China Merchants Property

Last updated
China Merchants Property Development Company Limited
招商局地產控股股份有限公司
Subsidiary (former public company)
Traded as
Industry Real estate
Founded1984
Headquarters,
China
Area served
People's Republic of China
Key people
Chairman: Mr. Lin Shaobin
Parent Shekou Industrial Zone Holdings
Website China Merchants Property Development Company Limited

China Merchants Property Development Co., Ltd. was established in Shenzhen, China in 1984 and it is the real estate flagship of China Merchants. It offers residential properties in China cities, including Shenzhen, Zhuhai, Zhangzhou, Foshan, Guangzhou, Shanghai, Suzhou, Nanjing, Beijing, Tianjin and Chongqing. [1]

Shenzhen Prefecture-level and Sub-provincial city in Guangdong, Peoples Republic of China

Shenzhen is a major city in Guangdong Province, China; it forms part of the Pearl River Delta megalopolis, bordering Hong Kong to the south, Huizhou to the northeast, and Dongguan to the northwest. It holds sub-provincial administrative status, with powers slightly less than those of a province.

China State in East Asia

China, officially the People's Republic of China (PRC), is a country in East Asia and the world's most populous country, with a population of around 1.404 billion. Covering approximately 9,600,000 square kilometers (3,700,000 sq mi), it is the third- or fourth-largest country by total area. Governed by the Communist Party of China, the state exercises jurisdiction over 22 provinces, five autonomous regions, four direct-controlled municipalities, and the special administrative regions of Hong Kong and Macau.

Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings, or housing." It is a legal term used in jurisdictions whose legal system is derived from English common law, such as India, England, Wales, Northern Ireland, United States, Canada, Pakistan, Australia, and New Zealand.

Contents

In 2015 it was privatized. However, its direct parent company became a listed company instead.

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References

  1. China Merchants Property Dev. Co., Ltd.