After spending 66 million dollars in purchasing San Diego Hotel, a branch of Barcelo Group in Spain by entering into a contract in February this year, in order to seek new investment opportunity in Europe and broaden resources and channels of European market, during July 1 to July 10, Zhen Zhen, the assistant of Group Chairman and manager of the overseas investment department Lu Zhen, the assistant manager of the overseas investment department and Hu Tiannan, the project assistant of the overseas investment department, form a Delegation to head for big cities in Spain to investigate overseas hotels.

Picture: The delegation visits in Spain
Ten-day visit makes multiple investment intentions be reached
During the ten-day visit, the delegation went to big cities such as Barcelona and Madrid, visiting 12 urban hotels located in commercial centers. In addition, the delegation investigated and discussed local economy, tourist source market, competitors, consumption habit, product design, supporting projects, etc., with the first draft of the planning layout scheme completed.


Picture: The delegation investigates major Spanish cities with commercial centers
Besides, the Delegation held an official talk with the well-known International Third Party Service Agency and Multinational Bank to cooperate with them for boosting investment plan in Europe. It is learned that during this visit in Spain, investment intentions in three high-ranking urban hotels have been reached, and the delegation have practically contacted and discussed with owners, which not only provides new strategic development for Kangde Group in the field of overseas investment but also lays a solid foundation for extensiveness of allocation, diversity and professionalization of the overseas investment of Kangde Group.


Photo: The delegation investigates major Spanish cities with commercial centers
Seizing the opportunity of globalization, Kangde Group seeks improvement in stability
For 17 years, Kangde Group has been enjoying popular support in real estate development. In recent years, it has further established the overseas expansion strategy of “being based in Chongqing, developing domestic market and expanding overseas”. With high-speed development of overseas investment business, as for next step, Kangde Group plans to set up a head office in Europe for further consolidating and strengthening investment and development in Europe, during which its projects in America shall proceed in an orderly way. As for the above-mentioned objectives, Mr. Lu Chaokang, the chairman of Kangde Group is full of confidence, “landing the overseas real estate market, marching into overseas tourism and carrying out globalization have become the enterprise development strategy of developers of top brand. In recent years, European economy has been recovered, tourism continues to develop, and there is a significant increase in the number of Chinese tourists travelling abroad. Therefore, it is pretty good to invest in overseas at present. Kangde Group accelerates overseas expansion in sound and stead development, holds overseas tourism as the key competition factor, seeks opportunity to purchase hotel overseas, and strives to be a global business leader in domestic real estate industry.”
