Great Investment Potential of Yujiapu Financial District Displayed at 2012 MIPIM Asia

Friday, 9 November 2012 - 10:10am IST | Agency: PR Newswire
Great Investment Potential of Yujiapu Financial District Displayed at 2012 MIPIM Asia

HONG KONG, Nov. 9, 2012 /PRNewswire/ -- On November 7th-9th, 2012, 2012 MIPIM Asia, the commercial real estate investment exhibition, opened in Hong Kong. Yujiapu Financial District of China's Tianjin Binhai New Area participated in the great event with several landmarks, including Rockefeller's "Rose Rock International Finance Center" and "Tishman Speyer Finance Plaza." The exhibition gathered hundreds of first-class international institutions and property leaders, displaying a truly grand occasion. With its outstanding performance in the mainland market, Yujiapu Financial District attracted great attention.

According to the introduction, Yujiapu Financial District is located at the core area of China's Tianjin Binhai New Area, covering an area of 3.86 million sqm. Taking innovative financial institutions as its pillars, the District is one of the key projects of Tianjin's financial reform. The 120 plots within the District adopted the method of overall planning and phased construction, and the overall development and construction is planned to be basically completed in 15 years. Since the construction investment promotion was fully launched in 2009, the starting area has already taken initial shape. Based on national development strategy and advanced planning, the District has attracted many institutions, from home and abroad, to settle here and established strategic cooperations with them, including Rockefeller Financial Group of the US, Tishman Speyer, Lincoln Center, Juilliard School of Music, THL and GDF SUEZ of France. Among these institutions, the Rose Rock International Finance Center project and Tishman Speyer Finance Plaza project started construction on Dec. 2011. The former is co-built with Rockefeller Investment Group, with its world-class building design and a height of 588 meters. The latter is co-invested with Tishman Speyer, with an amount of RMB6 billion. The financial buildings have a construction area of 420,000 sqm. The landmark buildings of the future international financial center and the recognition offered by well-known consortiums to the District attracted the interest and attention of many visitors. It is known that, up to now, 478 enterprises have registered in Yujiapu Financial District, with a registered capital reaching about RMB88.3 billion.

At present, the resources in Beijing, Shanghai and other cities are becoming saturated and favorable policies and opportunities in emerging areas are becoming the competing objects of international assets. As China's third rapid development city after Beijing and Shanghai, Tianjin has attracted the attention of many international capitals. Yujiapu Financial District is located just in the heart of Tianjin Binhai New Area, and is one of the areas of Bohai Bay Region, an area with the greatest potential for development. It is said that when the Beijing-Tianjin intercity railway terminal - Yujiapu Station - is opened to traffic, it will take only 50 minutes to reach Beijing. Excellent transportation makes business between the cities more convenient.

The development concept of green buildings and a low-carbon city is another shining point of the District in the exhibition. On the 9th APEC Energy Ministers' Meeting held in July, 2010, Yujiapu Financial District was designated as the first low-carbon model town project. The future Green City will undoubtedly become a benchmark of the global "Green Financial District".

Taking advantage of the national development strategy, the support of many international financial institutions, as well as the outstanding geographic advantage and advanced development concept, Yujiapu Financial District is bound to become China's new economic growth engine, and will bring greater expectations and splendors to global financial services.

SOURCE Tianjin Innovative Finance Investment Co., Ltd.




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