Xu Rongmao SHIMAO GROUP Part 2

From the lions into the real estate industry

1989 is Xu Rongmao investment in another "watershed", Xu Rongmao a foot a year for "hitting" into the real estate. And he has the one "experimental field" in the choice of home lions.

Many people may have the impression lions, Xu Rongmao after returning, in one stroke for huge amounts of money to build the hotel-lion and the lion-economic development zone and then proceeded to the development of an area of 6,000 acres of "Taiwanese Gold Coast resort" and become the largest stone lions Real estate investors.

But the swiftly changing, Xu Rongmao caught unprepared. For reasons known to all, the domestic investment environment suddenly become uncertain, taking into account the safety of their investment, Xu Rongmao was slowing down in the Mainland of these projects, in 1991, Xie Qi scallops to Australia.

In Australia during the period, Xu Rongmao still not given up the pace of investment. He invest a lot of money, in Sydney and the northern city of Darwin, Australia start real estate business.

Under the Imperial root of the high-end market

1995, a Beijing real estate market slump, developers have Jiaokubudie. At the same time, with a Taiwanese accent of the middle-aged man has roots in the imperial capital under frequent enclosure.

1995, Xu Rongmao the development of an area of 100,000 square meters in the Asian Games Garden. 1997, covering 200,000 square meters of central China and Macao Open. 1999, covering 160,000 square meters of the Zizhu Garden Open. 2000, covering 200,000 square meters of the Royal Lagoon Park Open, the total investment reached 4 billion.