皇冠体育app

Sino-Ocean eyes commercial properties

Updated : 2014-01-03 By : Liu Zheng in TianjinSource : chinadaily.com.cn

Sino-Ocean eyes commercial properties
Children receive rewards from the Future Angle Children Fund, which was jointly established by the Tianjin Sino-Ocean We-Life Future Plaza and Tianjin Children's Palace, at the opening ceremony of the Tianjin Sino-Ocean We-Life Future Plaza held on Jan 1, 2014 in Tianjin. [Photo / Provided to chinadaily.com.cn]

Founded in 1993, Sino-Ocean Land Holdings was listed on the Main Board of the Hong Kong Stock Exchange on September 28, 2007. The company focuses on developing mid-to-high end residential properties, along with high-end office and retail facilities.

According to a 皇冠体育app Daily report from Aug 21, 2013, Sino-Ocean Land jointly worked with Columbia Pacific Management, a company based in Seattle, US, to develop and invest in an upscale senior-living community on the southern outskirts of Beijing, and subsequently won a for-profit operating license.

The business strategy of Sino-Ocean Land’s commercial properties development has the slogan "Four, Three, One Method," which means 40% percent of Sino-Ocean Land's total assets will be invested in the development of commercial real estate, to make 30% percent profit and the revenue will reach to 10% of the general turnover of the company.

According to a recent Sino-Ocean Land press release, in the next two years, the company will roll out 500 thousand square meters of commercial real estate in Beijing, Tianjin, Shenyang, , Hangzhou and Zhongshan with yearly opening projects secured at over 200 thousand square meters.

Before the Tianjin Sino-Ocean We-Life Future Plaza, a We-Life Future Plaza opened on Feb 2, 2013 in Beijing's Chaoyang district.

Sino-Ocean eyes commercial properties
An international standard ice stadium is a big attraction at the Tianjin Sino-Ocean We-Life Future Plaza. [Photo / Provided to chinadaily.com.cn]

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