Xinyuan Real Estate Co., Ltd. Announces Land Acquisitions

          Xinyuan Real Estate Co., Ltd. Announces Land Acquisitions

PR Newswire

BEIJING, Feb. 13, 2014

BEIJING, Feb. 13, 2014 /PRNewswire/ --Xinyuan Real Estate Co., Ltd.
("Xinyuan" or "the Company") (NYSE: XIN), a residential real estate developer
with a focus on high growth cities in China, today announced that it has
recently acquired two land parcels.

The first land parcel is located in Tianfu New District, a new economic zone
in Chengdu City, the capital city of southwest China's Sichuan province. The
land parcel offers a site area of approximately 75,038 square meters. Xinyuan
paid a total of RMB933.8 million (approximately US$153.8 million) for the land
use rights. The Company plans to develop high rise residential apartments on
this land parcel for a total estimated gross floor area of approximately
225,024 square meters with an average estimated floor price of approximately
RMB4,150 per square meter.

The Company acquired a second land parcel in Sanya City, Hainan province,
through the acquisition of a local private-owned real estate company in Sanya.
This land parcel is located in Yazhou Bay of Sanya City. Yazhou Bay is located
in the west of Sanya, one of the five famous bays in Sanya and the last one
under development. An express train station is under development in the Yazhou
Bay area by the Sanya city government, with plans to construct a new airport
in the area. The land parcel offers a site area of approximately 78,831 square
meters. Xinyuan paid a total of RMB356.9 million (approximately US$58.9
million) for the land use rights. The Company plans to build SOHO apartments
for sale on this land parcel for a total estimated gross floor area of
approximately 118,245 square meters.

Mr. Yong Zhang, Chairman of Xinyuan, commented, "We are pleased to have
increased our project under planning inventory in Chengdu, a thriving market
where we have developed two projects in the past years. We are also excited to
enter Hainan market, a premier vacation destination in China. In recent years,
purchasing holiday properties has become increasingly popular. Sanya has been
the most popular domestic tourist destination for four consecutive years. With
today's announcement, we have acquired eleven new land parcels (for a total of
seven development projects) in the past six months. We are encouraged with the
progress of all of our active development projects and are confident that
these projects will lead to strong pre-sale revenue in 2014."

About Xinyuan Real Estate Co., Ltd.

Xinyuan Real Estate Co., Ltd. ("Xinyuan") (NYSE: XIN) is a developer of large
scale, high quality residential real estate projects aimed at providing
middle-income consumers with a comfortable and convenient community lifestyle.
In China, Xinyuan primarily focuses its development projects in Tier II
cities, Zhengzhou, Ji'nan, Suzhou, Kunshan, Xuzhou, Chengdu and Hefei. The
Company's U.S. development arm, XIN Development Group International, Inc., is
a pioneer amongst Chinese real estate residential developers, entering the US
market in 2012. Xinyuan is the first real estate developer from China to be
listed on the New York Stock Exchange. For more information, please visit
http://en.xyre.com/ir.html.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are
made under the ''safe harbor'' provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates," "confident" and similar
statements. Statements that are not historical facts, including statements
concerning our beliefs, forecasts, estimates and expectations, are
forward-looking statements. Forward-looking statements involve inherent risks
and uncertainties that could cause actual results to differ materially from
those projected or anticipated, including, but not limited to, the risk that:
our financing costs are subject to changes in interest rates; our results of
operations may fluctuate from period to period; the recognition of our real
estate revenue and costs relies on our estimation of total project sales value
and costs; we may be unable to acquire desired development sales at
commercially reasonable costs; increases in the price of raw materials may
increase our cost of sales and reduce our earnings; we are heavily dependent
on the performance of the residential property market in China, which is at a
relatively early development stage; PRC economic, political and social
conditions as well as government policies can affect our business; the market
price of our ADSs may be volatile, and other risks outlined in our public
filings with the Securities and Exchange Commission, including our annual
report on Form 20-F for the year ended December 31, 2012. Except as required
by law, we undertake no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information, future
events or otherwise, after the date on which the statements are made or to
reflect the occurrence of unanticipated events.

For more information, please contact:

Xinyuan Real Estate Co., Ltd.
Ms. Helen Zhang
Interim CFO
Tel: +86 (10) 8588-9398
Email: irmanager@xyre.com

ICR, LLC
William Zima
In U.S.: +1 646-308-1472
In China: +86 (10) 6583-7511
Email: william.zima@icrinc.com

SOURCE Xinyuan Real Estate Co., Ltd.

Website: http://www.xyre.com
Website: http://en.xyre.com/ir.html
 
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