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Press Release

Sule Square Office Tower and Retail Mall opens as Yangon's Leading Commercial and Leisure Destination

Sule Square Office Tower and Retail Mall opens as Yangon's Leading Commercial and Leisure Destination

Yangon, 15 October 2017 – The Sule Square Office Tower and Retail Mall officially opened today with an evening celebration attended by the Mayor of Yangon, U Maung Maung Soe and the community’s business leaders. Assembling at the city’s newest landmark, comprising 36,000 leasable square metres of combined office and retail space, guests enjoyed a lighting up ceremony and lantern display, followed by a cocktail reception.

“We are excited to premier the Sule Square Office Tower and Retail Mall in Yangon’s prime CBD area,” said Phillip Couvaras, area general manager of Sule Shangri-La, Yangon. “The modern office and retail complex will serve as an ideal venue to bring the community together, while meeting the needs of business corporations.

The unveiling of the mixed-use grade-A Sule Square Office Tower and Retail Mall represents Shangri-La’s investment of USD125 million towards the development of the downtown area. Positioned with panoramic views of the city, the 23-floor complex provides fifteen floors of dedicated office space – each at approximately 2,000 square metres, a retail component encompassing a supermarket, as well as 30 shops including dining outlets and an indoor 550-car parking space.

The office tower is already home to multi-national companies and offers direct access to the adjacent Sule Shangri-La, Yangon. It also features backup generators, closed-circuit TV, controlled card access and 24-hour security.

The Sule Square Office Tower and Retail Mall follows the success of other Shangri-La projects in Yangon, namely the opening of Traders Hotel in 1996, which was rebranded in 2014 to Sule Shangri-La, Yangon. The hotel quickly became a fixture in downtown Yangon and, today, it continues to be a popular place for business gatherings and the preferred choice
for visitors staying in the city. In 2013 the Shangri-La Serviced Apartments, a two-tower residence with first-class facilities, debuted to provide 240 elegantly appointed apartments overlooking the serene Kandawgyi Lake.

 For leasing inquiries, please call Sule Square Mall and Office Tower’s leasing hotline on (95 1) 925 5001 or email sule.square@shangri-la.com.

Hong Kong-based Shangri-La Hotels and Resorts currently operates over 95 hotels with a room inventory of over 40,000. Shangri-La hotels are five-star deluxe properties featuring extensive luxury facilities and services. Shangri-La hotels are located in Australia, Canada, mainland China, Fiji, France, Hong Kong, India, Indonesia, Japan, Malaysia, Maldives, Mauritius,
Mongolia, Myanmar, Philippines, Qatar, Singapore, Sri Lanka, Sultanate of Oman, Taiwan,Thailand, Turkey, the United Arab Emirates and the United Kingdom. The group has a substantial development pipeline with upcoming projects in Australia, mainland China,Cambodia, Indonesia, Malaysia, Saudi Arabia and Sri Lanka. For more information, please visit www.shangri-la.com.

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