China Financial Daily

Pan Shiyi set of objects being thrown from Shanghai received 2.45 billion the first schedule
August 18, SOHO China, Pan Shiyi, chairman announced that the company to 2.45 billion yuan from the hands of the acquisition of Morgan Stanley Plaza Shanghai East China Sea. SOHO project known as the East China Sea Plaza.

Pan Shiyi This is the first time after years of preparation to enter the Shanghai real estate market. Informed sources said a large Moreton into a profit of hundreds of millions, while the price of 2.45 billion yuan on higher profits Pan Shiyi is still to emerge. It is understood that the project will continue SOHO style has always been commercial property, mainly retail. SOHO China but does not commit to the case of rental rates, available for leasing on behalf of management clients. Although the large Mount of only 30 percent occupancy rate, but said Pan Shiyi, and then after the occupancy rate is expected to be referred to 100%. On rental prices, Pan Shiyi, currently around the same file in the office rental prices of 8-12 yuan / sq m / day, SOHO Square in the East China Sea will not be any major price changes.

Statistics show that Shanghai has long been known as the first schedule of the East China Sea known as the Plaza complex is located in Shanghai, Nanjing West Road commercial area. Pan Shiyi The acquisition is part of an office building, 217 meters high of the project, a total of 52 layers, is one of Shanghai landmark skyscrapers. The total ground floor area of more than 70,000 square meters, total construction area of the ground floor of 8838 square meters.

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