SOHO China Ltd. history, profile and history video
SOHO China Ltd. engages in real estate development and property investment. The company operates through three segments: Completed Projects Held for Sale, Completed Investment Properties and Projects under Development. The Completed Projects Held for Sale segment includes projects which have been completed has obtained completion certificates for those projects. The Completed Investment Propertiessegment comprises of projects which has been completed and is held to earn rental income. The Projects Under Development segment involves projects which are under development. The company was founded on March 5, 2002 and is headquartered in Beijing, China.“
“Soho China company profile
Founded in 1995 by Chairman Pan Shiyi and CEO Zhang Xin, SOHO China focuses on developing high-profile branded commercial properties. The company collaborates with internationally-acclaimed architects, translating their innovative designs into iconic real estate which possesses strong appeal to property investors and the local businesses and customer bases which they serve. SOHO China has played a leading role in China’s urbanization. SOHO China’s 17 properties in Beijing have already become landmark buildings in the city’s modern skyline. Since 2009 the Company has successfully expanded into and established its presence in Shanghai, through the acquisition and development of a total of 12 properties.
SOHO China developments have attained tremendous commercial success, in large part due to the Company’s ability to roll out high-quality, innovative products in prime locations, specifically catering to China’s high net worth individuals and urban professionals.
On October 8, 2007, SOHO China was successfully listed on the Stock Exchange of Hong Kong (Stock Code: 410), raising proceeds of USD 1.9 billion. It has the distinction of being Asia’s largest commercial real estate IPO as of today. The company was also named as one of the “Most Admired Companies” in China by FORTUNE (China edition) Magazine for six times running from 2006 to 2012.”
*Information from Forbes.com and Sohochina.com
**Video published on YouTube by “ SOHO China“