For others real estate companies of the same name, see Suning.
Suning Real Estate Co., Ltd.
Native name
苏宁置业集团有限公司
Company type
Limited company
Industry
Real Estate
Founded
2002
Founder
Zhang Jindong
Headquarters
16th floor, 68 Huaihai Road,
Nanjing
,
China
Key people
Zhang Jindong (chairman)
Lou Xiaojun (vice chairman)
Net income
CN¥4.742 million[1] (Q1–3 2015)
Total assets
CN¥54.639 billion[1] (Q1–3 2015)
Total equity
CN¥7.985 billion[1] (Q1–3 2015)
Owner
Zhang Jindong (65%)[1]
Suning Appliance Group (25%)
Zhang Kangyang (10%)[2][3]
Website
suningestate.com
Footnotes / references in consolidated balance sheets (unaudited)[1]
Suning Real Estate Co., Ltd. (Chinese: 苏宁置业集团有限公司) is a Chinese real estate company. It was privately held by the founder of Suning.com, Zhang Jindong, for 65% stake.
Suning Plaza, Zhenjiang and Nanjing Olympic Suning Tower were under construction by the company. Suning Plaza, Wuxi was completed in 2014. Some properties of Suning Real Estate were leased back to Suning Commerce Group.[4]
In 2010 Hyatt signed an agreement with Suning Real Estate, for management of three hotels: Park Hyatt Nanjing (in Suning Plaza, Nanjing, originally Grand Hyatt Nanjing), Hyatt Regency Wuxi (in Suning Plaza, Wuxi ) and Hyatt Regency Xuzhou (in Suning Plaza, Xuzhou).[5] In 2011, Hyatt Regency Zhenjiang in Suning Plaza, Zhenjiang was added.[6] It was announced that Grand Hyatt Nanjing would be opened in Suning Ruicheng (Chinese: 苏宁睿城).[7]
Suning Real Estate also signed an agreement with French hotel group Sofitel for several hotels, such as Sofitel Nanjing Galaxy Suning, Sofitel Nanjing Zhongshan Golf Suning and Sofitel Lianyungang Suning.
^ abcde"关于苏宁云商集团股份有限公司部分商标转让及使用许可关联交易的保荐机构意见" [Comments on Suning Commerce Group selling some registered trademarks to related-parties] (PDF). China Merchants Securities (in Chinese). hosted by SZSE. 31 March 2016. Retrieved 8 June 2016.
^2014 data qichacha.com
^government database
^2015 Annual Report Suning Commerce Group (in Chinese)
^"Hyatt Strengthens China Portfolio with Announcement of Three New Hotels". Hyatt. 6 January 2010. Retrieved 8 June 2016.
^"HYATT INTRODUCES HYATT PLACE® AND HYATT HOUSE™ IN ASIA WITH AGREEMENTS FOR THREE HOTELS IN SHANGHAI". Hyatt. 12 October 2011. Retrieved 8 June 2016.
^“南京苏宁君悦酒店”签约仪式成功举行 2016-06-07 Suning Real Estate
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