Following a very successful 2014, the group plans to publicly list its state-owned property development company.
The world's third fastest growing company, Greenland Group, has announced it will list its state-owned property development company, Greenland Holding Group Co Ltd, on China’s domestic A-share market this year.
The Australian arm of the group is currently working on four major Australian property projects, including Greenland Centre Sydney, which will be Sydney’s tallest residential tower.
The announcement comes after Greenland Group released its 2014 Business Performance report. Greenland achieved 402.1 billion yuan in 2014 and is planning on revenues of up to 450 billion yuan in 2015, significantly driven by its real estate industry revenue, which increased by 50 per cent to 240.8 billion yuan.