The property will be occupied by co-working space operator Distrii, who will be its sole tenant. The five-storey development offers about 4,241 sqm of net leasable area.
SINGAPORE (Sept 2): Keppel Land China is expanding its presence in Beijing by acquiring 100% of the equity interest in Beijing Shunxiangren Enterprise Management Co., which indirectly owns the Shangdi Neo commercial property, for RMB178.6 million ($35.1 million).
Shangdi Neo is located within China’s Zhongguancun, or the so-called Silicon Valley, in the Haidian District.
