Agile Property, a Hong Kong-listed company, which used to mainly focus on residential development, announced the launch of six commercial projects in Zhongshan, a prefecture-level city in Guangdong Province this year, with a total area of 200,000 square meters.
Dalian Wanda Group, China’s most successful domestic commercial developer, has its main focus on hotels, office buildings and department store chains.
Alibaba.com announced other developers including COFCO Property and GreenLand Group have also announced that they are also setting their sights on commercial development as a long-term investment opportunity. Now all these companies need to acquire the skill to manage their new commercial properties.
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