Shenyang is one of the top 5 luxury markets in China. STDM and L Catterton Real Estate jointly acquired an unfinished hotel and retail mixed-used complex adjacent to the Charter department store, one of the two dominant luxury shopping destinations in the city. The 80,000 m² GFA building was repositioned as a true international Class A office building, while the retail podium was gutted and refurbished to compliment the Charter department store offering. The building is now considered one of the best office buildings in Shenyang with prestigious office tenants such as Ping An Insurance. The retail offer is equally compelling with tenants like Louis Vuitton and an impressive line up of other leading brands, including one of the most complete kids offerings in the PRC.