Yanlord Land Group
From Taighde
Yanlord Land Group Limited is a real estate developer based in the PRC that focuses on developing high-end residential property projects in strategically selected key high-growth cities in China.
Since 2001 Yanlord has extended the geographical reach of its land bank portfolio of mixed and residential property developments into second-tier cities in the PRC, including Guiyang, Chengdu, Zhuhai, Tianjin and Suzhou. Typical Yanlord residential property developments are characterised as large-scale, multi-phased projects designed and built by nternational architects, leading designers and reputable contractors. The Group has also extended into commercial/residential mixed developments with a total Gross Floor Area (GFA) of approximately 550,000sqm from a total land bank of approximately 2.7 million sqm located at prime locations in various cities for commercial, office, hotel and serviced apartment developments which builds up the Group’s recurring income and asset value.
In 2006 Yanlord is reported to have recorded a 167% year-on-year growth to S$123.1 million from S$46.1 million in profit attributable to equity holders and achieved healthy gross profit margin and profit before tax margin of 43.2% and 41.5% respectively.
In late 2006, Yanlord entered into a joint venture with GIC Real Estate Pte Ltd in order to expand investments in the People's Republic of China.
Government Pension Fund of Norway
The Government Pension Fund of Norway held a 0.01% stake in the company as of December 31, 2009. The stake is valued at $217,297.
| Date | Ownership | Voting | Value |
|---|---|---|---|
| December 31, 2009 | 0.01% | 0.01% | $217,297 |
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