KUALA LUMPUR, Sept 20 — Lifestyle hub The Exchange TRX, which sits at the nucleus of Kuala Lumpur’s new international financial district, will open its doors to visitors on November 29, 2023.

Visitors can expect a vibrant shopping, dining, leisure and entertainment destination, thanks to a current 95 per cent occupancy rate representing over 400 stores spread across 1.3 million square feet of nett lettable area.

Its project director and Lendlease Malaysia head of retail Mitch Wilson said the strong tenancy rate was a resounding vote of confidence given by leading international and local brands for the new retail concept that Lendlease was introducing to the market with The Exchange TRX.

He noted that the modern retail experience must consider its impact on its stakeholders.

"Being the social component of an international financial district (Tun Razak Exchange), we have created communal spaces within The Exchange TRX that will hopefully serve as a catalyst for an ideas-driven economy, culminating with TRX City Park, the largest rooftop public park to be opened in Kuala Lumpur in recent times,” he said in a statement today.

According to the statement, The Exchange TRX will redefine the luxury retail landscape by featuring leading retailers, including Gentle Monster, a cutting-edge eyewear brand from South Korea.

Spanning four levels and occupying some 250,000 square feet is Seibu, one of the anchor tenants at The Exchange TRX.

As one of Japan’s largest department stores, Seibu will be the first department store in Malaysia to carry over 400 luxury, international contemporary, and Japanese fashion brands, over 100 of which will enter the market for the first time.

The Exchange TRX is part of Tun Razak Exchange’s lifestyle quarter, a 6.9-hectare precinct which also includes residences, boutique offices, and a hotel.

The development is a 60:40 joint venture between Australia-based Lendlease and TRX City Sdn Bhd, the master developer of the international financial centre. — Bernama