Shanghai is the undisputed heavyweight of China – both in terms of urban population and wealth. With a population of over twenty-four million (as of 2015) the city ranks as the most populous city proper in the world. Shanghai is divided into sixteen county-level districts including: Pudong New District, Huangpu, Jing’an, Changning, Xuhui, Minhang, Putuo, Yangpu and Hongkou Districts.
Encompassing the largest and busiest container port in the world, a flourishing financial district, two large international airports – Pudong and Hongqiao, and the planet’s fastest train (the Maglev), Shanghai is no longer just an economic hub for national organizations but numerous international companies as well. Its financial sector is growing with both consistency and strength meaning that the city is set to achieve global financial market status by 2020. These all make Shanghai one of the world’s leading office markets. Shanghai possesses a number of commercial property projects, such as AZIA Center, Shanghai Tower, Shanghai Arch Tower 1, Mirae Asset Tower, Century 333, Jingan Kerry Center Tower 3, Platinum and HKRI Centre.
References: JLL 2016 Q4 Shanghai Property Review