M88 Game’s Pacific Park project, the largest greenfield investment by a Chinese company in the United States, has started

Invest 6 billion US dollars in the M88 Game States, overseas pre-sales in 2014 will reach 3.9 billion US dollars

M88 Game York Mayor Bill de Blasio、Cheng Lei, Deputy Consul General of China in M88 Game York, attended

Following Sydney、Los Angeles、After Toronto，Greenland Group continues to expand its brand influence in first-tier international cities，Greenland’s projects in the United States are about to usher in a M88 Game round of performance explosion。December 15, M88 Game York, USA local time，The Pacific Park project in Brooklyn, M88 Game York, USA, jointly invested and developed by Greenland Group USA and Forest City Ratner Companies (Forest City Group M88 Game York Company) (Greenland Group USA holds 70% equity), has officially started construction。M88 Game York Mayor Bill de Blasio (Bill deBlasio）、Cheng Lei, Deputy Consul General of China in M88 Game York, attended the ceremony。The total planned investment of this project exceeds 5 billion US dollars，It is one of the largest real estate complex projects in M88 Game York in the past 30 years，It is also the largest investment by a Chinese real estate company in the United States to date。plus Los Angeles Greenbelt Center project，Greenland’s total investment in U.S. projects reaches US billion。Today，Greenland Group also announced that its overseas pre-sales in 2014 will reach US.9 billion。

The M88 Game York Pacific Park project started this time is located in the center of Brooklyn，Close to Barclays Stadium and the largest shopping mall in Brooklyn。Convenient transportation，12 subway lines、16 buses、Surrounded by Changdao Railway Station，Only a 10-minute subway ride to Wall Street in Manhattan。The total area of ​​the project is about 6.450,000 square meters，The total planned construction area is nearly 600,000 square meters，Planning and building a large comprehensive community。The 14 buildings planned for the project include 6,067 rental apartments and salable residential units、Business offices and hotels。Community planning and construction of complete supporting facilities，Includes M88 Game York City public high schools、Health Center、Senior Activity Center、8 Acres Open Park、Public Art Activity Area、Shopping malls, etc.，The first mid- to high-end residential project available for sale is named 550 Vanderbilt Ave.），Equipped with private lobby、Library、Children’s Playroom、Buffet Restaurant、Conference Room、Private dining room、Sports Center、Rooftop outdoor barbecue and other facilities。

Before cooperating with Greenland Group，This project took ten years，Carry out planning and design、Preliminary preparation，And built the Barclays Center。December 2013，Greenland Group America and Forest City Group M88 Game York signed a joint venture agreement，And the project will be delivered in July this year、Established a joint venture，Jointly acquired the project held by the developer，Working together to inject capital and efficiency into the project，Promoting the development and construction of this project has greatly accelerated since then。As one of the largest real estate complex projects in M88 Game York in the past 30 years，The construction scale and investment of the project and the supply of housing，Significant to M88 Game York City。As a Chinese investor, Greenland has brought a huge boost to M88 Game York’s urban construction and regional economy，Also received support and praise from the M88 Game York City Government and the Brooklyn Borough Government。A market analyst pointed out，In addition to the location of the project、In addition to scale and other factors that determine its importance，The project also has a huge boosting effect on the M88 Game York real estate market which is in the process of recovery。As the largest investment project of Chinese real estate companies in the United States，His capital in China goes overseas、Enterprise globalization and other aspects，Also iconic。

With the official start of construction and marketing promotion of the Pacific Park project in Brooklyn, M88 Game York，According to the comprehensive market feedback information in the early stage of the project，Greenland’s investment in the United States，Is about to enter a period of explosive performance。Greenland USA disclosed，The M88 Game York project plans to launch sales next year，Promote to local and international customer groups at the same time，Build a large-scale diversified comprehensive community，Same positioning as the first phase of the Los Angeles Greenland Center project for sale，To promote the local influence of Greenland brand to take root in the United States、Continuous improvement。As of now，The first phase of the Greenland Los Angeles project has been booked more than 60%；Pre-booking for the second phase of the project is about to begin，It is expected that bookings and pre-sales will reach RMB 4 billion within the year。

To this，Chairman of Greenland Group、President Zhang Yuliang said，Greenland continues to be optimistic about the US market，The U.S. economy continues to recover，The overall real estate market is in a period of steady growth，The market demand is still huge，M88 Game York is a safe place for long-term investment。CBRE report shows，In China’s investment in U.S. commercial real estate from 2007 to 2013，M88 Game York area accounts for 78% of real estate。Major metropolitan areas in the United States in October 2014，Like M88 Game York、San Francisco、The year-on-year increase in housing prices in cities such as Los Angeles remains above 5%。Next step，Greengreen will continue to increase its efforts to expand in the US market。Except for existing investment projects，Greenland will also pay close attention to M88 Game York、Los Angeles、Chicago、Investment opportunities in San Francisco and other places，Further in-depth interaction with local business associations and social groups，True realization of sustainable development of overseas investment and operations。