Shanghai Tower to be one of China’s tallest landmarks

Shanghai Tower by Gensler

By Cheryl Tay

Poised to become an iconic landmark in China and the rest of the world, the 2,073 ft tall Shanghai Tower will offer 6.18 million sq ft of mixed-use space once it is completed by 2015.

Located in the Lujiazui district of Shanghai, the tower is being developed by Shanghai Tower Construction & Development Co., Ltd. Meanwhile, CBRE Group will provide property management consultancy services for the project.

Brett White, Chief Executive Officer of CBRE, commented, "Shanghai Tower will be one of the most prestigious properties we have ever managed, and a symbol of China's distinguished position in the global economy."

"We look forward to working with Chairman Kong Qing Wei and his team to establish the highest-caliber services for this world-class asset. Together, we will make Shanghai Tower one of the most desirable corporate and retail destinations in the world."

Kong Qing Wei, Chairman of Shanghai Tower, said the development is "not only designed to international standards, but it also strives to adopt a best-in-class approach to operational management."

Hence, Kong expects CBRE's property management expertise to help achieve the highest level of property management for Shanghai Tower.

Initially, CBRE will be a consultant to Shanghai Tower Construction & Development in developing property management and building operations strategies. Upon completion, CBRE will assume property management consultancy responsibilities for the project.

Shanghai Tower will feature high-quality office space, a world-class retail complex, a luxury hotel, an observation deck, as well as entertainment and cultural venues.

Additionally, it is expected to achieve both the China Green Building Three Star rating and LEED® Gold certification.

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