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XIAMEN CITY, CHINA-As part of a plan for steady growth throughout the country, commercial real estate network NAI Global has joined forces with an established firm in Fujian Province. Launched in 2003, the full-service entity has been recast as NAI Derun and will be based in this coastal metropolis of 1.3 million people.

Founder and principal Jane Yu says the arrangement with NAI gives her organization “a global brand that opens doors to the international market yet allows us to maintain a local identity and independence.” The union provides NAI Global coverage it was seeking in one of China’s wealthier areas, says president and CEO Jeffrey Finn, who lists Yu’s company as “the leading commercial real estate firm” in the province. “NAI Derun’s market expertise will be valuable to our international clients when investing and locating operations in this fast-growing region,” adds Finn.

Specializing in office and retail, NAI Derun provides leasing and sales services along with asset and portfolio management, valuation expertise and development consulting. Customers include such major enterprises as Carrefour, KFC, McDonald’s, New World Department Store, Time Warner and Su Ning Corp. Fujian Province offers one of China’s most advanced banking and financial services systems, and was among the first regions in the country to be established as a special economic zone. That designation in the early 1980s has led to the arrival of numerous multi-national companies over the years, further enhancing the Xiamen economy.

Headquartered in Princeton, NJ, NAI Global manages a network of 5,000 CRE professionals and 350 offices in 45 countries, with an annual transaction volume exceeding $40 billion. NAI Derun is the sixth network office in China, and Finn says his firm hopes to double that figure in the coming months.

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