ZY Real Estate is an independent real estate finance and development management company.
In 2002, China Property Development Fund was launched by ING Real Estate in cooperation with Beijing Capital Group. ZY Real Estate was formed to be the Project Manager of the Fund with its management made up of Beijing Capital Group and ING Real Estate professionals. Beijing Capital Group is one of the largest real estate companies in Beijing and directly owned by the Beijing Municipal Government. The combination of in-depth local knowledge with professional international management made ZYRE unique in the China real estate sector.
Over the years ZY Real Estate has grown to become a multi-project development management company and added capabilities of fund management and property consultancy covering all types of commercial and residential projects.
The Company's core business is to provide professional development management services for international institutional investors in relation to property development. The company has an established international client base and is capable to provide clients with professional investment and advisory services coupled with professional development management capability. Its development divisions are knowledgeable in both residential and commercial sectors. ZYRE currently has three projects under development with total gross floor area of over 600,000 square meters covering apartments, villas and commercial properties. In addition, it is also providing development consultancy services for domestic and international clients on a long list of development projects.
The Company's financial division is a private equity real estate investment company, operating client investor accounts and managing two real estate funds in addition to direct investments. The two funds under management are open-ended funds classed as development and opportunistic, focusing on high return investment opportunities in China real estate. The target IRR return on investments is over 25% and the size of investments range from USD 50 million to over USD 120 million. The company is currently managing investments in excess of USD 600 million.
With offices in Beijing, Hong Kong and Shanghai, ZY Real Estate possesses the necessary capital resources, professional expertise, track record, and local network to serve international clients and produce superior returns. |