Direct Asset Investment

Project HIPPO

Location Chaoyang District, Beijing
Sector Office
GFA 20,155 sqm
Investment Date 2013 Q2
Exit Date 2015 Q2

With prime location in Beijing’s CBD and direct accessibility to the subway, Hippo offers rare naming and signage rights along the prominent Chang-an Avenue. Completed in 1998, it was part of a cornerstone mixed-use development comprising Ascott Serviced Apartments, Exchange Building, Samsung Tower and China Merchant Building.

The Property has 18 floors aboveground and 2 floors underground and in 2013, Starcrest acquired 11 office floors and 150 parking spaces, with total GFA of 20,155 sqm.