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Group Profile



Verakin Real Estate Co., Ltd. (hereinafter referred to as "Verakin Real Estate " or "the company") was incorporated in 2004, and is a Grade-1 Qualification of Real Estate Developer and Grade-1 Qualification of National Property Service Enterprises by Ministry Housing and Urban-Rural Development of China. In 2011, the company joined MIT Global Industrial Liaison Program, being the first real estate developer of mainland China to join the program. The major business of the company include real estate development, property sales, commercial operation, property service, education management, investment and assets management. The company has a registered capital of 302.8 million Yuan, a capital reserve of 57.34 million Yuan. By December 31, 2015, the total assets of the company exceed 8.1 billion Yuan. The company practices group management, with over 20 subsidiary companies and branch companies and over 1600 staff.
 
Started with the development of Project “ Nan’an Verakin New Park City” , Verakin Real Estate begins its journey in Chongqing. Since the foundation of the company, Verakin has developed and is developing “Nan’an Verakin New Park City”, “Verakin
Le Charme”, “Verakin Rive Gauche a Paris”, “Bishan Verakin New Park City”, “Verakin Yoho City”, “Verakin Place’, “Liangjiang Inteligent Eco-City” and “ Verakin Center” Projects. By the end of 2015, the floor area of projects Verakin  has developed and turned over is 2.11 million ㎡, residences turned over 20363. The floor area of projects in development is 869000 ㎡. Besides, there is a land reserve of 700,000 ㎡.

Verakin Real Estate Co., Ltd. commits to its obligations and responsibilities as a corporate citizen, abides by operation regulations, pay taxes by law and is enthusiastic on public welfare. November 2014, Verakin Real Estate Co., Ltd. and Chongqing Charity Federation co-funded the first 100 million charity fund of Chongqing real estate sector---Verakin Charity Fund. By December 31, 2005, the company has accumulatively paid a tax of 2.2 billion Yuan and donated over 65 million Yuan to the society over the years.