Bay Valley, Shanghai

Acquired in September 2017, the three office buildings A4, C7 and C4 located at No. 78 and 79, No. 33 and 36, and No. 25, 1688 Guoquan North Road, are well-located within the integrated business community development known as the Bay Valley (“湾谷”). Bay Valley is situated in New Jiangwan City (“新江湾城”), which is in the Yangpu (“杨浦”) District of Shanghai, one of China’s most established industrial centres
Leasing activities are underway.
| Key Statistics |
|---|
|
% owned by Group
30
|
|
Lettable Area (sqm)
97,854
|
|
Land use rights tenure ending on
2 November 2058
|
|
Occupancy Rate (%)
70.3
|
|
Valuation (100%)
S$281 million
(RMB1,500 million)
|
|
Partner
Top Spring International Holdings Limited
|