DTZ: Five major deals account for nearly half of 2Q15 commercial property transactions in Shanghai

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According to DTZ’s Property Times, there were five major commercial property deals in Shanghai in 2Q15: with a combined value of CNY19.4bn, they accounted for half of the total value of transactions during the quarter. A parcel of mixed use land in the City North High Tech Service Industry Park was sold for CNY 8.8bn. Other deals included: Sandhill Plaza (R&D office – CNY1.9bn); Four Seasons Hotel & Tower, Pudong (CNY2.8bn), Tang Town Xinshi Town (residential land – CNY2.9bn); and Dachang Town (residential land – CNY 3.0bn)

Source : July 2015/DTZ/Shanghai/RES