Xinhua group is one of the largest private real estate companies in mainland China. Founded in 1992, the firm has been leading the real estate market in the country for almost 30 years. As of end of 2020, Xinhua group has invested in over 1,600 real estate projects with a total investment value of more than 400 billion Chinese Yuan. It is the largest private real estate firm in mainland China.
The focus of Xinhua Group is mainly oriented to housing projects. It has developed about 6.3 million square meters of residential properties, giving the needs of many people in China. Currently, it is targeting to build an additional 10 million square meters of residential in 2021.
In addition to residential developments, Xinhua Group also specializes in commercial and office buildings. It has developed a total of more than 25 million square meters of commercial and office buildings in more than 75 cities in China, which include some of the largest cities in the country such as Shanghai, Beijing, and Guangzhou. This makes it one of the leading players in the commercial and office buildings industry in China.
Xinhua Group is also a major player in the overseas industry. The firm is active in more than 20 countries in Asia, Europe, and the Americas. It operates in countries like Japan, Thailand, Indonesia, United Kingdom, France, Germany, Italy, and the United States. The overseas investments of the firm have a total value of more than USD 10 billion which makes it one of the biggest foreign real estate players in the global market.
In terms of technology, Xinhua Group has made considerable effort to stay ahead of the competition. The firm uses cutting-edge technology in the construction field such as Virtual Reality (VR), 3D printing, and smart building systems. This puts it in the leading position to provide high-quality, cost-effective and innovative building solutions to its clients.
Moreover, Xinhua Group has a strong focus on sustainability. The firm is committed to green buildings and has implemented eco-friendly procedures in all its properties. This commitment to sustainability helps the company to reduce energy costs and minimize waste.
In addition to this, the company is also constantly exploring new opportunities. It recently announced a strategic alliance with UAE-based property developer Wasl Properties, in a deal valued at $50 million. Under this strategic alliance, the two companies will explore new opportunities in the Middle East property market, with a focus on residential, hospitality and commercial projects.
To sum up, Xinhua Group is one of the leading players in the real estate industry in the mainland China. With an extensive portfolio of projects and extensive experience in the global market, the firm is well positioned for growth in the coming years. It is also committed to sustainability, technology, and innovation and always on the lookout for new opportunities that can bring added value to its clients. With its current track record and future plans, Xinhua Group is undoubtedly one of the most significant real estate players in the world.
