Centre Plaza

Centre Plaza is a truly spectacular Grade A office building in the Guangzhou, China. Purchased in 2004.

  • Net lettable 9.200 m2
  • Actively asset managed the property to 100% occupancy within six months of completion
  • Multi let to blue chip multinational including Disney, PWC, Futong, Cushman & Wakefield
  • Net Initial yield of 15% at an average rental price of 18 $/m2
  • Sold 30% of the property in 2009 at 3.160 $/m2 equating a 104% increase
  • In 2013 exited another 60% at 4.350 $/m2 resulting in a 185% increase
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