Savills signed letters of intent with Hongkong Land for WE City project in Chengdu on the fourth of December, 2013. Prime Minister David Cameron and his trade delegation witnessed the signing ceremony and laid the foundation stone for WE City. This has been the highest level foundation laying ceremony in the domestic property industry.

WE City is an extensive mixed-use development project in the prime area of Chengdu, earmarked as its new financial district. The project is being developed by Hongkong Land together with KWG Property Holding Limited (KWG). Savills is appointed to provide asset management services for the residential development and property management consultancy services for the commercial portion of the project.

Mr. Robert McKellar, CEO of Savills Asia Pacific, who attended the ceremony said: "We feel honoured and privileged to have been invited to this grand ceremony. The Prime Minister’s presence further underlines his commitment to ‘A Partnership for Growth and Reform’ with China. Savills has a long history in the UK while nowadays China has become a key element in our global strategy. With the advantages of unrivalled local experience, an international network and market-leading research, we are well placed to strengthen the building’s position as the new landmark of Chengdu in the near future."

Mr. Albert Lau, Head & Managing Director of Savills China said: "West China is a very strategic part of Savills China operation. I am extremely pleased to have our Asia Pacific CEO, attending the signing ceremony in the presence of the British Prime Minister. Our Chengdu team has done a very good job."

Other attendees include Mr. Eric Wo, Deputy Managing Director of Savills Western China and Mr. Backy Fung, Head of Agency, Savills Western China.