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Desun Real Estate Investment Services Group Co Ltd has announced that its subsidiary, Chengdu Desun, has secured the bid for a landmark media complex project in Chengdu. The lease for the project is set to run from July 1, 2027 to June 30, 2036, indicating a long-term operational commitment. The development highlights the company's continued expansion in China's commercial real estate and media infrastructure segment. This win strengthens its presence in Chengdu, a key emerging city, and reflects growing institutional interest in integrated media and commercial real estate assets.
Desun Real Estate Investment Services Group Co Ltd has stated that its subsidiary, Chengdu Desun, has secured the bid for a landmark media complex project in Chengdu. The company confirmed that the project will be operated under a long-term lease arrangement, reinforcing its position in the commercial real estate services segment. Advertisement
The lease tenure for the project is scheduled to commence from July 1, 2027 and will continue until June 30, 2036. This indicates a nine-year operational horizon, providing the company with stable visibility on asset management and revenue generation over the period.
The media complex is expected to be a significant commercial asset within Chengdu, which has been witnessing steady urban development and growing demand for integrated infrastructure projects. While specific financial details of the bid were not disclosed, such projects typically involve large-scale coordination across media, office, and commercial usage spaces.
Desun Real Estate Investment Services has been actively expanding its portfolio in property management and commercial asset operations across China. The latest development adds to its growing footprint in key urban centres, where demand for mixed-use and specialised infrastructure continues to rise.
Chengdu, as a major economic hub in western China, has seen increasing investment in media, technology, and urban infrastructure in recent years. Projects like this media complex align with broader city-level development plans aimed at strengthening business ecosystems and attracting institutional participation.
Source Reuters
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