The Real Estate Encyclopedia
ZY Real Estate [ Beijing - Shanghai - Hong Kong ]
Category - Global Real Estate - International General
ZY Real Estate is the only independent fee-developer in China with a proven successful track record of serving foreign investors and generating returns of over 30% IRR.

ZY Real Estate was established in 2001 as the Development Manager of China Property Development Fund launched by ING Real Estate. Over the years ZY Real Estate has grown to become a full service development management company and added capabilities of fund management and property consultancy covering all types of commercial and residential projects.

The Company's core business is to provide professional development management services for international institutional investors in relation to property development. The company has an established international client base and is capable to provide clients with professional investment and advisory services coupled with development management capability. Its development division is knowledgeable in both residential and commercial sectors. ZYRE currently has five projects under development with total gross floor area of over 600,000 square meters covering apartments, villas and commercial properties.

The well received high-end residential development project, Richmond Park in Beijing, is ZYRE’s latest milestone. The successful sale of the project to a local developer at the end of 2007 enabled its investors exited with an IRR return of over 30% backed by an investment return audit conducted by KPMG. ZYRE has facilitated the whole process from identification of the buyer to completion. The transaction was a significant achievement for foreign investors to exit through domestic project sale, and also demonstrated ZYRE’s excellent skill in capturing the best market conditions for an exit.

In addition to ZYRE’s proven development capacities, ZYRE is also providing development consultancy services for domestic and international clients on a long list of development projects.

ZYRE’s deep rooted local strength also comes to the surface in finding investment opportunities: Its pipeline of real estate investment projects consists of 10 to 20 projects per month with a first degree of due-diligence done, exclusively for ZYRE clients.

The Company's financial division is a private equity real estate investment company, operating client investor accounts and managing two real estate funds in addition to direct investments. The two funds under management are open-ended funds classed as development and opportunistic, focusing on high return investment opportunities in China real estate. The target IRR return on investments is over 25% and the size of investments range from USD 50 million to over USD 120 million. The company is currently managing investments in excess of USD 600 million.

With offices in Beijing and Hong Kong, ZY Real Estate possesses the necessary capital resources, professional expertise, track record, and local network to serve international clients and produce superior returns.

Jurgen Sala

Director of Research and Business Development,

Jurgen Sala from the Netherlands has over 15 years experience in real estate. Familiar with international construction standards and developed expertise in antique as well as contemporary building materials.

Mr. Sala joined ZYRE in 2005 and, in his position, he represents ZYRE in many international marketing activities and in engaging discussions with international partners to explore business opportunities. He was also involved in the development of the company's Richmond Park project and supported the due diligence works of many new investments. Before joining ZYRE, Mr. Sala worked for Century 21 Real Estate in Beijing since 2003 as International Business Manager and has acquired good knowledge of the China property market.

He speaks English, Dutch, French, German and conversational Mandarin. Graduated at the Dutch Institute of Commerce, and later studied Real Estate at the Fontys Institute of the Dutch Real Estate Association

Contact Details
Email: jurgen.sala[at]zyrealestate[dot]com
Mobile: +86-13501179530

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