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Landmark projects
By Cao Qian |
May 15, 2010, Saturday
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Print Edition
Print Edition
HONG Kong-listed Powerlong Real Estate, a major developer and operator of integrated commercial real estate projects in China, said yesterday that it plans to add 10 new landmark commercial projects to its domestic pipeline this year as the company continues to expand its presence across the country.
Established 20 years ago in Macau, Powerlong entered the Chinese mainland market in 1992 and now has established a national portfolio of 20 Powerlong City Plaza projects in 15 second- and third-tier cities, including Qingdao, Yantai, Fuzhou, Zhengzhou, Luoyang and Wuxi.
For the long run, the company plans to own 100 large commercial real estate projects across the country, covering cities from first-tier to fourth-tier, Chairman Hoi Kin Hong said.
Established 20 years ago in Macau, Powerlong entered the Chinese mainland market in 1992 and now has established a national portfolio of 20 Powerlong City Plaza projects in 15 second- and third-tier cities, including Qingdao, Yantai, Fuzhou, Zhengzhou, Luoyang and Wuxi.
For the long run, the company plans to own 100 large commercial real estate projects across the country, covering cities from first-tier to fourth-tier, Chairman Hoi Kin Hong said.
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