Property Developments Corporate Avenue

Corporate Avenue

Corporate Avenue is on the Hubin Road at the north end of Taipingqiao Lake and adjacent to Shanghai Xintiandi, the renowned urban retail and entertainment area. Corporate Avenue is featuring premium grade A office buildings with commercial and entertainment complexes. 1 and 2 Corporate Avenue covers a gross floor area of approximately 98,000 sq.m, which recall the Art Deco style that is characteristic of Shanghai's architecture in the 1930s. Featuring 2 premium grade A office buildings and retail shops in podium. In July 2015, the Company divested 1 and 2 Corporate Avenue to The Link Properties Limited.

3 and 5 Corporate Avenue covering a gross floor area of 166,000 sq.m., the premium Grade A office space and world class shopping mall offers an amazing array of lifestyle brands and fine dining. The Company divested 3 Corporate Anenue to Bayline Global Limited in December 2015 and divested 5 Corporate Avenue to China Life in December 2013.

20 June 2019, the Shui On Land Core-Plus Office Venture, a real estate investment platform founded by Shui On Land, Manulife Investors, and China Life Trustees Limited, announced the completion of its first acquisition - 5 Corporate Avenue (“CA5”). With a site area of 11,817 sq.m. and a total gross floor area (GFA) of 102,330 sq.m., the complex includes approximately 51,623 sq.m. of office space, approximately 27,035 sq.m. of retail space and a total of 309 underground carpark lots. Completed by the Company in 2013, the complex was built to strict international Grade A standards, and has attained LEED -® Gold Core and Shell certification. The complex is currently 97% occupied, with a high quality, international tenancy base ranging from legal firms, advertising agencies, companies in the media industries and foreign consulate. CA5 forms part of the Corporate Avenue development, which comprises a series of premium Grade-A office buildings situated at the north end of the Taipingqiao Lake and adjacent to Shanghai Xintiandi.






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