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WENSHUI ROAD A 20 MIDDLE RING ROAD Shanghai Railway Station Lujiazui People s Square Hongqiao Transportation Hub WEST YAN AN ROAD Xujiahui INNER RING ROAD INNER RIN Shanghai South Railway Station QIANTAN A 20 6 The New Bund March 2016 Colliers International
INNER RING ROAD MIDDLE RING ROAD 75 min 40 min 31.7 km 20 Metro Stops G ROAD Huamu 41 min 40 min 13.6 km 15 Metro Stops MIDDLE RING ROAD Pudong International Airport 15km 25 min 26 min 11.0 km 12 Metro Stops 26 min 16 min 4.9 km 8 Metro Stops Colliers International March 2016 The New Bund 7
YAOLONG ROAD CHUANYANG CREEK JIYANG ROAD a b c d e b c a d e c MIDDLE RING ROAD Commercial 57% Residential 24% Others 19% Office 43% Retail 14% 1,540,000 sq m 485,000 sq m HUANGPU RIVER 877,000 sq m 695,000 sq m
The following timeline is based on the Lujiazui Group s master plan 2011 Oriental Sports Center metro station opens 2012 Qiantan officially established 2013 TISHMAN SPEYER Tishman Speyer announces joint venture with Lujiazui Group Wellington College opens 2014 2015 SWIRE PROPERTIES HONGKONG LAND Swire Properties and Hong kong Land announce joint ventures with Lujiazui Group First office building (Corporate Office Area) scheduled to complete 2017 2017 First retail component (Tishman Speyer s Crystal Plaza) scheduled to complete Sixty percent of residential properties to complete 2018 2019 Swire s New Bund Centre to complete Hongkong Land s Asia Pacific Centre to complete 2020 Colliers International March 2016 The New Bund 9
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CHUANYANG CREEK JIYANG ROAD MIDDLE RING ROAD 12 The New Bund March 2016 Colliers International
2. Office 500 25% 450 400 20% 350 300 15% 250 200 10% 150 100 5% 50 0 0% 2008 2009 2010 2011 2012 2013 2014 2015 2016F 2017F 2018F 2019F 2020F New Supply Vacancy Rate Colliers International March 2016 The New Bund 13
2010 2011 2012 2013 2014 Number of Financial Institutions by Year-End 592 630 662 698 728 Number of Newly Established Financial Institutions by Year-End 39 38 32 36 30 Value of Finance Sector in Lujiazui (RMB Billion) 68.8 84.5 89.6 104.5 128.8 Value of Finance Sector in Pudong (RMB Billion) 82.6 99.2 106.9 125.4 150.3 Value of Tertiary Industry in Pudong (RMB Billion) 263.9 314.4 357.6 415.5 476.1 Proportion of Finance Sector of Lujiazui in Pudong 83.3% 85.2% 83.8% 83.4% 85.7% Proportion of Finance Sector in Tertiary Industry in Pudong 31.3% 31.5% 29.9% 30.2% 31.6% 14 The New Bund March 2016 Colliers International
12 11 10 9 8 7 6 5 Q 1 08 Q2 08 Q3 08 Q4 08 Q 1 09 Q2 09 Q3 09 Q4 09 Q 1 1 0 Q2 1 0 Q3 1 0 Q4 1 0 Q 1 1 1 Q2 1 1 Q3 1 1 Q4 1 1 Q 1 12 Q2 12 Q3 12 Q4 12 Q 1 13 Q2 13 Q3 13 Q4 13 Q 1 14 Q2 14 Q3 14 Q4 14 Q 1 15 Q2 15 Q3 15 Q4 15 Puxi Rent Pudong Rent ce: Colliers International Research, Shanghai, 2016 Colliers International March 2016 The New Bund 15
250 20% 200 15% 150 10% 100 5% 50 0% 0 2010 2011 2012 2013 2014 2015-5% Vacant Office GFA in LJZ Vacancy Rate in LJZ Vacant Office GFA in ZY Vacancy Rate in ZY Source: Colliers International Shanghai Research, 2016 16 The New Bund March 2016 Colliers International
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sq m 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 2016F 2017F 2018F 2019F 2020F Pudong Shopping Centre Qiantan Shopping Centre Qiantan Other Retail Source: Colliers International Shanghai Research, 2016 Colliers International March 2016 The New Bund 21
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Pudong Shanghai RMB 60,000 50,000 40,000 30,000 20,000 10,000 0 2010 2011 2012 2013 2014 Consumption Expenditure Disposable Income Source: Pudong Statistics Bureau, Shanghai Statistics Bureau, Colliers International March 2016 The New Bund 23
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Nearest Gap 12.8 km 10 stops away (Kerry Parkside) 30 min Line 8 Oriental Sports Center Line 7 Yaohua Road Huamu Road 180 m Nearest H&M 12.8 km 10 stops away (Kerry Parkside) 30 min Line 8 Oriental Sports Center Line 7 Yaohua Road Huamu Road 180 m Nearest Zara 16.5 km 13 50 min stops (Super Brand Mall) Line 6 Oriental Sports Center Line 2 Century Avenue Lujiazui 610 m Nearest Muji 5.8 4 km stops (The River Mall) 30 min Line 8 Oriental Sports Center China Art Museum 1,200 m Colliers International March 2016 The New Bund 25
Swire Properties Project Name Date of Opening Estimated GFA (sq m) Location Taikoo Li Sanlitun 2008 136,000 Beijing Indigo 2011 176,000 Beijing Taikoo Hui 2011 357,000 Guangzhou Sino-Ocean Taikoo Li 2014 266,000 Chengdu HKRI Taikoo Hui 2016 (first phase) 321,000 Shanghai Tishman Speyer The Springs 2014 900,230 Shanghai The Atrium 2012 123,170 Chengdu Hongkong Land WE City 2014 1,300,000 Chengdu Landmark Riverside 2012 1,500,000 Chongqing WF Central 2016 (first phase) 150,000 Beijing
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CHUANYANG RIVER JIYANG ROAD ORIENTAL SPORT CENTER STATION MIDDLE RING ROAD Land Sites Transaction Date Developer Land Area (sq m) Land Price (RMB psm) Units Residential GFA (sq m) Restrictions on sale of properties A 2014-12-24 Gree Real Estate 12,258 65,832 136 24,516 / B 2014-12-24 Sanxiang Corporation 13,965 66,629 155 27,930 / C 2014-12-24 Gree Real Estate 11,695 53,905 179 26,899 / D 2014-12-24 Lujiazui Group 11,746 31,858 199 35,238 Lease only E 2014-12-24 Lujiazui Group 13,372 66,010 226 40,116 / F 2015-02-16 Lujiazui Group 9,456 29,422 394 23,640 Lease only Colliers International March 2016 The New Bund 33
2019F 2020F 2021F 2022F