NAI Global has increased its coverage of China with the formation of NAI Derun in Xiamen. Established in 2003, NAI Derun is the top-ranked commercial real estate firm in the Fujian Province, which is located on China's southeast coast. NAI Derun is a full-service real estate firm specializing in office and retail properties. Its services include leasing and sales brokerage, investment services, asset and portfolio management, valuation and development.
"The addition of NAI Derun expands our coverage into one of the wealthier provinces in China and aligns us with the leading commercial real estate firm in their market," stated NAI Global President & CEO Jeffrey M. Finn. "NAI Derun's local market expertise will be valuable to our international clients investing and locating operations in this fast-growing region."
NAI now has six offices throughout China and expects that number to double over the next months, Finn noted.
NAI Derun's major clients include leading corporations such as Wal-mart, Carrefour, B&Q, Time Warner, KFC, McDonald's, Watson's, New World Department Store and Su Ning Corporation.
"Becoming part of NAI Global provides us with a global brand that opens our doors to the international market yet allows us to maintain our local identity and independence," added NAI Derun founder and principal Jane Yu. "I am confident that NAI's powerful network, along with our knowledge of the Chinese market, will create a successful partnership."
Source: NAI Global