Top Properties

Park Place / 越洋广场

District: Jingan Dist
1601 West Nanjing Road
Proximity to Metro Line: Line 2 & 7
Approximate Rental: 13-14RMB
Built In: 2008
 

Plaza 66 / 恒隆广场 I

District: Jingan Dist
1266 Nanjing Road (west)
Proximity to Metro Line: Line 2
Approximate Rental: 13-14RMB
Built In: 2001
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Real estate news

Anxiety among 200,000 owners of commercially zoned apartments in Shanghai

When protesters in Shanghai take to the streets over new real estate regulations, observers must assume that something dramatic has impacted the market. On this occasion, the scenes of protesters marching along Nanjing Road were the outcome of an announcement by the Shanghai... 
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Big Players Cashing In on Major CBD Investments

Shanghai’s office market continues to be seen as an attractive investment for major foreign and domestic firms. Large scale deals have marked recent months and seem set tocontinue into the second half of the year. During the first few months of 2017, several transactions for whole building... 
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 2017 Shanghai Retail Property Outlook

The Shanghai retail scene continues its ongoing makeover in 2017 as another host of new malls opens for business and long-established retailers reinvent themselves in order to survive in an increasingly competitive market. Newcomers Some 58 new major retail complexes are scheduled to open in... 
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The New Hotel Order

In the past three years the JC Mandarin Hotel on Nanjing Xi Lu, the Galaxy Hotel on Yan An Xi Lu, and the Lansheng Hotel on Quyang Lu have all closed and have reopened or soon will reopen as office buildings. The three properties were among Shanghai's first modern luxury hotels, and many long-time... 
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 Managing China Property in Downsizing or Closing Situations

When a foreign company in China has to close or downsize, its management will need to see to a range of matters such as compensation of laid-off staff, taxes, inventory and so on. One of the more commercially critical issues that needs to be dealt with is determining what to do... 
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Bubble Threat Rises as GDP Growth Slows

Every year since around 2005 foreign media have been predicting an imminent and giant crash in the China housing market. The crash will be so severe, they say, that it will drag down other segments of the nation's economy with it. Yet aside from some minor price drops we saw in 2014-2015 in many... 
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Price Appreciation Motivating Foreign Company Property Sales

Foreign firms in China have most often played the role of buyer in property sales transactions, but in recent years we have been seeing more and more foreign companies playing the seller. The more challenging business environment that has emerged is one driver of this trend. Higher costs of... 
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Market Insight – Shanghai Coworking Craze

Are Co-Working Spaces the Next UBER or Investor Graveyards? Coworking spaces have taken the Shanghai real estate market by storm, and everyone seems to want in on the action. Big Chinese developers such as SOHO China and Vanke are integrating coworking spaces into new... 
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Market Insight – New Normal: a Dual National Market

Property prices are currently falling and investors registering losses in China's third- and fourth-tier cities; yet in Beijing, Shanghai, Guangzhou, Shenzhen and the more prosperous of the 2nd-tier urban centers, demand for homes is surging and commercial real estate markets are strong as... 
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Market Insight – Serviced Apartments for Investment

Are Serviced Apartments Shanghai's Best Investment? The high demand for property that is characteristic of a booming metropolis has been attracting real estate investment to Shanghai for years now. Yet while sound opportunities may be found across the spectrum of the city's industrial, commercial... 
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Market Insight – Economy and Demand

Economic activity is the key factor determining demand for office space, and in an international metropolis like Shanghai, both the national and global economies exert strong influence on the local business situation. Forecasting the outlook for Shanghai’s office space demand, therefore, is... 
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Market Insight – Current Trends and Future Supply

As discussed in our last issue, Shanghai will see a huge amount of new office space handed over in the coming five years, and much of it will be in five new core functional areas: • North Bund – logistics and finance • South Bund – finance and tourism • Qiantan -... 
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Market Insight – Shanghai Office Rental Outlook

Significant amounts of new Grade A office space supply entering the market over the next few years and questions about the health of China's economy are making the outlook for office rents in Shanghai very interesting. Another Puxi The new supply will come mostly in the non-central areas of... 
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Apparent Rent Anomalies in the Shanghai Office Market

Currently in Shanghai there is a certain landmark office building that is leasing out space at rents that are 30% higher than rents at a neighboring landmark building, even though the neighboring property is arguably its equal in almost every respect, and even superior in some ways. Can you... 
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Local Sentiment Towards Shanghai's Landmark Buildings

As the most salient elements of urban landscapes, commercial real estate developments occupy not just physical space on city streets, but also places in the hearts and minds of city residents who live among them.  Put differently, each such property is a brand, and what that brand means to... 
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Key Shanghai Property Openings in 2015

The myriad of spaces where economic activities are carried out in Shanghai becomes enriched with a host of spectacular new additions in 2015. The new developments include fantastic office towers that are making world headlines, chic luxury hotels of distinctive character, properties offering... 
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The Rise of Greater Hongqiao

As our newsletter reader, you likely know that Hongqiao is an area in western Shanghai, and probably associate the name with the Gubei residential area and Loushanguan Road where many businesses and consulates have offices. If you’ve been paying attention to the local news, you may also have... 
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Market Insight - A Tale of Two City Sides

"It was the best of times, it was the worst of times, it was the epoch of comfortably low rents, it was the era of budget-busting rent increases...". The above title and paragraph, of course, allude to Charles Dickens' epic novel A Tale of Two Cities. To those who closely watch Shanghai's... 
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Market Insight – Spectacular New Office Towers, Housing Market Indicator

China has for years now been a business hotspot for world-leading architectural firms, and Shanghai is of course one of the cities to benefit from the influx of building design creativity. Shanghai Tower, which we profiled in a recent issue of this newsletter, is far from the only impressive... 
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Market Insight – Housing Market Fallout

China watchers are all abuzz these days about the slowdown in the country’s housing market. Although the average house price in China is still rising overall, the average rate of rise is approaching zero, and in several cities prices and transactions have already started to... 
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Market Insight – Shanghai Tower to Welcome Tenants Soon  

Although construction on Shanghai Tower will continue for about a year longer, management from many potential tenants have already inspected the site and the developers will be opening an office space show floor soon. Besides being the tallest building in China, the landmark property has a number of... 
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Market Insight - 2013 Review

Investment, development in non-central areas, and changing market conditions were the big themes in Shanghai's commercial real estate industry during 2013. We've rounded up what we view as the year’s major events and list them below, along with some thoughts on how things may develop in... 
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Market Insight - Pudong & Hongqiao Rents Rising, Land Buy

In our last newsletter we noted that after years of continuous increase, office rents in much of Shanghai have largely plateaued in the second half of the year, with rents in some grade A buildings even dropping in recent months. Two notable exceptions have been Hongqiao district in the west and the... 
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Market Insight - Rents Down in Some Districts

As noted in our last newsletter, office rents in the city largely stabilized in the second quarter of this year after a long period of mostly steady increase that began all the way back in mid-2009. Does the current stabilisation represent a peak, meaning that rents will soon start falling, or... 
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Market Insight - Chinese Employee Office Space Preferences

Employee loyalty is just one element of corporate success, but it is especially important in China where a highly competitive labour market makes it easy for talented individuals to change jobs at will. Smart companies looking for a new office space in Shanghai, therefore, will give serious... 
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