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 Transfer of Top-grade Office Building in Pudong Business Area, Shanghai

     Yindong BuildingShanghai Yindong Industry Co., Ltd.is  located in the center of Pudong Jinqiao Development Zone. The  building is 30-story A-level office building with 52326 sq.m. Floor  areas and 49549 sq.m. sellable and leasable areasamong which,  40468 sq.m. are overground areas and 10920 sq.m. are underground  areas. It was completed and put into use on April 30, 1998. The  building is equipped with six OTIS elevators, optical fiber cable  lines and integrated wirings to ensure mega capacity of  communication. Also, it is equipped with fire control monitoring  system and automatic spray settings and office automatic system.

     The operation of this building is favorable. Overground leasable  areas reach 16000 sq.m. with almost 40% stories. Also, part of side  rooms was sold in 2001 and the lessees are all famous multinational  companies in the world. Operational and rent incomes are relatively  considerable.

     Total investment of the project is 0.35 billion, among which  USD18000000 is equity capitalbank debt capital is RMB 0.19  billion.

    Main stockholders: main creditors of Bank of China, Shanghai  Branch and Bank of China, Overseas Branch: Bank of China,  Shanghai Branch

 Contact Person: Wang Jin 

 Tel.: 021-55382731

 

 

 

 

 

 

 

 

 

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