Los Angeles-based CBRE Group Inc. has been selected by Shanghai Tower Construction & Development Co., Ltd. to provide property management consultancy services for the Shanghai Tower, a 2,073-foot tall mixed-use skyscraper currently under construction in the Lujiazui district of Shanghai.
CBRE will initially serve as consultant to Shanghai Tower Construction & Development in developing property management and building operations strategies for Shanghai Tower. Upon completion of construction, CBRE will assume property management consultancy responsibilities in relation to the tower.
Designed by the U.S. architecture firm Gensler, Shanghai Tower will feature high-quality office space, a luxury hotel, a world-class retail complex, an observation deck and other entertainment and cultural venues. The tower is expected to open in 2015.
‘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,’ says Brett White, CEO of CBRE. ‘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.’
(Photo courtesy of TheDarkCurrent)