JLL Assists Chengdu Yintai Center and Ping An Life Insurance with Office Building Transaction

Working on behalf of Yintai Group, JLL sold the entire T3 office building of Chengdu Yintai Center to Ping An Life Insurance through Ping An Trust at 2016. This transaction broke a two-year lull on the Chengdu major office building trading market, as well as constituting an unprecedented case in which institutional investors purchased an entire Grade A office building in Chengdu’s Financial District or indeed the whole of South Chengdu

Located in the south of the city, Chengdu Yintai Center is the tallest mixed-use development building on the central axis of the financial district and is one of the city’s landmark projects. With a total construction area of around 720,000 m², including five high-rise towers and a large cluster of high-end commercial buildings, the Yintai Center is home to top luxury hotel The Waldorf, two Grade A+ office buildings, the whole-level international shopping center in99, the fully furnished high-rise apartment complex Huayue Fu, and the stylish and spacious apartment complex Huayue Ju. JLL provides professional property and asset management services for the project’s Grade A+ office buildings, high-end business apartments, serviced apartments, and underground parking lots, as well as all the public areas.  

The T3 building in this transaction is one of the Grade A+ office buildings, with a total construction area of approximate 80,000 m². It is also one of the office buildings with the highest standard in Chengdu’s Financial District.