Asset Type: Office
Location: Pudong New District, Shanghai
Investment Year: 2011
Exit Year: 2015

Acquisition under joint venture with CLSA of a 46,026 sqm GFA Grade-A office tower in Zhuyuan, which is on the fringe of Lujiazui CBD and has since acquisition been integrated into the Shanghai CBD area. The ARE team fully renovated all common areas, reconfigured the retail podium, and leased up the property up from 50% to full occupancy.