Gemdale was founded in early 1988, and is headquartered in Shenzhen, China. The company first began operating in the field of real estate in 1993, and was listed on the Shanghai Stock Exchange in 2001 (stock code: 600383.SH). This made Gemdale one of the first listed real estate companies with nationwide business coverage across all of China. Gemdale is currently involved in the fields of residential development and sales; the development, sale, and operation of commercial real estate; real estate financing; property services and community operations; and sports industry cluster operations, focused on tennis. Gemdale operates both residential and commercial real estate projects across 7 major regions and in 54 cities in China (as of August 28, 2019), and currently has 13 projects in 6 cities and regions along the east and west coasts of the United States.In 2018, Gemdale’s annual real estate sales income reached approximately 162.3 billion CNY, having sold approximately 8.778 million square meters worth of space that year; as of the end of 2018, Gemdale boasted land reserves equivalent to 44 million square meters and total assets of roughly 278.4 billion CNY, with net assets attributable to shareholders consisting of about 46.5 billion CNY.
In August 2019, Gemdale Agent Construction was renamed Gemdale Management.
Held the 30th Anniversary Celebration and Product Brand Release Conference in Shenzhen with the theme of “Power of You, Proud of You”.
Gemdale released its 2016 Annual Report, showing a YOY growth of 96.87% in the net profit attributable to the parent company.
Annual real estate sales exceeded 100 billion yuan.
Founded Wins Money, Gemdale Renovation Fund and Gemdale New Home Decoration successively.
Obtained the CBD plot in San Francisco, and officially tapped into the U.S. real-estate market.
Acquired the Hong Kong-listed company (stock code: 535.HK) and renamed it Gemdale Properties and Investment (GPI) to explore the commercial real estate field.
Established Grandale Sports to explore the sports industry.
Completed the development of Green Series, the first product line, and established the standardized and serialized residential product strategy.
Set up China’s first standardized real estate dollar fund with Swiss Bank to explore the real estate finance field.
Completed the nationwide distribution of South China, North China, East China, Central China, Northwest China, Northeast China and Southeast China.
Listed on the Shanghai Stock Exchange (stock code: 600383.SH), and started nationwide distribution
Developed the first residential project Shenzhen·Gemdale Garden, and established Gemdale Property.
Real Estate Development
Committed to promoting the Science of Living, we have provided standard and series residential and community commercial products for more than 600,000 families in China over the past 30 years. We have received the AAA credit ratings in the Chinese Construction Enterprise System and the Real-Estate Development Qualification Certificate Level 1. Based on our deep understanding in customers’ values, we have released nine series of standards projects, including the Brown Stone, Eminence, Green, China Chic, Future, Azure, Aristo, Colorful-center and Community Commercial, to coincide with different values and needs of customers in different ages. Thanks to our proactive study on customers’ lifestyles, we have innovatively unveiled the HOME+, 360° Healthy Home, Micro Climate Intelligent Decision System, Five-elaboration Decoration Home, Life Smart Home, etc. to perfectly meet customers’ needs.
Gemdale acquired Frasers Property Limited listed at the Stock Exchange of Hong Kong (stock code: 535.HK) in 2012 and renamed it Gemdale Properties and Investment (GPI) in 2013.GPI is integrated with real estate comprehensive development and asset management platform, providing the multiple properties such as integrated space and services for enterprises and individuals through the development and sales, investment management and service operation of commercial center complex, industrial park town, boutique residence, long-term rental apartment, star-level hotel.
Gemdale started to explore the real estate financial business in 2006 and is one of the first real-estate companies engaged in this sector in China. Wins Investment is the real-estate private equity management company established by Gemdale. In 2008, Wins launched the first USD real-estate fund in China, UBS/Gemdale China Real Estate Fund by cooperating with UBS, and started to explore the RMB fund business in 2010.
Established in 2010, Grandale Sports is a wholly-owned subsidiary of Gemdale Group. With tennis as its main business platform, Grandale has a thorough understanding of the culture and industrial concepts in the field of international tennis, and is committed to the commercialization of China's sports industry for a long time. After nearly ten years of development, Grandale Sports has formed four industrial clusters of “Event Management”, “Player Broker Management”, “Sports Complex and Venue Management” and “Club Platform Management”.
established Gemdale Property in 1993 which is one of the first Chinese property management companies with the National Level 1 qualification and the standing director member of the China Property Management Institute. Currently, it has emerged as a leading provider of community and asset management services.Gemdale Property manages a total area of nearly 500 million square meters and serves more than 5 million people in more than 100 Chinese cities.
I New Home
In August 2016, I New Home Science and Technology Life Service Co., Ltd , an Internet decoration company affiliated to Gemdale Corporation, was officially registered. By virtue of the Internet thinking and tools, it commits itself to providing customers with standardized, transparent and highly cost effective decoration products. Considering the user experience as the core and the customer satisfaction as the highest standard, it relies on Gemdale's 30 years of experience in providing high quality residences to users to develop a unique core competence in decoration quality and service and provides customers with a reassuring experience of decoration.
Gemdale Group Development Management Company is a holding subsidiary of Gemdale Group (600383.SH), headquartered in Shenzhen, and specializes in providing agent construction services for the clients nationwide. In 2006, Gemdale undertook Shenzhen's first office building project commissioned by the government, “Futian Science and Technology Plaza”, marking the first time that Gemdale entered the field of agent construction. Through 12 years of business accumulation, Gemdale Group formally took strategic measures to further develop the field of agent construction, and established Gemdale Group Development Management Company in 2018.
Shenzhen Gemdale Education Co., Ltd. was established in 2017 and is a wholly-owned subsidiary of Gemdale Group.
Based on K12 private bilingual international school, powered by international schools and colleges and universities, and boosted by Gemdale Internet Education Innovation Center (education incubator), STEM education, community education, Gemdale Education integrates the University of Chinese Academy of Sciences, National Center for Education Development Research of Ministry of Education, National Institute Of Education Sciences, TOP30 K12 schools in the UK and the US and other top-notch education brands and resources at home and abroad, thereby drawing the strategic development route map of Gemdale Education.
Based on customers’ recognition, market acceptance, creditability and performance, Gemdale ranked 12th among 2018 China’s Top 100 Real Estate Enterprises, has been on the lists of China Real-Estate Blue Chip and Top 10 Listed Real Estate Companies in General Strength in Shanghai and Shenzhen for 15 consecutive years. We have also been one of the Top 10 China Responsible Real Estate Enterprises for consecutive years. In addition, Gemdale ranked 169th on Forbes’ 2018 List of the World’s Best Employers, and won many honors including the 2018 China Annual Influential Real Estate Enterprises and 2018 China Top 30 Listed Enterprises with Green Credit.