Distrii

Singapore-listed City Developments Limited (CDL) is the second largest shareholder and largest foreign strategic investor of Shanghai Distrii Technology Development Co., Ltd. (“Distrii”). CDL has collaborated with Distrii in real estate value-add opportunities and successfully completed the asset enhancement of two properties. This includes Distrii's office space in Republic Plaza in Singapore and overhaul of CDL's office building within Yaojiang International Plaza in Shanghai, China. CDL and Distrii will continue to seek new paths, explore new opportunities for asset investment and transformation, and operations, to establish the branding and capability of its commercial real estate investment management.

Distrii is founded by Dr. Hu Jing, the former Executive Vice President and former Chief Architect of Greenland Holdings in 2015, in association with senior managing partners from multiple fields, e.g. Commercial Real Estate (CRE), Internet technology, smart technology and more. Devoted to materialising the concept of “Smart New Office”, Distrii's shareholders include CDL, Hefu Capital, Junzi Capital, and Huazhu Hotels and Resorts to offer an integrated, distributed smart workplace solution to members which encompasses smart office booking, office technology development, one-stop space customisation and value-added business services.

Currently Distrii is running 35+ business communities in 7 cities (Singapore, Shanghai, Beijing, Hangzhou, Nanjing, Xiong'an and Suzhou) of China and Singapore, totaling over 250,000 m2 of operating area, creating 30,000+ workspaces and serving 2,000 high quality enterprises. What Distrii offers is a mega-IoT linking up online spaces topologically to interconnect office properties, internet, business services and groups as an all-inclusive platform of solutions and services.