Commercial Real Estate in China

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Gordon Benton, Lippo Karawaci voted #1 in Indonesia and #9 in Asia-Pacific 2005 by Euromoney There is so much going on in China, and of course we are all reading about the realm of real estate. CRE China enables me to check out the latest trends and level of investor interest very important for my job as an Urban Planner and Investment Advisor.

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Mr Pan Nai Yue, Sales Manager, Marketing and Sales Center, Shanghai Caohejing Hi-Tech Park: CRE China is really a very high quality magazine, and provides professional ideas that even others talk about. Although we are an INDUSTRIAL property developer, and mainly focus our business on industrial property, industrial parks, and standard workshops, we are very interested in your magazine, as you could help us to convey our products to our target market and potential clients.

Creative Zones

Featuring breathtaking art deco styling and an interior with a series of interlocking ramps, bridges, elevated walkways, and meandering corridors, the building in the northern district of Shanghai was once the largest abattoir in the Far East.

It became a pharmaceutical factory from the 1970’s before being left empty in 2002. And now it has been renamed 1933 – for the year it was built – and is in the process of being converted into what the developers have called “a centre for design, lifestyle, and learning.”

The project has been touted as a creative hub which will feature a tenant mix of design and creative firms, retailers, restaurants and bars, galleries, and educational enterprises. “1933 will focus on a holistic lifestyle, defined not so much by material wealth but by a greater appreciation for design, culture, arts, learning, and desire for inspirational experiences,” said Paul Liu, chairman and co-founder of Axons Concepts, the firm behind the restoration and management of the development.

At the launch event for 1933, Liu was at pains to stress that the development was not merely a high-end F&B and retail hub. “What we are really looking for is something special, creative, and innovative,” he said, “we want to make this a creative destination.”

The development consists of four buildings – the three buildings adjoining the former abattoir including a power plant with stunning art deco details - with a total of 3,500 sq metres of space.

Lim Hui Sin

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ImpressMedia is an established British publishing house which over the past four years has created a series of real estate magazines in Russia. The most famous of these is Commercial Real Estate, which has become a strong brand in the Russian market, and serves as an important means of communication between suppliers and providers; as well as between real estate professionals seeking to widen their horizons. In 2003, ImpressMedia also started a yearly commercial real estate Awards ceremony, which has now become an integral part of the real estate world in Russia. John Harrison helped create 'Commercial Real Estate' magazine in Russia, and was its first editor, from November 2002 to August 2005. He has written about real estate for over a decade.

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