[photopress:JeffreyFinnNAI.jpg,full,alignright]NAI Global, an international network of independently owned commercial real estate brokerage firms, has signed on Yuxing Real Estate, the leading real estate firm in Zhejiang Province in Hangzhou. The new entity, NAI Yuxing, brings NAI Global’s number of offices in China up to four.
According to NAI, Zhejiang Province is one of the fastest-growing markets in China. Jeffrey Finn, NAI Global president and COO, seen above, said, ‘NAI Yuxing has a very strong foundation in residential, and now it’s building up the commercial side. Our investors and corporate clients need to get access to labor pools and infrastructure that are in places that aren’t as recognized in the U.S. The commercial real estate industry is very immature once you get out of Beijing and Shanghai.’
NAI Global has the goal of expanding its China portfolio of four offices to nine by the middle of the year. Jeffrey Finn said, ‘We started our presence in China and now we’ve targeted about 20 markets throughout the country that we want to expand into.’
Source: CP Online