Shanghai’s West Bund defies property slump as it attracts MNCs like BMW, Adidas

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Shanghai’s West Bund, an 11km-long waterfront area in mainland China’s financial capital, has bucked the property downtrend plaguing the sector, as companies and retail brands flock to office buildings and malls in the zone.The vibrant area, located on the west bank of the Huangpu River in the southwestern Xuhui district, is emerging as the latest central business district (CBD), with premium office buildings and retail space like Hongkong Land’s Westbund Central. The city kicked off the...