Parkson Retail Unit Extends Nanchang Store Lease Through 2041

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Parkson Retail's (HKG:3368) Jiangxi Parkson renewed the lease for its Nanchang department store site in Jiangxi, China, on Wednesday, according to a same-day bourse filing.

The retail group said the agreement with landlord Jiangxi Kaimei Development will run through Dec. 31, 2041, effective when its existing lease expires on Dec. 31, 2026.

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