For immediate release, 2007-12-13
by Hingyin Lee
Colliers International , Shanghai
- The lull in new supply of Grade A offices over the past few years apparently had dwarfed the importance of Nanjing Rd West CBD vis-a-vis Lujiazui, the former was once in the limelight of Shanghai's CBD.
- Yet over the next 3 years, the completion of several high quality Grade A office projects along Nanjing Rd West will rejuvenate the prominence of the area and escalate its importance vis-a-vis the Lujiazui CBD.
- The positioning as a city node for international business activities will accentuate the business function of Nanjing Rd West CBD further, but the area also face a number of development constraints.
- That said, the prestigious image deriving from its premium location remains a core competence of Nanjing Rd West CBD in the future.
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Contact Information
This information is distributed for Colliers International (Shanghai) by:
Hingyin Lee
Director, Research and Consultancy
Tel : 86 21 6141 3580
Fax : 86 21 6141 3699
Email: hingyin.lee@colliers.com
Julian Jiang
Analyst, Research and Consultancy
Tel : 86 21 6141 3592
Fax : 86 21 6141 3699
Email: julian.jiang@colliers.com
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