17 May 2019
The Weekly
China

Parkson Retail Group is preparing to occupy a complex above Nanjing Railway Station in Chinese Jiangxi. The group, a Hong Kong-listed firm controlled by Malaysian Parkson Holdings, won its $6.1mn bid for the tenancy of buildings above the Bayi Guan Station of the Nanchang Rail Transit Line 1 in the city. The 12-year tenancy will allow a 42,903m2 retail space for the firm, although no formal agreement on the tenancy has been signed as of yet.