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Nimble Group is awarded as a Top 100 Property Developer by China Real Estate Association

time:2017-03-24

Co-hosted by China Real Estate Association and China Real Estate Appraisal, Briefing on Appraisal Results of 2017 Top 500 Property Developers in China took place in Beijing on March 22. The appraisal has been run annually for nine years in a row, whose results have become a key index for fully evaluating the overall strength and industry status of real estate developers and have received wide public recognition in guiding companies’operations and market positioning and driving them to improve comprehensive capability and brand quality.

Policies on property market in 2016 were loosened first but then tightened. Commodity housing saw record highs both in sales area and sales amount. However, investment in real estate development and new construction area remained at a slow growth rate and the risk of overstock of commercial offices and housing in tier 3-4 cities increased instead of decreased. Against such a backdrop of challenges and opportunities coexisting, Nimble’s inclusion in the Top 100 by the two organizations signifies a full recognition of its great performance over the last year brought by its remarkable profitability and operating capability.

In 2016, Nimble sped up to destock and optimized its financial structure,which promoted the overall rise in sales with property contract sales topping 20 billion yuan. Presently, the company has developments spreading in 15 largeand medium-sized cities including Guangzhou, Zhongshan, Foshan, Dongguan, Shantou, Yangjiang, Qingyuan, Shaoguan, Zhaoqing, Yunfu, Baotou, Ordos and Sanya, forming a nationwide strategic layout with Pearl River Delta at the core. Thereamong, Guangzhou is its main source of business. As of the end of 2016, Nimble’s developments in Guangzhou contributed up to 55% to the total sales amount of the company’s 47 developments available and the second place went to Zhongshan with 15%. The two major brands created by the company- Splendid and Nimble, have successfully made their appearance starting from Panyu to other districts in Guangzhou and the rest of the country. In particular, the development brand of Nimble has enabled its perfect combination with the company brand, securing a substantial leap in company brand and pushing the company to become one of the top real estate developers in China.

     

       

   Nimble received the award.

Nimble has made all-round and diversified strategic planning in development location, product developing, management, branding, talents, culture and other areas for faster and better development. In development location, the company focuses on exploring the Pearl River Delta like Guangzhou and also actively looks for proper places across the country to conduct business; in product developing, Nimble has gradually moved from only offering residential products to adding five-star hotels, Grade A office buildings, coastal resorts and large commercial complexes; in management, the company highlights on teamwork efficiency, clarifying power and responsibility. Besides, through standardized operations, Nimble has created a scientific and complete modern management system to better control management costs and ensure operations in alarge scale.

In 2017, Nimble will stick to its agreed strategic planning and maintain sound operational capability and financial position so that the company could grow steadily and fulfill its commitment of building a dream home and making a better life.

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