Swire Properties (HKG:1972) launched a new project in China, made up of two grade-A office towers in Shanghai's Qiantan area, The Standard reported Wednesday.

The firm has begun pre-leasing the One Qiantan Place and Two Qiantan Place towers, which are expected to be completed in late 2026, the report said.

Swire is jointly developing the project with the Lujiazui Group which spans a gross floor area of approximately 125,600 square meters. One Qiantan Place will feature 30 storeys of office space, while Two Qiantan Place offers 24 storeys, The Standard reported.

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