# Shanghai Lujiazui (Group)

Shanghai Lujiazui (Group) is a Government / Public Body based in Shanghai, China.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Shanghai, China
- **Region:** Asia
- **Address:** Pudong New Area, Shanghai, China
- **Founded:** 1990
- **Assets under management:** Undisclosed
- **Website:** shme.com

## Regulatory record

- **Reports private funds:** No

## About

Shanghai Lujiazui (Group) is a government agency based in Shanghai, China. It manages approximately $40.7 billion in assets across one fund. Its regional focus is Asia.

## Sectors

- Real Estate
- Infrastructure

## People

- Xu Erjin — Chairman

## Questions

### What is Shanghai Lujiazui (Group)'s relationship with the Pudong government?

The firm is ultimately controlled by the Pudong New Area SASAC and was founded in 1990 specifically to execute the central government's policy of developing Pudong into a global financial hub. It acts as the master developer and landlord for the Lujiazui Finance and Trade Zone, meaning its development decisions are directly aligned with municipal and national economic planning rather than independent commercial strategy.

### Does Shanghai Lujiazui (Group) operate like a traditional real estate developer?

No. While it develops and holds commercial real estate, its mandate is policy-driven rather than purely profit-driven. The firm supplies the physical infrastructure — office towers, retail, cultural venues — required to house the financial institutions, exchanges, and regulators that the government has designated for the district. It acts more like a special-purpose urban development authority.

### What are the most significant assets in the group's portfolio?

The portfolio is headlined by the Shanghai Tower at 501 Yincheng Middle Road, China's tallest building and a symbol of the district. Other operational assets include DBS Bank Tower, Lujiazui Century Financial Plaza, the China Diamond Exchange Center, Century Metropolis, Lujiazui Software Park, and the Museum of Art Pudong. The group is also leading the Qiantan mixed-use development in a joint venture with Swire Properties.

### Who runs investment decisions at Shanghai Lujiazui (Group)?

The chairman, Xu Erjin, is the named principal responsible for the group's strategic direction. Investment and development decisions are ultimately aligned with the priorities of the Pudong New Area SASAC, the controlling shareholder. The firm does not operate an independent investment committee allocating to external managers; its capital allocation is predominantly land and development rights into district assets.

## Related profiles

- [Nestlé](https://altss.com/profile/nestle)
- [SVB Capital](https://altss.com/profile/svb-capital)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/shanghai-lujiazuigroup

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology