| Chongqing Verakin Changhao Property Investment |
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Transaction closed April 2010 for the development of two residential projects in the Yuzhong and Banan districts, with construction starting in the first quarter of 2010 |
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Total equity investment of $35 million, with $18.5 million invested by Century Bridge in a joint venture with regional Chinese real estate developer, Verakin Group |
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Both projects are build-to-sell, middle-income residential projects located in Chongqing China, where GDP growth has outpaced the national average for the past 7 years |
