China Evergrande Group

The Evergrande Group or the Evergrande Real Estate Group is China’s second-largest property developer by sales. It is based in southern China’s Guangdong Province, and sells apartments mostly to upper and middle-income dwellers. As of 2018, it is the world’s most valuable real estate company.

Evergrande Real Estate Group Ltd. is an investment holding company, which engages in properties and construction industry. Its activities include property development, investment, management, and hotel and other property development related services in China. It also operates in residential, hotel, commercial property, tourist complex, and sport and culture businesses. The company was founded on June 26, 2006 and is headquartered in Guangzhou, China.