Gemdale Commercial

Gemdale Commercial is a specialized company under Gemdale Group, focusing on comprehensive property development, operation, and management. Gemdale Group's first commercial complex project, Beijing Gemdale Center, began development in 2005, marking the Group's initial exploration into the commercial real estate sector.
As China's economic growth shifts towards consumption-driven models, China's commercial sector has flourished: the number and area of domestic shopping malls have grown rapidly at an annual rate of approximately 10%. It is projected that by 2015, China will have 4,075 shopping malls with a total area of about 165 million square meters. Looking at the development of commercial real estate in developed countries, there remains significant room for growth in per capita commercial area in China. Undoubtedly, commercial real estate will be a major focus in China's property development over the next decade.
Seizing this opportunity, Gemdale Group's 'One Body, Two Wings' strategic layout has been unveiled, with Gemdale Commercial carrying the crucial 'wing' of commercial real estate.
Whether it is developing urban complexes that aim to create city landmarks and transform commercial centers into temples of lifestyle art, or regional commercial streets that inherit historical context and local culture while embracing modernity, or regional complexes that emphasize the fusion of local and commercial culture, offering rich and diverse commercial functions and experiential ambiance with both fashion and quality, every step of Gemdale Commercial's practice in the commercial real estate field embodies dedication.
After years of exploration and effort, Gemdale Commercial now operates five main business segments: investment and operation of commercial centers primarily comprising urban complexes; development and operation of five-star and boutique hotels; office building operations and property management; development, sales, and property management of apartments and residential properties; and development, operation, and property management of industrial parks.
In the future, Gemdale Commercial will continue to increase investment in commercial real estate, accelerate the formation of commercial assets, and enhance its development and operation capabilities through actively introducing commercial strategic partners and engaging in mutual shareholding. Looking ahead, Gemdale Commercial will focus on commercial real estate itself, relying on product innovation advantages to develop and manage urban complexes, thereby forming its core business development model. Continuing to leverage Gemdale Group's resources and core competitiveness, Gemdale Commercial will uphold the development philosophy of blending commerce with the city and driving urban growth, actively exploring deep development in commercial real estate. It will not use scale as the sole criterion but will fully respect the commercial culture of each urban plot, preserve the authentic urban lifestyle, and maintain a commitment to innovation and quality, ultimately realizing the grand vision of 'Leading Fine Commercial Real Estate in China'.