Shanghai's Qiantan Center attracts major corporations

en.sww.sh.gov.cn | Updated:Aug 12, 2024

The Qiantan Center – the newest business landmark in East China's Shanghai – has quickly become a preferred location for major companies due to its strategic location and modern facilities.

The 280-meter-high skyscraper, which was completed in the third quarter of 2020, reached 70 percent occupancy within a year and now boasts a 94.6 percent occupancy rate, just three years after welcoming its first tenant.

The building, owned by the Lujiazui Group, stands out as the tallest structure in the Qiantan area – offering a prime riverside location with convenient access to transportation hubs such as the Oriental Sports Center metro station.

This accessibility is a significant draw for companies like Qimao, a leading online platform for free and legal digital reading in China, which relocated its headquarters to the Qiantan Center to facilitate employee commuting between Beijing and Shanghai.

Overall, it's said that the Qiantan Center's appeal lies not only in its location but also in its comprehensive facilities. It is adjacent to popular commercial landmarks such as Taikoo Li Qiantan and the Shangri-La Hotel, which provide employees with ample opportunities for leisure and convenience.

The building's design – with spacious office spaces and panoramic river views – enhances the work environment, making it a second home for many young professionals.

The area's development has attracted numerous multinational companies, particularly in the life sciences sector – with firms like Medtronic and Siemens Healthineers establishing regional headquarters there.

This influx of businesses underscores Qiantan's emergence as a key player in Shanghai's business landscape, fulfilling its promise as the "next Lujiazui" and maintaining robust demand without resorting to price wars, focusing instead on value and quality services.

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