Poly Real Estate Group Co., Ltd. is a Chinese

real estate 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, (more genera ...

developer, and a subsidiary of state-owned

China Poly Group China Poly Group Corporation () is a state owned Chinese business group among 102 central state owned enterprises under the supervision of State-owned Assets Supervision and Administration Commission of the State Council (SASAC). It is both prim ...

. It principally engaged in the design, development, construction and sale of residential and commercial properties, as well as the provision of property management services. It is engaged in residential and commercial

property development Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re- lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to othe ...

and

property management Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monit ...

services in China. Poly Real Estate is headquartered in

Guangzhou Guangzhou (, ; ; or ; ), also known as Canton () and alternatively romanized as Kwongchow or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about north-northwest of Hong ...

, Guangdong Province. It was listed on the

Shanghai Stock Exchange The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Excha ...

on 31 July 2006. Poly Real Estate is a consistent of blue chip indexes SSE 50 Index, FTSE China A50 Index and other indexes. In 2015 Poly Real Estate launched Poly Global, a subsidiary that focuses on international developments. Poly Global began its operations initially in Australia as Poly Australia, and since then operations have expanded into the UK and USA. Poly Global's headquarters is in Hong Kong with offices in Sydney, Melbourne, Brisbane, London and Los Angeles.

Land Holdings

As of September 2009 Poly Real Estate had land reserves totaling 23.5 million square meters.

Shareholders

, the largest and controlling shareholder of the company was state-owned

, which owned 2.82% shares directly and via subsidiary "Poly Southern Group Co., Ltd." () for an additional 38.05%. The Chinese Central Government also owned additional shares via China Securities Finance and Central Huijin. Other entities that owned >3% shares were private equity funds of

Taikang Life Insurance Taikang Life Insurance Company Limited is a Beijing-based, China-incorporated life insurance company, the fourth largest life insurer by premium income in China, offers services ranging from life insurance to asset management. It was founded i ...

(4.15%) and AnBang Property & Causality Insurance (3.41%).

References

External links

* {{authority control Companies in the CSI 100 Index Companies listed on the Shanghai Stock Exchange Real estate companies of China Chinese companies established in 1992 Real estate companies established in 1992 Government-owned companies of China Companies based in Guangzhou China Poly Group

Land Holdings

Shareholders

See also

References

External links