Sunrise Real Estate Group Inc - Current report filing (8-K)

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 8, 2007 (October 8, 2007)

SUNRISE REAL ESTATE GROUP, INC.

(Exact name of registrant as specified in its charter)

Texas		000-32585		75-2713701
(State of Incorporation)		(Commission File Number)		(IRS Employer Identification)

(Address of principal executive offices)

Suite 701, No.333, Zhaojiabang Road

Shanghai, PRC 200032

Registrant's telephone number, including area code (86)-21-6422-0505

(Former Name or Former Address if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events .

In a press release dated October 8, 2007, Sunrise Real Estate Group, Inc. announced that Bank of Jiangsu, Suzhou Branch purchased the first and second floors of the Suzhou Sovereign Building for $7.04 Million (or RMB 52.8 Million) from Shanghai Shang Yang Real Eestate Consultation Company Limited, a wholly-owned subsidiary of the registrant, on September 19, 2007. The press release is attached hereto as Exhibit 99.1

Item 9.01 Financial Statements and Exhibits .

(d) Exhibits .

Exhibit No.	Description	Method of Filing
10.1	English translation of a summary of the Sale Agreement of Commercial Property, dated September 19, 2007.	Form 8-K dated October 9, 2007
99.1	Press Release dated October 8, 2007	Filed herewith

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.