DH3 Recap
no street found, Beijing, 01000, CN
69,950 sm
Description
JLL as advisors are pleased to present the Beijing Hongsheng International Center located at Chaoyangmen North Street, Dongcheng District, Beijing.
This property represents a unique opportunity to acquire a landmark asset strategically nestled at the crossroads of historical heritage and modern prosperity. Westward views capture the majestic Forbidden City and Drum Tower, while the east overlooks the vibrant CBD. The architectural brilliance of GMP, a renowned German design firm, ensures this site's distinctive landmark status.
Spanning 70,888 m2, the center comprises 56,161 m2 of office space and 5,998 m2 of commercial area. A prime facility with naming rights available, it boasts a 85% current occupancy rate. Key tenants include top legal, brokerage, and entertainment enterprises, ensuring a robust tenant base for stable cash flow. The land possesses 28 years remaining on usage rights, fulfilling criteria for REITs and Pre-REITs acquisition.
Strategically positioned within Beijing's Second Ring Road, this center enjoys unparalleled connectivity and is adjacent to primary metro stations and numerous bus routes, facilitating easy access to major business districts such as Guomao CBD and Financial Street. Additionally, Beijing's policy of limiting supply within the Second Ring ensures this asset's irreplaceable value.
As a key governmental tax pillar, this property benefits from exclusive regional support, enhancing its appeal. Its high-value tenant profile and advantageous positioning allow investors to leverage REITs development opportunities for sustained value.
Embark on a strategic investment at Beijing Hongsheng International Center—where heritage meets modernity in a compelling market proposition.
...
Attributes
Building area net
604,495 sm
Occupancy
85%
Year built
2009
Media
Investment highlights
- 85% occupancy rate, attracting top industry tenants
- Strategic location on East Second Ring, high visibility landmark
- 28-year land tenure remaining, suitable for REITs
- Designed by GMP, unique architecture enhancing asset value
- Zero new supply projected in the Second Ring, boosting investment potential
- Proximity to over 400 corporate headquarters
- Recognized as billion tax revenue building with government support
- Connection to major transit hubs, 3-minute walk to metro
- Benefiting from Beijing's reduction development strategy
- Embrace REITs growth opportunity, secure long-term asset value
Contact brokers
HEXA International Plaza (0 Properties)