Beijing Hualian is said to near sale of luxury SKP malls to Boyu
From Beijing to Wuhan, SKP malls have become luxury powerhouses — now they get a new owner.
Customers visit SKP Chengdu — a park-like luxury shopping complex — on its opening day, December 20, 2022. Beijing Hualian is reportedly in talks to sell SKP’s mall operations to Boyu Capital, with a valuation that could reach $5 billion. Image: Nick Kuratnik, Wan She Tang, SYBARITE.
Customers visit SKP Chengdu — a park-like luxury shopping complex — on its opening day, December 20, 2022. Beijing Hualian is reportedly in talks to sell SKP’s mall operations to Boyu Capital, with a valuation that could reach $5 billion. Image: Nick Kuratnik, Wan She Tang, SYBARITE.