Update on the delivery of multi-site projects in 2021
BEIJING, November 26, 2021 / PRNewswire / – Xinyuan Real Estate Co., Ltd. (“Xinyuan” or “the Company”) (NYSE: XIN), a NYSE-listed real estate developer operating primarily in China and also in other countries, today updated its delivery of multi-site projects in 2021.
From January to October 2021, the group completed and delivered more than 9,000 units of 12 projects in eight cities of China, totaling 1.05 million square meters. The areas delivered in 1 to 10 months reached a record level over one year in the history of the group. The major projects delivered are located at Henan, Shandong, Sichuan provinces and cities of Tianjin and Shanghai.
Zhengzhou New International City
From the end of October 2021, 1,789 units of Zhengzhou International New City III were delivered, totaling 164,000 square meters. Among them, Zhengzhou International New City III Project B delivered 499 homes in a single day, setting a record for Xinyuan Group single-day delivery in recent years. The project is located in the highlands of the city center, in the 3rd ring road south of Zhengzhou, and enjoys all the amenities and luxuries of a bustling city. Property amenities include a beautiful courtyard and top quality property management services, allowing tenants to enjoy all tastes of a thriving urban lifestyle.
Jinan Royal Spring Bay
After several years of meticulous work, Jinan Royal Spring Bay project was delivered as planned, in May 2021, and by the end of October, it had delivered 738 units, totaling 95,000 square meters. The project is located in the center of Zhangqiu city, Shandong Province. RT-Mart, Oriental Cold Storage, Tangren Center and other living facilities are within 2 km of the project.
Chengdu Xinyuan City
From January to October this year, Chengdu Xinyuan City delivered 1,612 units, totaling 127,000 square meters. The project is located in Shu Du New Town in the Pi Du district in Chengdu. The location is surrounded by natural resources and is only 800 meters from Xinyuan Town, which offers various business facilities including shopping malls, restaurants, etc. It is close to Medi River, City Park, Knowledge Park, Cuckoo Park and Chuangzhi Park.
The city of Central china
As of October of this year, The Makers’ Town of Central china delivered 942 units, totaling 546,000 square meters. The project is located at the intersection of Zhangqiu Zheshan Avenue and Fu’an Road. It contains a total area of 1,350 acres, with a total construction area of 1,232 million square meters.
Qingdao Royal Dragon Bay
From January to October this year, Qingdao Royal Dragon Bay delivered 697 units, totaling 103,000 square meters. The project is located at the intersection of Binhai Avenue and Xueyuan Road, Huangdao District, Qingdao, about 2 km from Wanda Oriental Movie Metropolis, about 300 meters from subway line 13, 800 meters from Lingshanwei bus station and 1.5 km from Lingshanwei middle school. The total area of the project is 64,400 square meters and the total building area is 219,500 square meters. The building components consist of 10 high rise buildings (15 ~ 33FL), 8 garden houses (6 ~ 10FL), 1 office building (20FL) and 1 commercial building (1FL).
Tianjin Spring Royal Palace
As of October this year, the Royal Spring Palace in Tianjin had delivered 372 units, totaling 72,000 square meters. The project is located in the Wuqing district of Tianjin, near Beijing–Tianjin intercity railway and six major highways. This prime location allows for convenient transportation between cities Beijing–Tianjin–Hebei areas.
Kunshan Xinyu Jiayuan
As of October this year, Kunshan Xinyu Jiayuan had delivered 315 units, totaling 45,000 square meters. The project is located in Huaqiao International Business City, about 300 meters from the 11 Zhaofeng Road metro line station, with a total construction area of 148,000 square meters. The project consists of an 83-meter skyscraper and a 188-meter skyscraper, which forms a new landmark of the city.
Xinyuan has also completed the construction of its two Hudson Garden project in Manhattan and the Amory Tower Project (previously named The Madison Project) in Canary Warf, London.
Hudson Garden project is located at 10th Avenue in Manhattan Clinton neighborhood in new York. The project consists of a 7-story mixed-use program, offering 92 residential apartments comprising of studios, 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom apartments, including 35,000 square feet of retail space. The development was completed in 2021 and will be delivered to the buyer in the coming months.
The Amory Tower Project (previously named The Madison Project) is located in Canary Wharf, a 10-minute walk from the rugged office and amenities offerings of Canary Wharf. At a height of 182 meters, the 53-storey residential tower offers views of the entire London, the Thames, the O2 and Canary Wharf. The whole project was completed in September 2021, and more than 254 units have been sold and delivered by december 2021.
About Xinyuan Real Estate Co., Ltd.
Xinyuan Real Estate Co., Ltd. (“Xinyuan”) is a NYSE-listed real estate developer primarily in China and also in other countries. In China, Xinyuan develops and manages large-scale, high-quality real estate projects in more than ten level one and level two cities, including Beijing, Shanghai, Tianjin, Zhengzhou, Jinan, Qingdao, Chengdu, Xi’an, Suzhou, Dalian, Zhuhai and Foshan. Xinyuan was one of the first Chinese real estate developers to enter the US market, and in recent years has been active in real estate development in new York. Xinyuan aims to provide comfortable and convenient real estate products and services to middle class consumers. For more information, please visit http://www.xyre.com.
Certain statements contained in this press release constitute “forward-looking statements”. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding future debt and financial condition, potential future collaborative efforts, between others, and can generally be identified by terms such as “will”, “expect”, “anticipate”, “the future”, “intend”, “plan”, “believe”, “estimate” and similar statements. Statements that are not historical statements are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including, but not limited to, our ability to continue to execute our business model successfully. ; our ability to obtain adequate financing for the development of our projects; our ability to sell or successfully complete our real estate projects under construction and planning; our ability to successfully enter new geographic markets and new lines of business and to expand our operations; the marketing and sales capacity of our third-party sales agents; the performance of our third party subcontractors; the impact of laws, regulations and policies relating to real estate developers and the real estate industry in the countries in which we operate; our ability to obtain permits and licenses to operate our business in accordance with applicable laws and regulations; competition from other real estate developers; the growth of the real estate sector in the markets in which we operate; the impact of pandemics, such as Covid-19, on the real estate market and the economies of our markets; fluctuations in general economic and business conditions in the markets in which we operate; and other risks described in our public filings with the Securities and Exchange Commission, including our annual report on Form 20-F for the year ended December 31, 2019. Except as required by law, we do not undertake to update or publicly review forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statement is made. done.
For more information please contact:
Xinyuan Real Estate Co., Ltd.
Sir. Rick wang
Investor Relations Department
Phone. : +86 (10) 8588-9376
E-mail: [email protected]
SOURCE Xinyuan Real Estate Co., Ltd.