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The Summit Property Development (Summit) was first established in
1992,Shanghai. It has experienced the most energetic and passionate
economic development of Shanghai and China. During the past 11 years,
Summit focused on a wide range of real estate properties and achieved
great success on it.
In 1998, however, when Shanghai's total GDP increased with two digits
and the GDP per capita reached $5,000, when Shanghai's commercial
properties annually produced a sale of $2,000/m2 ,when Shanghai's retail
consuming sum was up to $2,200 per capita per year, Summit chose to invest
in commercial projects that were parts of the city's infrastructure
improvement such as giant traffic hub and shopping malls. Up to now, the
total area under operation or construction is around 700,000 m2 .It's
commercial properties will not only conform to the consuming language,consuming stoncture and consuming habit of Shanghai in the future
but also meet the requirements from manufacturing industries both at home
and abroad.Summit is now expected to provide such a multicultural platform
with international standards according to the brand new retail concepts in
Shanghai and China.
Shanghai owns a long history of facing the international market. The
comprehensiveness has already become the feature of the city. Over 500,000
pieces of commodities will be contained in the commercial properties
constructed by Summit, and each freestanding building will have a daily
traffic amount of more than 200,000 person-times. They have already
possessed the most capable spaces with which the international merchants
can show the glamour of their merchandises to Chinese people and Shanghai
Market.
We strongly believe that cooperation will bring to the business of
Summit as well as Shanghai a much broader development prospect.
With our vision, we are sincerely looking forward to a promising future
with your cooperation.
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