Shanghai Plaza, Shanghai
Shanghai Plaza (“上海广场”), a landmark mixed-use commercial building, was acquired in May 2018. It is located at the prime Huai Hai Zhong Road (“淮海中路”), Huang Pu district, Shanghai, which is one of the most densely populated urban districts in China. The property is also close to Xintiandi (“新天地”), People’s Square and Lujiazui (“陆家嘴”) CBD, with connectivity to major train lines and expressways
Leasing activities are underway.
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% owned by Group
38.5
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Lettable Area (sqm)
37,807
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Tenure
50-year term from 1992 (16 years remaining)
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Occupancy Rate (%)
88.0
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Valuation (100%)
S$374 million
(RMB2,000 million)
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Partners
Hualing Group / Sunac China Holdings Limited
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