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Case Studies

Tianjin Exchange Tower, mixed use project with office towers, shopping mall and Five-star hotel.  Landmark and influential project in Tianjin

Jones Lang LaSalle have successfully partnered GIC across Hong Kong and Australia and trusted us to roll this out to Tianjin despite no office there at the time.

We set up Jones Lang LaSalle's Tianjin office especially and successfully transitioned selected existing staff from the developer and introduced our own market-leading systems, policies, procedures, training and leadership.

The asset is now famous in Tianjin for being the home for all MNC tenants and a benchmark for any new development in terms of hard and soft services.

Outcomes achieved include:

  1. Increased NOI by over 30% from 2008 to 2010;
  2. Increased Occupancy by 14.5% in 2009 & 2010 alone with 45,000sqm of Renewals & 12,000sqm of New Leases;
  3. Project managed Basement Food Court repositioning increasing rents 50% & achieving 100% lease-up upon opening;
  4. Coordination of Retail repositioning review including façade, horizontal & vertical pedestrian flows, tenant mix, rental projections & authority approvals liaison;
  5. Awarded "Star-rated Commercial Building", "Best Security Team" (Tianjin Police) & "Advanced Corporate on Fire Service" (Tianjin Government).