PAN SHIYI and ZHANG XIN China's Condo Couple
Soho means chic in China these days, thanks to Beijing Redstone Industrie, a real estate firm owned by Chinese-born Pan Shiyi, 38, and his wife Zhang Xin, 35, a Cambridge-educated former Goldman, Sachs investment analyst. Condos in the company's debut project, Soho New Town, a sleek development, enjoyed sizzling sales among Beijing's burgeoning capitalist class despite prices of $241,000 to $422,000. Asian papers report that the travel-loving duo hopes to go public this year to fund construction of a hotel near the Great Wall, villas on Hainan island and more Beijing condos.
--MARK...
To continue reading:
or
Log-In
