Current location site: Global

The listing of China Commercial Private REIT demonstrates continued momentum in our domestic-for-domestic growth strategy and capital recycling efforts in China. It enables us to further tap China’s liquid capital market and unlock value from our quality assets with value-creation potential. CCPR received strong support from 11 institutional investors, including bank wealth management institutions, insurance companies, trust companies and securities firms. This reflects our ability to attract diverse capital partners and their confidence in CLI’s execution capabilities.

- Mr Puah Tze Shyang, CEO, China - 

CCPR’s seed asset, CapitaMall LuOne

CCPR is seeded with CapitaMall LuOne, a flagship integrated development in Shanghai’s Xintiandi precinct. CLI will continue to manage CapitaMall LuOne, leveraging its operating and asset management expertise in China and international network of tenants to enhance the performance and long-term value of the asset.

Located in downtown Shanghai, CapitaMall LuOne is directly connected to two major metro lines and surrounded by established upscale residential neighbourhoods and key business districts. Designed by renowned architect Moshe Safdie, whose iconic works include Jewel Changi Airport and Raffles City Chongqing, CapitaMall LuOne integrates premium retail and office space with over 130,000 square metres of leasable area. With several surrounding residential projects expected to be completed over the next three years to support population growth, the property is expected to continue to see strong local demand.