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News Release


JLL will provide property management services for the landmark Ping An Finance Centre, the tallest tower in Shenzhen

SHENGZHEN, MARCH 12, 2015 - China’s second largest insurer, Ping An Group, has appointed the JLL Shenzhen Property and Asset Management (PAM) team, to provide property management services for the Ping An Finance Centre, a new landmark building in Shenzhen that is expected to be completed in 2016.

PingAn.jpgThe Ping An Finance Centre will stand more than 600 metres in height, and will become the tallest building in Shenzhen, and one of the tallest towers in China. Located in the city's Futian Central Business District, the 118-storey tower will serve as Ping An’s new national headquarters, and will also offer commercial office space and a shopping mall.

KK Fung, JLL’s Managing Director in Greater China, said, "We are honoured that Ping An has chosen JLL to manage the iconic new Ping An Finance Centre once it opens next year. JLL’s many years of experience in managing high-rise buildings around the world combined with our unique understanding of Chinese commercial property markets will help ensure that the Ping An Finance Centre optimizes its market position and investment value."

James Wong, JLL’s Director of Property and Asset Management in Greater China, said, "During more than 20 years of operating in China, JLL has provided property management services for a large number of landmark buildings in cities across China, and has accumulated extensive local market experience while implementing global best practices and strategies. In addition to delivering professional property and asset management services, JLL also assists clients to increase the long-term return of investment on their property portfolios in China, and to maintain sustained growth in each building's market value. "

Mike Chan, JLL’s Director of Property and Asset Management Services in Shenzhen, said, "Managing tall buildings is a whole new challenge for many owners in terms of risk management, engineering and operations management and customer services. JLL has the expertise to manage tall buildings seamlessly and effectively. The JLL Shenzhen team is proud to have the opportunity to manage the eagerly anticipated new Ping An Finance Centre. Our team will provide customized property management solutions in different stages across Ping An Finance Centre’s lifecycle from design, construction and operation. We are committed to delivering a comprehensive range of professional property management services that will maximize of the commercial value of this iconic new landmark in Shenzhen."

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