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Profitable Industrial Real Estate Drives Country Garden to Invest in Tech Town

2016.08.22
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A comprehensive industrial real estate project named “Tech Town” stands out from the huge industrial system of Country Garden (02007.HK) and has been attracting increasingly extensive attention. The leadership of Guangdong Province paid a visit to the headquarters of Country Garden and investigated there for nearly two hours in the morning of August 9 to learn more about the planning and design of science and technology town, preparation and progress of the project in early stage, as well as development of enterprise’s innovation culture and so on.

Country Garden Tech Town is a start of the Group’s journey to industrial real estate, with its first project settled in Huizhou, Guangdong. The Group preliminarily plans to build 10 similar comprehensive industrial projects in districts near Shenzhen around Shenzhen to hold spilled innovative industries and meet housing demands in Shenzhen.

In recent years, many traditional real estate enterprises have set their foot in industrial real estate. How can Tech Town of Country Garden make a breakthrough facing such intense competition?