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CCCG Overseas Real Estate Pte. Ltd.("CORE") was established in Singapore in 2015.CORE was initiated and founded by China Communications Construction Group ("CCCG"), which is a State-Owned Enterprise governed directly by China's State-owned Assets Supervision and Administration Commission of the State Council.CORE is the exclusive platform responsible for CCCG overseas real estate business.Currently,CORE has the registered capital of USD 100 million,the equity capital will be increased to USD 500 million by 2017.


 
The basic business strategy of CORE is "Integrated advantages to build a strong brand and Synergized developments leading to sustainable growth". CORE will apply suitable business strategies in different market tiers, ie.Developed property market, emerging property market and primary property market.CORE will build integrated advantages and strong brand by means of cooperation with leading developers in developed real estate market,and synergize with CCCG's overseas infrastructure construction business in the emerging markets for a long term sustainable growth.CORE intends to build the entire real estate value chain from land development, property development and asset management to fund management via acquisition some medium size outstanding real estate firms in developed market.

 

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