Swire Properties, Jing’an partner to revitalise Shanghai district

The Zhangyuan district in the city will be turned into an international cultural and commercial landmark.

Swire Properties has formed a joint venture with Shanghai Jing’an Real Estate (Group) Co. Ltd. to reposition the Zhangyuan district into an international cultural and commercial landmark.

The site with a 40,000 square metre (sqm) area comprises 43 Shikumen blocks of around 170 historic buildings. It is the largest shikumen compound in Shanghai.

The two companies plan to create “high-end” office spaces, residential apartments as well as a boutique hotels with an array of dining and retail options over an expected 60,000 sqm gross floor area above ground

The underground area of more than 70,000 sqm will connect to three Metro lines (2, 12, and 13) at Nanjing Road West station and enjoy seamless access to nearby communities.

“This project will leverage Swire Properties’ expertise in commercial planning, hotel management, property leasing and management, making full use of its commercial property management experience,” Shi Yunlun, chairman of Shanghai Jing’an Real Estate Group, said.

Swire Properties and Jing’an Real Estate Group will hold a 60% and 40% interest respectively in the joint venture company set up to manage and operate the project.

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!