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The Grand Pacific Building is an income-generating asset with 18 floors above ground having a total GFA of 28,598 sqm, including 4,433 sqm for retail, 21,000 sqm for office and 179 parking lots. Its developer wanted to sell 100% ownership of the property and appointed Jones Lang LaSalle to be the sole and exclusive investment advisor for the project.
We arranged all necessary legal documents for the sale as well as produced an investment memorandum as the preliminary tool for promotion. The Firm conducted a marketing campaign across Greater China and throughout Asia Pacific Regions.
After a series of transactions, Jones Lang LaSalle was successful in closing the deal in November 2007. Once again, the Firm succeeded in helping investors realised and exceeded the potential of the property.