Greystar Real Estate Partners has acquired a real estate development site in Shanghai’s downtown Jing’an District.
Located on Qiujiang Road within the Inner Ring Road and covering a site area of more than 8,000 square meters (86,000 square feet), the land plot will be developed into a mixed-use upscale rental community with more than 500 units.
It will be the company’s second project in China under its LIV’N residential rental brand.
It is close to the “Twelfth Five-Year Plan” key project Suhe Bay CBD, and within walking distance to Shanghai Joy City and many core business districts. The property is surrounded by the prosperous urban life. At the same time, the project has convenient transportation. Metro lines 3, 4 and 8 are all close at hand, and the location is within 15 minutes of the main centers of Shanghai such as Jing’an Temple, People’s Square and the Bund.
The brand’s first high-end rental community, Residence in LIV’N 833, i
