国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Companies

Aedas in plan to expand around China

By Xu Wei in Chongqing (China Daily) Updated: 2012-05-17 10:55

The architectural design company Aedas aims to open six more offices on the Chinese mainland to take advantage of a booming commercial property market, according to company Chairman Keith Griffiths.

The Hong Kong-based company, which employs the world's largest number of architects, is set to open its Chongqing and Xi'an offices this year, and recruitment for these offices has begun.

The company also plans to have offices in cities such as Wuhan, Changsha, Shenyang and Guangzhou.

"It is not anything unusual to have six to eight or even 10 offices in China," said Griffiths in an exclusive interview recently. "It is because China is developing so fast and we are just tracking that growth."

The past two years have seen Greater China's contribution to the company's profits rise from less than 50 percent to 70 percent. There has been "quite steady growth" in Greater China, unlike Europe or the United States, Griffiths said.

The fast growth in China reflects Chinese developers' shift to commercial property as the government maintains curbs on the residential segment.

These curbs began in 2010 and include higher down payments, higher loan rates, a ban on third-home purchases and property-tax trials.

Some leading residential developers like Poly Group Corp plan to increase the proportion of commercial property development in their business.

The change in emphasis has become increasingly evident to Aedas during the past two years.

"We used to get lots of requests for residential work, but the number of requests for mixed commercial sites increased significantly during the past two years," he said.

Aedas specializes in such sites, as well as transportation property developing.

"Now all cities in China, virtually without exception, are looking at mixed commercial development," said Griffiths.

"Developers are looking at other types of development than residential buildings. That's good. That's what we need," he said.

Meanwhile, Ken Wai, managing director of Aedas China, said developers are also eager to hold portfolios of long-term assets for leasing. "They have to think ahead and make sure the property gives them good returns. That's why they need good architects," he said.

"We've got a more careful market in China now. The developers are looking for extra value. The developers are going to ask the architects to be very careful about their designs."

The opening of more offices in more cities also has to do with the company's localization effort.

"We need to understand the local culture, climate, geography and politics. From that we can make a building that truly fits the city," Griffiths said."We can only achieve that by recruiting local architects" and training them to international standards, he added.

xuwei@chinadaily.com.cn

Hot Topics

Editor's Picks
...
荔浦县| 绥滨县| 宁强县| 临沧市| 日照市| 涞源县| 盐亭县| 南陵县| 祁连县| 霞浦县| 陕西省| 新乡市| 武清区| 濮阳市| 米林县| 翁牛特旗| 甘洛县| 喀喇沁旗| 增城市| 青龙| 虹口区| 凤凰县| 桃园县| 绩溪县| 四川省| 达日县| 平遥县| 洞头县| 台前县| 鲁甸县| 霍山县| 定西市| 永新县| 谢通门县| 襄樊市| 泊头市| 郸城县| 金沙县| 辽宁省| 沅陵县| 蕲春县|