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reported. Water from the shopping mall overflowed into the attached railway station. Mapletree
Greater China Commercial Trust Management, the manager of Mapletree Greater China Commercial Trust, which owns Festival Walk, said its staff were on site to render assistance. However, mall management were criticised for failing to alert the public through the mall's website and via relevant social media networks. Evacuation of the public was also done poorly, as at 10:00 pm the public was still on scene sending live images to social media networks.
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Festival Walk is positioned as a "comfortable" middle-market mall with the emphasis on service rather than price. The relatively spacious stores are mid-range to high-end and include brands such as Agnes B flagship store, Calvin Klein Jeans, Hollister, H&M, Juicy
Couture and Kate Spade New York.
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acquired
Festival Walk at a property value of HK$ 18.8 billion which was the largest global retail real estate deal in 2011 In 2013, Festival Walk was divested to Mapletree's fourth real estate investment trust, the Mapletree Greater China Commercial Trust, as one of its two seed assets in 2013. In
545:
At approximately 9:00 pm (0800 GMT) on 30 March 2014 hailstones the size of golf-balls shattered the ceiling windows of
Festival Walk during a heavy thunderstorm, causing rain to pour straight into the interior of the mall. Some sections of interior ceiling collapsed and ankle-deep flooding was
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into waste water and food residue which is then discharged harmlessly into the sewerage system. The developers also installed a water-cooled air-conditioning system in 2002 at a cost of HK$ 13 million. The developer claims the system's high energy efficiency has saved 5 million
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due to a rent increase that the director of
Broadway Circuit (operator of the AMC chain in Hong Kong) called "very astonishing". The AMC cineplex had been a tenant of Festival Walk for over 17 years. The cinema was replaced by an eight-screen Festival Grand Cinema in 2016.
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between 1993 and 1998. At the time of its opening in
November 1998, it was the biggest shopping mall in Hong Kong. Festival Walk is acquired by Mapletree North Asia Commercial Trust ("MNACT"). There are also four floors of offices on top of the mall.
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cuts longitudinally through the interior of the mall. A glass skylight over the atrium provides natural light to the interior of the building. There is a food court on the mall's topmost floor, with a view of the indoor skating rink.
566:. many of the glass barriers were shattered leaving broken glass scattered in the main areas of the mall, including the main entrance and bottom floors, most ground floor windows in the mall were also shattered or vandalised. The
511:. The partners secured the plot in a Government land auction in 1993 with a HK$ 2.9 billion bid, and developed it at an estimated cost of $ 2.2 billion. In January 2006, in Hong Kong's biggest property deal, Swire Properties paid
524:
2018, Mapletree
Greater China Commercial Trust renamed as Mapletree North Asia Commercial Trust upon completion of acquisition of the Japan portfolio. The mall is now managed by Mapletree North Asia Property Management Limited.
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Construction of the mall commenced in 1994 and was completed in 1998. Significant challenges were faced in the creation of the 21,000 m site due to its terraced land form as well as its narrow land shape. The tunnels for the
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and an ice rink. Located above the mall is an additional 220,000 square feet (20,000 m) of office space. Festival Walk's three level car park can accommodate up to 830 cars.
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Festival Walk is equipped with a waste management system for all food service outlets within the mall. An organic food digester was installed to accelerate the decomposition of
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Festival Walk was jointly owned by Swire
Properties and CITIC Pacific until 2006, when Swire Properties bought out the 50% stake held by its partner. In July 2011,
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The seven-storey shopping mall occupies three lower-ground levels, a ground level and three levels above ground. A six-level atrium, some 120 m long and 30 m wide
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6.18 billion to buy out its partner's half share. In July 2007, it was announced that Swire
Pacific was contemplating listing the property as a
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run through the full length of the site. During the construction of the building's four basement levels, 460,000 m³ of earth had to be removed.
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acquired the property for HK$ 18.8 billion (approximately US$ 2.4 billion), making it the world's largest retail real estate deal in 2011.
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Festival Walk comprises some one million square feet of retail space. It has approximately 220 shops and restaurants, a
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Like malls in many western countries, Festival Walk has information booths to assist shoppers.
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Exploring Hong Kong: A Visitor's Guide to Hong Kong Island, Kowloon, and the New
Territories
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In the evening on a Tuesday, 12 November 2019, Festival walk was stormed and vandalised by
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Tim LeeMaster & Yvonne Liu, "Swire considers Festival Walk reit", Page B1,
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928:"Heavy rain breaks roof, causes flooding in Festival Walk mall in Hong Kong"
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Change of Name of Mapletree Greater China Commercial Trust and the Manager
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Festival Walk has a variety of stores and restaurants on multiple levels.
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The development was a 50:50 joint venture between Swire Properties and
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St. Margaret's Co-educational English Secondary and Primary School
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681:"Kowloon Tong AMC cinema to move to Yuen Long as rent skyrockets"
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San Wui Commercial Society YMCA of Hong Kong Christian School
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896:"Hong Kong Weathers Hail as Year’s Worst Rainstorm Hits City"
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The Festival Walk Christmas tree set ablaze by protesters.
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and petrol bombs. The fire was dealt with using hoses.
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377:, Hong Kong developed jointly by Swire Properties and
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Tung Wah Group of Hospitals Chang Ming Thien College
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807:Swire to buy remaining stake in Festival Walk mall
1716:Golden Computer Centre and Golden Computer Arcade
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1336:The Church of Christ in China Ming Yin College
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644:, Swire Properties. Retrieved 23 July 2007
16:Shopping centre in Kowloon Tong, Hong Kong
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1157:Public housing estates in Cheung Sha Wan
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737:, Swire Pacific. Retrieved 23 July 2007
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410:. It also has a pedestrian link to the
354:Criss-crossing escalators in the atrium
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1668:Tsim Sha Tsui Centre and Empire Centre
1167:Public housing estates in Shek Kip Mei
1162:Public housing estates in Sham Shui Po
957:Official Festival Walk Glacier website
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150:Mapletree North Asia Commercial Trust
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748:Hong Kong Bargains Draw Mainlanders
728:Property – Hong Kong: Festival Walk
574:, was set on fire by rioters using
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441:In 2015, it was announced that the
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1980:Shopping malls established in 1998
1326:Tack Ching Girls' Secondary School
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2011:
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478:Design and environmental features
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845:"Redefining Retail Investment"
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42:Exterior view of Festival Walk
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1985:Shopping centres in Hong Kong
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462:Configuration and positioning
362:Glacier, the ice-skating rink
1281:Chan Shu Kui Memorial School
1258:City University of Hong Kong
1107:Lei Cheng Uk Han Tomb Museum
753:International Herald Tribune
668:City University of Hong Kong
615:Electoral Affairs Commission
550:2019-2020 Hong Kong protests
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517:real estate investment trust
412:City University of Hong Kong
394:, and is directly linked to
390:Festival Walk is located in
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1588:Ho King Commercial Building
1127:Ngong Shuen Chau Naval Base
794:Far Eastern Economic Review
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541:Water leaking into the mall
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2016:
1095:Lai Chi Kok Amusement Park
698:Bailey, Steven K. (2009).
685:Hong Kong Economic Journal
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166:No. of stores and services
90:22.3372000°N 114.1746917°E
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1132:North Kowloon Magistracy
916:South China Morning Post
832:South China Morning Post
670:. Retrieved 23 July 2007
1593:Ho King Shopping Centre
850:21 October 2012 at the
175:Total retail floor area
95:22.3372000; 114.1746917
1075:Caritas Medical Centre
733:17 August 2007 at the
640:24 August 2007 at the
608:"Sam Shui Po District"
588:Ice rinks in Hong Kong
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503:Financial transactions
454:Stores and restaurants
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119:; 25 years ago
998:Sham Shui Po District
774:7 August 2007 at the
704:. ThingsAsian Press.
662:7 August 2007 at the
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521:Mapletree Investments
436:Mapletree Investments
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200:Public transit access
117:13 November 1998
1924:Sun Yuen Long Centre
1696:Cheung Sha Wan Plaza
1551:China Hong Kong City
1291:Holy Trinity College
1101:Lai Chi Kok Hospital
1080:Cheung Sha Wan Plaza
408:Mass Transit Railway
396:Kowloon Tong station
204:Kowloon Tong station
1949:Tuen Mun Town Plaza
1939:Tseung Kwan O Plaza
1566:Grand Century Place
1172:Shek Kip Mei Estate
1059:Stonecutters Island
812:5 June 2011 at the
687:. 30 November 2015.
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1849:Luk Yeung Galleria
1726:Kowloon City Plaza
1623:Metro Harbour View
1556:Chungking Mansions
1523:World Trade Centre
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109:80 Tat Chee Avenue
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711:978-1-934159-16-3
576:Molotov cocktails
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265:Standard Mandarin
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1854:Ma On Shan Plaza
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1824:Kolour Tsuen Wan
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1731:The Laguna Mall
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184:No. of floors
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22:Festival Walk
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1894:Park Central
1710:
1603:K11 Art Mall
1571:Harbour City
1546:Allied Plaza
1513:Times Square
1453:The Landmark
1433:Chater House
1231:Shek Kip Mei
1226:Sham Shui Po
1205:Kowloon Tong
1147:So Uk Estate
1117:Mei Ho House
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1033:Shek Kip Mei
1028:Sham Shui Po
1017:Kowloon Tong
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618:. Retrieved
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392:Kowloon Tong
389:
375:Kowloon Tong
366:
365:
334:jau jat sing
320:yau yat sing
293:Romanization
272:Hanyu Pinyin
114:Opening date
60:Kowloon Tong
18:
1995:Swire Group
1889:Panda Place
1844:Lucky Plaza
1678:New Kowloon
1653:Sino Centre
1576:The Gateway
1443:Hysan Place
1267:Primary and
1211:Lai Chi Kok
1023:Lai Chi Kok
499:each year.
93: /
68:Coordinates
62:, Hong Kong
1974:Categories
1869:Metroplaza
1864:Metro City
1819:HomeSquare
1686:Amoy Plaza
1658:Star House
1643:Silvercord
1628:Mira Place
1508:Sino Plaza
1221:Nam Cheong
1137:Parc Oasis
594:References
564:protesters
492:food waste
443:AMC Cinema
299:yiuyatsang
278:Yòuyīchéng
195:830 spaces
124:1998-11-13
1959:Yoho Mall
1839:The LOHAS
1608:K11 Musea
1503:QRE Plaza
1498:The Pulse
1463:LHT Tower
1438:Cityplaza
1269:secondary
1244:Education
1183:Transport
1068:Landmarks
900:Bloomberg
620:30 August
572:Christmas
528:Incidents
447:Yuen Long
156:Architect
132:Developer
1919:SkyPlaza
1794:Citywalk
1784:Citygate
1561:Elements
1448:ifc mall
1251:Tertiary
1193:stations
1103:(CLOSED)
1097:(CLOSED)
848:Archived
810:Archived
772:Archived
731:Archived
660:Archived
638:Archived
582:See also
402:and the
386:Location
328:Jyutping
187:7 floors
52:Location
1934:The Wai
1874:MOSTown
1736:MegaBox
1663:The One
1598:iSQUARE
1538:Kowloon
1359:History
1216:Mei Foo
1052:Islands
427:of the
418:History
242:Chinese
210:Website
192:Parking
122: (
106:Address
1741:Mikiki
1701:Domain
1207:(part)
1019:(part)
884:Quartz
858:. 2012
708:
484:atrium
1721:KITEC
1038:So Uk
1005:Areas
611:(PDF)
369:is a
286:Hakka
146:Owner
1416:List
818:RTHK
706:ISBN
622:2019
513:HK$
219:.com
1691:apm
1191:MTR
497:kWh
429:MTR
373:in
248:又一城
221:.hk
215:www
169:220
1976::
1779:8½
932:ST
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58:,
1418:)
1407:e
1400:t
1393:v
990:e
983:t
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714:.
624:.
126:)
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