Swire Properties and Lujiazui Group Announce One and Two Qiantan Place

Core Insights - The launch of Qiantan Place marks a significant development in Shanghai's Pudong area, featuring two premium Grade-A office towers, One Qiantan Place and Two Qiantan Place, as part of the mixed-use Taikoo Li Qiantan development [1][2][3] Company Overview - Swire Properties, in partnership with Lujiazui Group, is developing Qiantan Place, reflecting confidence in the Shanghai market and aiming to shape the urban landscape [1][2][3] - The project is inspired by Swire Properties' successful developments in Hong Kong, such as Pacific Place and Taikoo Place, indicating a strategic approach to urban development [2][3] Project Details - Qiantan Place is scheduled for completion in late 2026, with pre-leasing currently underway. The total gross floor area (GFA) is approximately 125,600 sqm, with One Qiantan Place having 30 storeys and Two Qiantan Place offering 24 storeys [5] - The project is designed to integrate innovation and sustainability, featuring advanced technologies and achieving LEED Platinum and WELL Platinum pre-certification [10][11] Location and Accessibility - Qiantan Place is strategically located in the Qiantan area, which has become a mixed-use business hub, attracting global investors and corporations [2][3] - The development boasts exceptional transport links, including direct access to major roads and three metro lines, with future enhancements expected from the opening of Metro Line 19 in 2028 [6] Community and Amenities - The design of Qiantan Place emphasizes a vibrant "live-work-thrive" experience, with seamless integration to an expanded retail podium and access to over 500 retail and dining options within a five-minute walk [8] - The project includes features aimed at enhancing occupant wellbeing, such as outdoor terraces and public green spaces [12] Market Context - The Qiantan area has evolved into a vibrant urban hub over the past twelve years, with significant developments like Taikoo Li Qiantan contributing to its growth [7] - As of September 30, 2025, approximately 97% of the saleable area of the residential component of the Taikoo Li Qiantan development has been pre-sold, indicating strong market demand [9]