The Group is capitalizing on
opportunities arising from
rapid economic growth on
the mainland by increasing its
investments in major cities. It plans
to replicate the Hong Kong model of
balancing property sales and rental
income on the mainland and apply
its expertise to build its brand by
developing landmark commercial
and residential projects.
The Group is optimistic about the long-term prospects for
mainland investments, and will continue investing
on the mainland incrementally, focusing on property business in major cities like Beijing,
Shanghai, Guangzhou
and the Pearl River Delta, and other cities.
Mainland land bank
The Group's mainland land bank as at September 2008 |
| |
Attributable Gross Floor Area (million sq.ft.) |
| |
Under development |
Completed investment properties |
Total |
| By Usage |
|
|
|
|
| |
Residential |
37.6 |
0.3 |
37.9 |
| |
Shopping Centre |
6.3 |
1.9 |
8.2 |
| |
Office |
6.9 |
0.8 |
7.7 |
| |
Hotel |
2.2 |
-- |
2.2 |
| |
Total |
53.0 |
3.0 |
56.0 |
| By Location |
|
|
|
|
| |
Beijing |
-- |
1.6 |
1.6 |
| |
Shanghai |
8.6 |
0.8 |
9.4 |
| |
Guangzhou & Pearl River Delta |
20.0 |
0.6 |
20.6 |
| |
Hangzhou |
2.4 |
-- |
2.4 |
| |
Wuxi |
5.7 |
-- |
5.7 |
| |
Chengdu |
11.3 |
-- |
11.3 |
| |
Suzhou |
3.3 |
-- |
3.3 |
| |
Nanjing |
1.7 |
-- |
1.7 |
| |
Total |
53.0 |
3.0 |
56.0 |
Mainland recognition for the Group
 |
The Group won three awards in the 2008 China Real Estate Fashion Prize of the Boao Real Estate Forum. |
 |
The Group was named the Most Influential Brand - Property Developer of 2007 by Shanghai Securities News. |
Most influential brand
The Group was awarded The Most Influential Chinese Real Estate Enterprise, The Most Influential Chinese Real Estate Brand and The Most Influential Chinese Real Estate Listed Company in the 2008 China Real Estate Fashion Prize of the Boao Real Estate Forum.
The Group was also named the most influential real estate brand of 2007 in a poll conducted by Shanghai Securities News. The participants - prominent players in the real estate sector and investors - were asked to rank companies on branding, capital value, social responsibility and product innovation. The honour is evidence of the reputation on the mainland as a high-quality developer.
LEED precertification
Huai Hai Zhong Road project in Shanghai was given precertification
by the Leadership in Energy & Environmental Design (LEED) programme under the US Green
Building Council: considered an important global benchmark for sustainable development.
The LEED Gold precertification recognizes the first two office
towers in the development.
Top 10 enterprise
The Group's landmark developments in major mainland cities are widely recognized. The Lujiazui Function Zone Administration of Pudong New Area named the Group one of the 10 Best Enterprises of Key Development Projects in the Lujiazui Finance and Trade Zone in recognition for its contribution to the zone's prosperity. The company's expertise in areas like management, quality control and site safety has substantially helped Pudong's development.
Most popular development in 2007
The Taihu International Community low-density joint venture project was popular with mainland and Hong Kong buyers, with nearly 300 units in the first phase selling within four hours of going on the market in the middle of June 2007. The first batch of units generated nearly RMB 300 million in revenue, a new record in Wuxi, and earned the project the title of 'Eye-catching development of the month' and 'Most Eyecatching Project' awards from Wuxi Daily in 2007.
