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Foray into property
By Cherry Cao |
October 21, 2010, Thursday
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Print Edition
Print Edition
HONGWELL Real Estate, a subsidiary of CLEVO, a renowned developer and maker of notebook computers in Taiwan, said yesterday in Shanghai that it plans to increase its portfolio of Hongwell branded commercial property projects to 20 in the Chinese mainland over the coming 10 years.
They would be mainly in provincial capitals as well as cities with fast economic growth.
The company was due to launch Hongwell International Plaza, a twin-tower Grade-A office development near Xujiahui in Shanghai in the second quarter of next year. It will be the company's first Hongwell branded project on the Chinese mainland. The second project under the brand will be located in Changchun, capital of northeastern Jilin Province, said Johnny Wu, executive director of Shanghai Hongwell Real Estate Co.
They would be mainly in provincial capitals as well as cities with fast economic growth.
The company was due to launch Hongwell International Plaza, a twin-tower Grade-A office development near Xujiahui in Shanghai in the second quarter of next year. It will be the company's first Hongwell branded project on the Chinese mainland. The second project under the brand will be located in Changchun, capital of northeastern Jilin Province, said Johnny Wu, executive director of Shanghai Hongwell Real Estate Co.
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