What is Lend Leases relationship with Taipei 101?
Van de Velde: The Lend Lease engagement commenced over three and half years ago. Lend Lease is the retail consultant of Taipei Financial Center Corporation. Lend Lease was selected by the Taipei Financial Center Corp board to provide a suite of services relating to the development, leasing, marketing and retail design of the mall. In terms of ongoing management the Taipei Financial Center Corp board has proposed that Lend Lease enters into a three-way, tripartite agreement with owners of Taipei 101 and the Citta Property Group to provide management services to the owner. The Citta Property Group consists entirely of senior ex-Lend Lease executives. The Citta skill set extends to property management, leasing and marketing, development and real estate investment. Citta Property Group in Taiwan has been established for the express purpose of providing world-class management expertise to the Taipei 101 project. TT: Does Taipei really need another mall and how will Taipei 101 Mall different
