British luxury brand Burberry plans to take over a major part of the space that speciality department store Lane Crawford currently occupies in Pacific Place in Admiralty.
Swire Properties, a wholly owned subsidiary of Swire Pacific which owns the mall, said Burberry had committed to take up about 21,000 square feet over two storeys for its regional flagship store. It is expected to open in the second half of 2012.
Lane Crawford will close its Pacific Place branch when its lease expires in February 2012. It currently occupies about 50,000 square feet in the mall.