Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.