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How a renovation increased this mall’s worth by $15M

How a renovation increased this mall’s worth by $15M

Cofco Plaza, a mall known for being the backdrop to innovation in Beijing, is taking a leading role in showing how retail spaces can return to cultural and technological import. The mall’s large sprawling furniture store, previously home to a series of luxurious home furnishings, has morphed into a high-tech co-working space that has quadrupled the building’s owners monthly rental income and increased the property’s value by $15 million, according to the South China Morning […]


Source: realdeal

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