Friendwell Group of Companies is an entrepreneurial, steady-growth real estate acquisition and property management group of companies focus on the hospitality industry and retail shopping malls. It is engaged in the ownership, and operation of a highly productive portfolio of hotels, retail stores, and office buildings, in Taiwan, Japan, and Eastern United States. As of December 2005, Friendwell Group of companies had over US$ 353 million in assets and generated nearly US$ 102 million in yearly revenue.

Friendwell started construction and income producing real estate business in 1989 by a large land holding family from Ping-Tung, Taiwan. Registering over 27% annually growth in assets ever since, Friendwell has now grown into a full service, globally integrated real estate group of companies with over 1200 employees Worldwide. Despite the Asia financial crisis, Taiwanese and Japanese recessions, Friendwell has continued to maintain steady growth, and confirmed a recession-proof group of companies.

We will strive to utilize our competitive strengths and professional knowledge to provide our investment partners with the best real estate investment products and services while we expand the scope of our activities and the scale of our profits at an exceptionally high pace.

We will transform our current organization into a self-perpetuating enterprises that has a reputation across industry for delivering the strongest investment satisfaction and employing proactive, innovative, and impressive business practices through the following competitive edges:

Opportunistic Acquisition:
The hallmark of our success has been our ability to consistently identify under- performing and undervalued assets with the potential for rapid turnaround in United States, Taiwan, and Japan. With many different regional real estate demands, supply, cash flow values of properties and the variance of different properties, opportunistic acquisition will be our most attractive growth vehicle. We will continue to acquire high-quality real estate assets with a substantial cash flow generated from the properties themselves.

Operational Expertise:
Friendwell principals and professional management staffs lead our charge for profitable growth. Our principals bring decades of hand-on experience to bear, but it is the talent that we have imported from other leading management companies and the practices of leading franchises that will ensure our ability to maintain above-market net operating income at each of our properties. We have fused top management experience and leading franchise expertise in creating a more systematic, scalable, and eventually the leading management company.