Recently, the signing ceremony of “Shougang Park - Tishman Speyer Winter Olympic Square Memorandum of Understanding for Business Cooperation” was held in Taolou. Rob Speyer, the president and chief executive officer and Frederick Waldeck, the senior managing director of Tishman Speyer, Ryan Botjer, the chief executive officer of China, Chen Zhichao, the chief investment officer of China, Yu Yan, the deputy director general of Beijing Investment Promotion Bureau, Tian Liyue, the executive deputy director of Shijingshan District, Zhang Gongyan and Wang Shizhong, the leaders of Shougang Group attended the signing ceremony.

Tishman Speyer is a world-class American real estate real estate owner, developer, operator and fund management company. It is also a century-old company with international brand resources, advanced design concepts and mature management experience. Many world-renowned companies rely on Tishman Speyer to meet their property needs across the globe. Tishman Speyer has extensive experience in transforming historic landmark buildings.

It is understood that Shougang and Tishmang are strong and have complementary advantages. They jointly fund the establishment of Shougang – Tishman Speyer Joint Venture Company, a Sino-US joint venture in Beijing. Based on their respective comprehensive resource advantages in the fields such as industrial innovation, green energy conservation and management platform integration, Shougang Group and Tishman Speyer select the land for comprehensive use with appreciation potential in the Shougang Park, conduct in-depth cooperation in the areas such as property planning and design, industry focus and regional operations and focus on the excellent companies in the internationally renowned fields of science and technology, sports and cultural creative which are consistent with the functional orientation of the capital to create this region into a competitive industrial demonstration area of comprehensive cross-border integration. After the project is put into use, this area will provide a complete supporting service for the Olympic Games and become a micro-tourism destination which integrates experiential consumption, sports and leisure and the characteristics of industrial cultures to bring unforgettable cultural, spiritual, technological and happy trip to the visitors.

Rob Speyer said that Shougang is an excellent company which has unique ideas in real estate development and urban renovation projects, and they are full of confidence in the planning and construction of the Shougang Beijing Park. He hoped that the two parties can join hands in strength to develop the park better for jointly welcoming the 2022 Beijing Winter Olympic Games

Tian Liyue said that the in-depth cooperation between Tishman Speyer and Shougang will be the first project in western Beijing to launch international docking. Through strong cooperation between the two parties, the Shougang Park must be created into an international sports and cultural exchange center. He wished Shougang and Tishman Speyer win-win cooperation and a complete success.

Zhang Gongyan said that they look forward to working with the partner to make the park a landmark example of the world industrial heritage. The alliance between Shougang and Tishman Speyer will accelerate the integration of the park and international community, quickly introduce international resources such as well-known international companies, innovative institutions, commercial brands and operation service providers in the fields of science and technology, sports and cultural creative industry and provide strong support for the goals of opening a new chapter for the development of the park and revitalizing new landmarks for the cities with global influence.

Wang Shizhong presided over the signing ceremony and introduced the background of the project.

At the signing ceremony, Wang Shizhong, Shen Zhuolin and Ryan Botjer respectively signed the “Winter Olympic Square Memorandum of Understanding for Business Cooperation” on behalf of Shougang Construction Investment Co., Ltd., Shougang Fund and Tishman Speyer.