China Railway Real Estate

China Railway Construction Real Estate Group Co., Ltd. is a wholly-owned subsidiary of China Railway Group Limited (CREC) and a flagship enterprise of CREC's characteristic real estate business.
In 2005, the State-owned Assets Supervision and Administration Commission designated real estate as a core business of China Railway Group, providing the "entry permit" for the company to fully enter the real estate sector. To strengthen and expand its real estate segment, China Railway Real Estate was established in 2007. Currently, its registered capital is 13.1 billion RMB, with Class A qualifications in real estate development and property management.
In April 2022, to enhance its capacity to serve national strategies and deepen professional expertise, China Railway Group merged and reorganized China Railway Construction Real Estate Group Co., Ltd. and China Railway Cultural Tourism Investment Group Co., Ltd., aiming to build a flagship brand for CREC's characteristic real estate and urban-rural integrated development. After the merger, the enterprise's resource allocation became more concentrated, its industrial system more comprehensive, its business models more diverse, and its development reached a new starting point.
China Railway Real Estate currently owns 1 cultural tourism group, 8 regional companies in Beijing, Shanghai, Guangzhou, Shenyang, Shandong, Xi'an, Central and South China, and Guizhou, 6 specialized companies in exhibition operation, property management, construction management, investment management, cost consulting, and urban operation, as well as 3 business divisions. It has over 3,000 formal employees. The company implements a nationwide development strategy, focusing on core cities in the Beijing-Tianjin-Hebei region, the Yangtze River Delta, the Guangdong-Hong Kong-Macao Greater Bay Area, the Chengdu-Chongqing economic circle, and the middle reaches of the Yangtze River, as well as national central cities and provincial capitals. Its total assets reach 180 billion RMB, with an annual development capacity exceeding 10 million square meters and annual new contract value nearing 100 billion RMB. In 2023, China Railway Real Estate ranked 23rd among "China's Top 100 Real Estate Enterprises" and 20th among "China's Top 100 Real Estate Brands by Value".
China Railway Real Estate is committed to distinctive real estate development and building a first-class urban comprehensive investment, development, and operation operator. Its business covers urban industry, urban living, urban renewal, urban services, cultural tourism and health, rural revitalization, and ecological restoration. It has developed over 100 projects including residential, commercial, exhibition, cultural tourism, health, shantytown renovation, and agent construction/development. The cumulative land area developed and managed is approximately 120,000 mu, with a total investment exceeding 200 billion RMB. Among them, there are 2 super-large comprehensive eco-city projects with total investment exceeding 50 billion RMB, and 2 exhibition projects exceeding 40 billion RMB. It has successively built many well-known projects such as China Railway Qingdao Expo City, Guiyang China Railway Eco-City, Guiyang China Railway Yunzhu, Beijing Nord Villa, Changchun China Railway Expo City, Chengdu China Railway Chuntaiyue, and Meishan China Railway Eco-City. It has cultivated independent brands such as China Railway Nord, China Railway Expo City, China Railway Eco-City, China Railway Chuntaiyue, and China Railway Hui Life. The enterprise plays an active role in promoting local economic development, enhancing city image, improving residents' lives, and increasing employment.
Entering the new era, China Railway Real Estate will uphold the spirit of "Everlasting Trailblazer" of China Railway Group, fulfill the corporate mission of "Creating beautiful spaces and benefiting the public", and strive to become a first-class urban comprehensive investment, development, and operation operator, providing a better life for the people and contributing new momentum and achievements to national economic construction and urban-rural development.