Plaza 66 Pavilion Expansion Opening
Analysis based on 8 articles · First reported Aug 12, 2026 · Last updated Aug 12, 2026
The expansion is expected to strengthen Hang Lung Properties' luxury retail portfolio and drive increased footfall and rental income at Plaza 66. It signals continued confidence in the Chinese luxury market, potentially benefiting the involved luxury brands and the broader retail real estate sector in China — Shanghai.
Hang Lung Properties announced a major upgrade of Plaza 66 in China — Shanghai, adding and reconfiguring 6,749 square meters of commercial and community space. The centerpiece is the Pavilion Expansion (Phase 3), which will open in September 2026, adding approximately 4,300 square meters of retail space, a 645-square-meter Art Pavilion, a 1,080-square-meter Roof Garden, and an enlarged VIC Lounge. The expansion is 100% committed and will introduce 27 new brands, including first-in-market and concept stores from luxury names such as Balmain, Brunello Cucinelli, Hublot, and Huawei. The project aims to reinforce Plaza 66's position as a leading luxury retail destination in the Chinese Mainland and support China — Shanghai's development as an international consumption center.
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