• Follow Us On : 

Cushman & Wakefield Successfully Facilitates Acquisition of Pufa Tower in Shanghai by CapitaLand

Redaksi | Rabu,09 Januari 2019 - 01:44:39 WIB
Dibaca: 361 kali 
Cushman & Wakefield Successfully Facilitates Acquisition of Pufa Tower in Shanghai by CapitaLand

HONG KONG, CHINA - Media OutReach - 8 January 2019 - Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced the success of its Capital Markets team in facilitating the acquisition of Pufa Tower in Shanghai by CapitaLand. Boasted as the first major investment deal of 2019, it marks the first time CapitaLand has entered the Lujiazui submarket.

Pufa Tower stands amid Shanghai's notable skyline, next to the Shanghai Stock Exchange, the building faces the Century Avenue, which is known as the "dragon vein" of Pudong and runs through the CBD of Lujiazui and Bamboo Garden. The Tower has the geographical advantage of being located just one block away from Shanghai Tower and the Shanghai World Financial Center. Under the new acquisition, CapitaLand will own a total gross area of 41,773 sq m of the aboveground building area from 8/F to 19/F and 21/F to 32/F, plus the underground parking spaces.

The project is the first quasi-REITs project on the Shanghai Stock Exchange and also the project in China to use a single office property as the underlying asset. As the first asset-backed plan in China that exits through private negotiation, the transaction is of great significance to the expansion of the CRE investment market and the development of domestic real estate securitization. The close and efficient cooperation of the Cushman & Wakefield Capital Markets teams in Shanghai and Hong Kong is key to the success of this historic transaction.

Mr Alvin Yip, President of the Capital Markets Department of C&W, Greater China and Head of Capital Markets in China, said, "It is a great honor to lead the team to the first project in China to exit REITs and to participate in the landmark deal in the block property investment market in Shanghai. The property investment market in Shanghai has exceeded RMB100 billion in size for three consecutive years, in which prime office projects are highly competitive. Pufa Tower not only occupies the most central part of Shanghai, but it is also a high-quality asset with cash flow, making it a rare opportunity for CapitaLand. We are looking forward to the new look of the Pufa Tower."

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. Across Greater China, there are 20 offices servicing the local market.

The company won four of the top awards in the Euromoney Survey 2017 & 2018 in the categories of Overall, Agency Letting/Sales, Valuation and Research in China. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, advisory and other services. To learn more, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china)

Akses Wahanariau.com Via Mobile m.Wahanariau.com
Untuk Berbagi Berita / Informasi / Peristiwa
Silahkan SMS ke nomor HP : 085271472010
atau email ke alamat : [email protected]
Harap camtumkan detail data diri Anda
Pengutipan Berita dan Foto, Cantumkan Wahanariau.com Sebagai Sumber Tanpa Penyingkatan
Senin,15 Oktober 2018 - 00:03:36 WIB

Cushman & Wakefield Releases Research on Innovation and Technology Development and Property Opportunities in the Greater Bay Area

Development of Innovation & Technology in the Greater Bay Area Hinges on "Joint Forces

Selasa,23 Oktober 2018 - 19:42:35 WIB

Cushman & Wakefield and USGBC Jointly Releases Green Financing Report on 2018 Greenbuild Event

Green Financing -- Greenlighting Green Investment into Green Real Estate   HONG KONG, CHI

Rabu,24 April 2019 - 01:38:52 WIB

Cushman & Wakefield Launches ''Mainland China Unicorns - Galloping To New Markets'' New Report: 78% Of Unicorns Intend To Expand In Mainland China With A Preference For Office Space In Business Parks

CHINA - 23 April 2019 - Cushman & Wakefield, a leading global real estate se

Jumat,04 Januari 2019 - 01:41:13 WIB

Vacancy Falls on Solid Absorption Cushman & Wakefield Releases the Report 2018 Greater China Top Office Demand Trends

HONG KONG, CHINA - Media OutReach - 3 January 2019 - Cushman & Wak

Minggu,17 Maret 2019 - 21:46:17 WIB

Cushman & Wakefield Wins 'Best Deal of the Year' Award Again at RICS Hong Kong Awards 2019

Two-time Best Deal Winner Also Picks Up Three Certificates of Excellence CHINA - 17 

Senin,26 Maret 2018 - 09:54:18 WIB

Cushman & Wakefield Wins ''Best Deal of the Year'' Award & Two Certificates of Excellence at RICS Hong Kong Awards 2018

HONG KONG, CHINA - 25 March 2018 - Leading global commercial real estate services firm Cushman &

Kamis,13 Juni 2019 - 03:40:54 WIB

A first for Taiwan, BIO Asia-Taiwan 2019 to be Held in Taipei, 24 July, with BIO’s President Jim Greenwood to Attend

As a sign of its international importance, the BIO Asia-Taiwan 2019 exhibition will feature 18 natio

Kamis,13 Juni 2019 - 03:37:39 WIB

WWPKG Announces its Cornerstone Investment in Feiyang International Holdings Group Limited

HONG KONG, CHINA - 12 June 2019 - WWPKG Holdings Company Limited ("WWPKG&qu

Rabu,12 Juni 2019 - 03:32:18 WIB

IKEA Crafts Cosy Bedroom for Better Sleep in Summer

100-day trial for quality mattress; Beat the heat with cooling humidity-proof materials; Natural tac