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Chengdu Xiehe International Eldercare and Retirement Home

Chengdu Xiehe International Eldercare and Retirement Home ("Chengdu Xiehe Home") is positioned as a leading premium private eldercare and retirement home with a comprehensive suite of facilities in Chengdu.

Located at Chengdu East High Speed Railway ("HSR") Integrated Development Plot D2 ("Chengdu Plot D2"), Chengdu Xiehe Home enjoys close proximity to various amenities, including retail and food and beverage offerings, hotels and apartments, and is well-supported by various supporting medical facilities, including the Chengdu ParkwayHealth Hospital, at the Perennial International Health and Medical Hub. Chengdu Xiehe Home is also easily accessible via various modes of transport and enjoys direct connectivity to the Chengdu East HSR Station.

Under the first phase, the modern senior housing facility will occupy three apartment blocks on Chengdu Plot D2 and is expected to have a bed capacity of about 3,000. The facility will comprise a Retirement Home (for occupants who are independent), a Nursing Home (for occupants who require round-the-clock professional continuing care) and a Rehabilitation Home (for occupants who require special care, such as medical treatment or rehabilitation).

The well-designed complexes will also house a rehabilitation hospital, ancillary medical facilities, supermarket and complementary retail trade and services to serve the lifestyle needs of the occupants and visitors. Chengdu Xiehe Home is expected to commence operations in 2017.

Business1 Information

Location Chengdu East HSR Integrated Development Plot D2, East of Qionglaishan Road, Chenghua District, Chengdu, Sichuan Province
Description Leading premium private eldercare and retirement home
Medical Specialties Retirement Home, Nursing Home, Rehabilitation Home
Effective Interest (%) 40
Joint Venture Partners Shanghai Summit Property Development Limited,
Shanghai RST Chinese Medicine Co., Ltd
(One of the largest pioneer and quality private eldercare home operators in Shanghai)
Leased Gross Floor Area (sq ft)2 Phase 1: 914,000
Commencement of Operations Target 2017
In-patient bed capacity2 Phase 1: 3,000
Notes:
  1. The information in the table is subject to change as the properties are undergoing development and the designs are being refined.
  2. Phase 1 comprising at least 914,000 sq ft in leased gross floor area is expected to comprise in-patient bed capacity which may be increased based on demand.

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