xiang mango wins auction for plot of commerce and office on west bank of huangpu river by rmb1b


shanghai xiang mango culture investment co., ltd., which is jointly invested by shanghai puxiang investment co., ltd. controlled by shanghai sanxiang (group) co., ltd., hunan radio and tv station, land reserve development co., ltd. of hunan development group and shanghai lushen culture investment co., ltd. won the auction for the plot 188s-k-2 of unit ws5 in the southward extension area of huangpu river of xuhui district by rmb1.009 billion. the plot is the commerce and office plot of the riverside plate of xuhui district released in 2014.

the plot covers 18,551.70m2, the plot ratio above the ground is 3.75, the building area above the ground is 69,569.00m2 and the converted floor price is rmb14,506.75/m2. the plot is to the west of longteng avenue, to the north of longwen road, to the east of yunyao road and to the south of the 7th guihua road.

according to the riverside planning of xuhui district, unit ws5 in the southward extension area of huangpu river of xuhui district, where plot 188s-k-2 is located in, is positioned to the “west bank international media port”. in the future, the west bank media port will focus on the “oriental dreamworks” to attract a large quantity of well-known media enterprises to develop the high-end business, refined supporting commerce, cultural exhibition and leisure tour to form the cluster area of headquarters economy and innovative base of high-tech service industry.

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