JC Mandarin Plaza in Shanghai, transformed from an underperforming hotel into a high-end commercial complex. Photo: Gensler
JC Mandarin Plaza in Shanghai, transformed from an underperforming hotel into a high-end commercial complex. Photo: Gensler

Why are Asian property investors repurposing old buildings during Covid-19? Hong Kong, Kuala Lumpur and Shanghai are leading the trend

  • Design firm Gensler turned JC Mandarin Plaza, a hotel in Shanghai, into a high-end commercial complex as part of an urban renewal project
  • Hong Kong’s Oootopia owned by Arch Capital, and Weave Living, also converted old hotels in To Kwa Wan and Ma On Shan into co-living residential blocks

Topic |   Property Matters
JC Mandarin Plaza in Shanghai, transformed from an underperforming hotel into a high-end commercial complex. Photo: Gensler
JC Mandarin Plaza in Shanghai, transformed from an underperforming hotel into a high-end commercial complex. Photo: Gensler
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