Shanghai IFC (100% owned)
Dedicated web site

Shanghai IFC is at 8 Century Avenue in the heart of the Lujiazui financial and trade zone. The integrated complex will contain over 4 million square feet of gross floor area spread over two high-rise towers, a retail podium and a low-block building. There will be over 2 million square feet of grade-A offices, hotels covering 1 million square feet with 656 rooms managed by Ritz-Carlton and W Hotels and a 1 million-square-foot mall with an array of high-end international retailers. The W Hotel, retail mall and about 900,000 square feet of offices will be finished in the middle of 2009, while the remaining parts are scheduled for completion in 2010.

Its superior quality and fine architecture appeal to large corporations and multinationals including HSBC. The HSBC Building of Shanghai IFC has topped out. The building will house HSBC China's headquarters, which will occupy 22 floors with a total gross floor area of 624,000 square feet..

Huai Hai Zhong Road Lot 3 (Joint venture)

The Group is developing this site as a first-class retail mall, offices and luxury residences. Construction is under way and scheduled for completion in phases by 2011. The project will have over 2.5 million square feet of attributable floor area. It is in the busiest commercial area of Puxi and the mall will be linked to a new mass transit station at the interchange of three transit lines.

Wei Fong (100% owned)

This project is on the waterfront of the Huangpu River in the most prestigious residential area of Pudong, with a panoramic view of the famous Bund. The Group will apply its expertise in developing luxury residences to build 1.68 million square feet of top-quality units and serviced apartments. This project will stand out and set new standards of luxury in Shanghai.

Shanghai Central Plaza
381 Huai Hai Zhong Road (80% owned)

Shanghai Central Plaza is located in the busy Puxi commercial district, with 588,000 square feet of top-quality offices and retail space. Its prime location makes it a favourite with multinational companies and retailers.

Arcadia Shanghai
88 Guang Yuan Xi Road (97% owned)
Dedicated web site

Arcadia Shanghai in Xuhui consists of two serviced apartment blocks that were completed in 1999 and a residential tower completed in 2004. The Group is holding one of the serviced apartment blocks as a rental property and leasing was satisfactory during the year.