SPA (Dalian), a property development company in China, was established to develop real estate development projects in China.

In Dalian, SPA is supported by its sister companies, SPA Design and SPA Project Management. With a combined team of over 70 real estate professionals from around the world, including from Australia, the United Kingdom, Hong Kong, Philippines, Malaysia, Thailand, Portugal, France and China, SPA Dalian is poised to inject new life into the real estate industry in northeastern China.

SPA is currently developing its landmark project – Grand Central (previously known as the Zhong Bei Building), a mixed-used property in the Dalian ETD Zone, Dalian, Liaoning Province of the PRC.

Launched on 3 June 2007, the Grand Central is the New International Business, Living and Lifestyle Centre of the Dalian Development Area (DDA). The iconic building is situated in a prime location – at the centre of DDA’s main street, Jinma Road. Upon completion of construction, The Grand Central Building will comprise three elements: a Premium International Grade A office tower, renamed as Yoma International Finance Centre; the first five-star serviced apartment tower, renamed as Shama Luxe Serviced Apartments, which are expected to be managed by the renowned Shama Group from Hong Kong; and a three-storey expatriate-focused retail mall, which will be known as Grand Central. In total, The Grand Central Building is expected to have a gross floor area of 110,294 square metres.

The Group had on 21 December 2007 made a strategic step in broadening its business engagement beyond Myanmar and finalised a 27% stake in the Grand Central Building. This is the Group’s first acquisition of a prime real estate.

For more information on Zhong Bei Building, please click here.