we will showcase our international placemaking knowledge along with our 43-year history in Malaysia to introduce our signature strategy to experimental market.”

Stores are going to include “new-to-market brand names, statement stores, and reimagined shop types”. Support lessees such as Golden Screen Cinemas, Japanese chain store Seibu, and Hong Kong’s Dairy Farm Company. There can even be 100 eating outlets.

The Exchange TRX, the lifestyle district of the Tun Razak Exchange (TRX) in Kuala Lumpur, is readied to open up in 4Q2023. According to property developer Landlease, The Exchange TRX will have at least 400 outlets throughout 4 retail degrees, by having 1.3 million sq ft of full net lettable location.

The Exchange TRX will have a 10-acre rooftop public-activated place. Called TRX City Park, it is created by Lendlease in joint venture with landscaping designers Oculus & Pentago. It definitely will feature children’s play areas, water attributes, as well as shaded enclaves. It will equally work as a place to host exhibits and occasions.

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Wilson puts in that tenancy levels at The Exchange TRC are “well ahead of market ratios”. “Our team believe the varied retail mix enhanced by dynamic leisure and also amusement activations will act as a key point of distinction and will push guests to stick around even longer and make continued tours.”

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