Greenland Group announced an overseas expansion plan to bolster global operations and improve the distribution and the level of management of its global investments in the next five years, aiming for a trans-nationality index at above 25% by 2020.
Data from Greenland Group show that it currently has invested over US$60 billion for over 75 million sqm in global real estate, of which over US$20 billion are invested in over 100 hotels in tourist destinations.
Greenland group started its globalization in 2013 with one of its “Six Core Projects” a health tourism investment in South Korean on Jeju Island. In the past two years it has expanded to over 12 cities is nine countries including Sydney and Melbourne in Australia, and Los Angeles and New York in the USA.(Translation by David)
