(SHANGHAI, January 24, 2018) Lingang Fengxian Life Technology Industrial Park (Phase 6 of Lingang Intelligent Manufacturing Industrial Park) holds a ground-breaking ceremony at Shanghai, senior management from Lingang Group, real estate investment team from Warburg Pincus and senior management from Dongjiu jointly present the ceremony.
Riding the successful collaboration among three parties in the investment Lingang Intelligent Manufacturing Industrial Park Phase 3, Phase 6 of the project expands Dongjiu’s capacity to meet the smart manufacturing space demand, as well as strengthens the Dongjiu brand. The acquisition also increases Dongjiu’s industrial park portfolio in the upcoming and growing Lingang area thus augmenting Dongjiu’s presence in the Shanghai industrial real estate solution market, in line with Dongjiu’s long-term strategies.
Lingang Fengxian Life Technology Industrial Park
The 39 standard workshops and 1 mixed-use building, with a total gross floor area of approximately 285,000 sq.m. are expected to complete and deliver by the second half of 2019.