* Information contained in this news release is current as of its date of announcement. Be aware that information contained herein is subject to change without notice.

- Central Taiwan’s Largest Outlet Mall -
Grand Opening of MITSUI OUTLET PARK TAICHUNG PORT
on December 12, 2018
A total of approximately 170 stores, including 19 stores opening for the first time in Taiwan, with early opening of certain stores in late November

October 1, 2018
Mitsui Fudosan Co., Ltd.

Key Points of the Project

Taiwan’s second Mitsui Outlet Park operated by the Mitsui Fudosan Group (first facility in Taichung)
Largest number of stores in central Taiwan (approximately 170 stores)
An open commercial space utilizing the waterfront environment

Tokyo, Japan, October 1, 2018 ? Mitsui Fudosan Co., Ltd., a leading global real estate company headquartered in Tokyo, announced today through project company SAN ZHONG GANG OUTLET CO., LTD.* that it plans to conduct the grand opening of MITSUI OUTLET PARK TAICHUNG PORT, central Taiwan’s largest outlet mall, on December 12, 2018, with certain stores scheduled to open for business in late November 2018.

The facility is situated in Taichung, Taiwan’s second largest city, and will be the first full-scale retail facility in Taiwan to be developed in a port area. It is located adjacent to the Taichung Port ferry terminal, 9 kilometers from Taichung Airport, with good access to the highway interchange and main arterial roads, as well as the high-speed rail line. The Taichung Port area is a lively area that attracts many tourists due to attractions including the Gaowei Wetlands renowned for their beautiful sunsets, and the Wuci Fishery Harbor, which is famous for its tourist fish market. Development plans for the area raise expectations of further developments, including the planned construction of an adjacent yacht club and a shuttle bus route around tourist sites in the port area.

MITSUI OUTLET PARK LINKOU, which opened in 2016, has continued to perform favorably with sustained growth in sales. Accordingly, there are extremely strong expectations for Mitsui Outlet Park in the local market.

Main Features of MITSUI OUTLET PARK TAICHUNG PORT

(1) Store composition

A full-scale outlet mall hosting a mix of international, Japanese, and Taiwanese brands
A dining zone and food court with a broad selection of popular Japan-based restaurants
Extensive, high-quality entertainment facilities, including a Ferris wheel offering panoramic views of the Taichung Port area

(2) Building design and design features

A hybrid mall combining an open-air mall based on the motif of shipping containers at a seaport and a two-floor enclosed mall
The dining zone is furnished with deck chairs and loungers with ocean views
An outlet mall with an open and spacious layout replete with features unique to seaports, making the most of its waterfront location based on the concept of “ENJOY THE VOYAGE OF STYLE”
Installed onsite are large-scale solar photovoltaic panels with a power generation capacity of approximately 4.5 MW

(3) Services and other amenities

Facilities providing peace of mind to visitors with small children
Services for tourists
Support for a wide range of payment methods
Tie-up services with the Mitsui Fudosan Group

Bird’s eye perspective drawing of the facility

Perspective drawing of the waterfront deck

(1) Store composition

1. A full-scale outlet mall hosting a mix of international, Japanese and Taiwanese brands

Approximately 170 stores, including 19 stores opening in an outlet mall for the first time in Taiwan
International brands including TUMI, folli follie, LACOSTE, LEVI’S, NIKE, adidas, PUMA, UNDER ARMOUR, The North Face and Timberland
Japanese multi-brand fashion stores and fashion, jewelry and accessory brands such as URBAN RESEARCH OUTLET, Samantha Thavasa, and festaria TOKYO
Taiwanese luxury brand SHIATZY CHEN and Taiwanese popular fashion brands such as STAGE, STAYREAL and a la sha

2. A dining zone and food court with a broad selection of popular Japan-based restaurants and others

Dining zone (1st floor of the open-air mall and 2nd floor of the enclosed mall)

Restaurants opening for the first time in Taiwan, including Whittard, Ivorish, KINTAN BUFFET (Japanese barbeque), BULLS, and Kamakura Momiji Chaya
Japan-based cafes and restaurants that are highly popular in Taiwan, such as J.S. FOODIES TOKYO, Sarutahiko Coffee, Kagura Shokudo Kushiya Monogatari

Food court with 15 restaurants and seating for around 1,000 guests

Restaurants opening for the first time in Taiwan, such as Ginza Kagari, Tokachi Butadon Ippin, Washoku Yoshoku Ginza Miyashita, Himi seafoods bowl IKIZUSHI and Lil’ Donuts & Crepe
Japan-based restaurants that are highly popular in Taiwan, such as Kaneko-Hannosuke, TORISANWA, and Miyatakesanuki Udon

3. Extensive, high-quality entertainment facilities

A Ferris wheel that will serve as an area landmark, offering panoramic views of the surrounding Taichung Port area
Snow Town, a theme park that allows visitors to enjoy snow at a “feels like” temperature of 24°C, opening for the first time in Taiwan
ASOBI SQUARE, an indoor amusement park developed by CQ Amenic Co., Ltd., a Japanese amusement solutions company

(2) Building design and design features

The concept of the outlet mall is “ENJOY THE VOYAGE OF STYLE”
An open and spacious retail space where visitors can enjoy an exciting, fun shopping experience while appreciating a seaside ambience
A hybrid mall bringing together an open-air mall lined with colorful buildings based on the motif of shipping containers at a seaport, and a two-floor enclosed mall
The dining zone is furnished with an ocean view deck
The facility plan includes a wide variety of trees, along with special furnishings that evoke a seaport atmosphere
Pop jet fountains and eateries housed in specially designed shipping containers are concentrated in the plaza where the Ferris wheel and entertainment facilities are located
Installed in parking lots and on building roofs are large-scale solar photovoltaic panels with a power generation capacity of approximately 4.5 MW for environmental reasons.

Perspective drawing of the mall interior

Perspective drawing of an outdoor street

(3) Services and other amenities

1. Facilities providing peace of mind to visitors with small children

A kids’ area has been set up within the food court
In addition to nursing rooms and diaper changing stations, kids’ bathrooms and coin-operated strollers are also available

2. Services for tourists

Free Wi-Fi coverage for the entire facility
Lockers capable of fitting large suitcases
Duty-free shopping counter for overseas tourists
Dedicated parking lot for sightseeing buses

3. Support for a wide range of payment methods

Electronic money (EasyCard and iPASS) and QR code payment (LINE Pay, etc.) are accepted. Support for payment via AliPay and WeChat caters to the needs of tourists

4. Tie-up services with the Mitsui Fudosan Group

The MITSUI OUTLET PARK Connection Credit Card will be issued. Members will be eligible for various benefits also available at Mitsui Outlet Park Linkou and Mitsui Outlet Park facilities in Japan
Pamphlets for Mitsui Fudosan Group commercial facilities, resort facility, and hotels have been placed around the building

The Mitsui Fudosan Group’s Business in Taiwan

In 2016, the Mitsui Fudosan Group established Mitsui Fudosan Taiwan Co., Ltd., a subsidiary in Taiwan, as an investment base. The Group is developing seven properties in Taiwan, including retail properties, hotels, and housing. Going forward, the Group plans to expand the business into logistics facilities and mixed-use developments.

Main Purposes	Current area	Property name	Opening / Completion of construction
Retail property	Linkou District, New Taipei City	MITSUI OUTLET PARK LINKOU	January 2016
	Taichung	MITSUI OUTLET PARK TAICHUNG PORT	December 2018 (planned)
	Nangang District, Taipei	MITSUI SHOPPING PARK LALAPORT NANGANG (tentative name)	2021 (planned)
Hotel	Da’an District, Taipei	Zhongxiao Xinsheng Hotel (tentative name)	2020 (planned)
	Zhongzheng District, Taipei	Zhongshan Zhongxiao Hotel (tentative name)	2022 (planned)
	Songshan District, Taipei	Dunhua North Road Hotel (tentative name)	2024 (planned)
Housing	Sanchong District, New Taipei City	Sanchong Zhongxing Bridge Project (tentative name)	2021 (planned)

Mitsui Fudosan’s Overseas Strategy

One of the aspirations of VISION 2025, the Mitsui Fudosan Group Long-Term Vision, is to “evolve into a global company.” Accordingly, the Group will continue to seek robust growth in the overseas business. Mitsui Fudosan has been conducting business in countries and regions in Asia, in addition to the U.S. and the U.K. In the retail property business, the Group has been promoting projects in the fast-growing Asian region, such as outlet malls in Kuala Lumpur and Taiwan, and the LaLaport business in Shanghai, Kuala Lumpur, and Taiwan. In addition, the Group has been pushing ahead with the housing business in Singapore, Thailand, Malaysia, Indonesia, the Philippines China and Taiwan. In these and other ways, the Group has been actively pursuing business in Asia with the view of capturing growing consumer spending and expanding profits at the earliest opportunity in conjunction with contributing to local communities.

* About SAN ZHONG GANG OUTLET CO., LTD.
SAN ZHONG GANG OUTLET CO., LTD. is a wholly owned project company established by Mitsui Fudosan Taiwan Co., Ltd. to advance this project.

Property Overview

Location	Section 10, Taiwan Boulevard, Wuqi District, Taichung City, Taiwan
Access	Approximately 22 kilometers from the center of the city using Taiwan Boulevard, the main arterial road (approximately 45 minutes by car) Approximately 8 kilometers from Shalu Interchange of National Highway No. 3, the main arterial road running north to south through Taiwan
Project developer / Operations management	SAN ZHONG GANG OUTLET CO., LTD.
Business format	Factory outlet mall
Site area	Approx. 1,937,500 ft² (Approx. 180,000 m²)
Total floor area	Approx. 645,800 ft² (Approx. 60,000 m²)
Store floor area	Approx. 377,000 ft² (Approx. 35,000 m²)
Structure and scale	Reinforced concrete structure 1 floor above ground (2 floors in part)
Environmental design	MIX STUDIO WORKS
Landscape design	EARTHSCAPE INC.
Architect	TMA Architects & Associates
Construction	Reiju Construction Co., Ltd.
Number of stores	Approx. 170
Opening	December 12, 2018

Location map

Wide area

Mid-range map

Detailed map

Main brands opening stores

International brands

Japanese brands

Taiwanese brands

Cafes, restaurants and food court

Large-scale stores

Mitsui Fudosan’s Outlet Malls (as of October 1, 2018)

Mitsui Fudosan’s retail properties overseas (as of October 1, 2018)

Country/Region	Property	Opening year	Number of stores(approx.)	Store floor space (approx.)
China	Shanjing Outlet Plaza-Ningbo	(phase 1)2011 (phase 2)2015	190	39,700m²
	Mitsui Shopping Park LaLaport Shanghai Jinqiao (tentative name)	2020 (planned)	200	60,000m²
	Lianhua Road Station Building Retail Facilities (tentative name)	2020 (planned)	90	16,500m²
Taiwan	Mitsui Outlet Park Linkou	2016	220	45,000m²
	Mitsui Outlet Park Taichung Port	2018(planned)	170	35,000m²
	Mitsui Shopping Park LaLaport Nangang (tentative name)	2021(planned)	250	70,000m²
Malaysia	Mitsui Outlet Park KLIA SEPANG	(Phase 1)2015	130	24,000m²
		(Phase 2)2018 (planned)	70	9,900m²
		(Phase 3) 2021 (planned)	50	10,100m²
	Mitsui Shopping Park LaLaport Kuala Lumpur (tentative name)	2021 (planned)	300	82,600 m²
Total		8 properties	1,670	392,800 m²