Qiantan has potential to become the next CBD of Shanghai

摘要

Colliers International Group Inc recently released a whitepaper titled "The New Bund - Plans and Possibilities for Qiantan". In the report, Colliers analysed the development plan, current situation and future development potentials of Qiantan (The New Bund) from the perspectives of office, retail and residential markets. It is founded that the Qiantan office market will benefit from the fast development of Pudong and finance sector, in addition to benefiting from the ongoing decentralisation of traditional sectors such as manufacturing. As for the retail market, Qiantan's partnership with well-known developers including Swire Properties, Tishman Speyer and Hongkong Land, is helpful in attracting retailers, which will in turn develop the area into a new retail catchment in Shanghai.